Bharath Petroleum Corporation Limited is a government undertaking public sector company that deals with oil and petroleum products. In this article, we discuss on country’s biggest oil & petroleum-selling company BPCL ( Bharath Petroleum Corporation Limited) Share Price Target and its future share performance.
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As an investor, you must know whether investing in Bharath Petroleum Corporation Limited shares is worth it. And to understand the company’s performance, we can analyze the company’s business and financial aspects. Let’s see the in-depth analysis of BPCL Share Price Target 2023, 2024, 2025,2026, and 2030.
BPCL Share Price Target 2023, 2024, 2025, 2026, and 2030
| Company Name | Bharath Petroleum Corporation Limited |
| Listed On | BSE- 500547 NSE- BPCL |
| Market Cap | Rs.77,973.79 Cr |
| Industry | energy |
| Areas Served | Worldwide |
| Founded in | 1974 |
| Headquartered | Mumbai, Maharasthra |
| Official Website | www.bharathpetroleum.com |
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BPCL Share Price Target 2023
BPCL (Bharath Petroleum & Corporation Limited) was established in 1976, and the company was undertaken by the Ministry of Petroleum & Natural Gasy by the government of India. The company was listed on the Bombay Stock Exchange (BSE-500547) and the National Stock Exchange(NSE-BPCL) in 1992.
In recent times Bharath Petroleum Shares was performing so well, as per the consolidated financial results of the last quarter the company makes revenue of Rs.1,18,598.49 Cr. As well its share value increased by 10.65% in the last 3 months.
BPCL Share Price Target 2023: Bharath Petroleum Limited is one of the biggest oil producers in the country. As per the upcoming market demand, the company is able to increase its production and sales values. So, you can see the target price of BPCL Share Price Target by 2023 is expected between Rs.380-420
| BPCL Share First Target Price 2023 | Rs.380 |
| BPCL Share Second Target Price 2023 | Rs.420 |
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BPCL Share Price Target 2024
BPCL (Bharath Petroleum Limited )is the second-highest oil producer in the Indian energy sector. With a Strong Presence in the oil sector with various businesses like refinery, exploration, production, marketing, and distribution of oil and petroleum products.
If you see Bharath Petroleum Limited Share Price Today is Rs.360.25 (10-6-23), and you can check the Current Market Price by clicking the link.
The company’s P/E ratio is 36.59 which is higher than its sector P/E ratio of 35.74. So, the share price of BPCL is slightly overvalued zone as per the key factors.
BPCL Share Price Target 2024: Bharath Petroleum has a strong presence in the domestic energy market. Also, the company involves various operations in energy segments. So, you can expect good returns from BPCL Shares in the upcoming days.
| BPCL Share First Target Price 2024 | Rs.540 |
| BPCL Share Second Target Price 2024 | Rs.580 |
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BPCL Share Price Target 2025
Bharath Petroleum Limited has 3 refinery plants with a total refinery capacity of 38 million metric tonnes per annum. The company refines a wide range of products like gasoline, diesel, aviation fuel, liquefied petroleum gas, and other petrochemicals.
The company’s annual earnings growth is forecasted up to 51.2%, and its current annual revenue growth is 35.99% which is outperformed by 3 Years CAGR of 18.13%.
BPCL Share Price Target 2025: The company has a wide range of products, and its subsidiary compies also do various businesses. So, the company is able to show up standard growth in the future. You can see the multi-bagger returns from this government-owned company shares by long-term investment.
| BPCL Share First Target Price 2025 | Rs.650 |
| BPCL Share Second Target Price 2025 | Rs.700 |
BPCL Share Price Target 2026
India is the second highest energy-consuming market globally, and the Indian energy demand by 2027 is increasing by up to 7% annually.
The company has well-established distribution and marketing network the company operates retail outlets across various locations in India under its brand name called “Bharath Petroleum”.
BPCL Share Price Target 2026: The company has various outlets across the country, and sells various products and services to customers. The company holds a significant position in the domestic energy market. The target price of BPCL by 2026 is expected between Rs. 730-750
| BPCL Share First Target Price 2026 | Rs.750 |
| BPCL Share Second Target Price 2026 | Rs.780 |
BPCL Share Price Target 2030
BPCL has partnerships with various international companies to expand its operations and establish new markets. In 2020, the company makes collaboration with Hindustan Petroleum Corporation Ltd for a refinery- cum- petrochemicals complex.
Also, the company has started working towards Renewable Energy projects to contribute to the upcoming energy demand of the country. The company announced to invest in solar power projects with a total capacity of 200 Megawatts.
| BPCL Share First Target Price 2030 | Rs.900 |
| BPCL Share Second Target Price 2030 | Rs.950 |
BPCL Business Overview
BPCL (Bharath Petroleum Corporation Limited) is the second leading refinery company owned by the Indian Government. The company is a private undertaking company that works under the Ministry of Petroleum & Oil department.
The company has 3 refinery plants, as well as the company, is involved in various operations like exploration, production, refining, marketing, and distribution of petroleum and gas products.
BPCL Strength
- The company has a wide range of products and a Large Network with 16,000 fuel stations in the country.
- The company has well-established brand recognization in domestic and international markets.
- BPCL has the highest production capacity based on market demand.
BPCL Weakness
- The majority of the stakes are held by the Indian government, So, there will be a change of government can affect the company’s growth.
- The company doesn’t want to expand its operations apart from the Indian energy market.
- Due to environmental issues, the company faces a lot of issues, also the production cost place a major impact on the company’s growth.
BPCL Competitors
- Hindustan Petroleum Corporation
- Indian Oil Corporation
- Reliance Petroleum
- Oil & Natural Gas Corporation
BPCL Share Price Target 2023, 2024, 2025, 2026, and 2030
BPCL Share First Target Price 2023 | Rs.380 |
| BPCL Share Second Target Price 2023 | Rs.420 |
| BPCL Share First Target Price 2024 | Rs.540 |
| BPCL Share Second Target Price 2024 | Rs.580 |
| BPCL Share First Target Price 2025 | Rs.650 |
| BPCL Share Second Target Price 2025 | Rs.700 |
| BPCL Share First Target Price 2026 | Rs.750 |
| BPCL Share Second Target Price 2026 | Rs.780 |
| BPCL Share First Target Price 2030 | Rs.900 |
| BPCL Share Second Target Price 2030 | Rs.950 |
Conclusion
BPCL has a well-established market presence and well know brand recognition over a period of time. And the company has stable financial health which helps to improve its performance in the future.
As per the statistics, the energy demand keeps increasing in the upcoming days. So, the company is able to take maximum advantage of the upcoming demand. You can expect multi-bagger from this government-owned company in long-term investment.
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BPCL FAQ
What Is the share price target of BPCL by 2025?
The target price of BPCL by 2025 is expected between Rs. 650-700
What Is the Share Price Target Of BPCL by 2030?
As per the technical analysis, the target price of BPCL by 2030 is Rs.900-950