Bharat Petroleum (BPCL) SHARE PRICE TARGET 2023, 2024, 2025 to 2030

We are almost towards the end of 2023, and investors are seeking for prospective equities to add to their portfolios.

BPCL, a significant player in the oil and gas sector, recently made news for its outstanding financial achievements. With a share price target range of 643.81 to 1,093.37 from 2023 to 2025, this stock seems to be rising. So, is purchasing this stock a sensible long-term investment?

We’ll examine the financials of BPCL, think about its growth potential, and analyze whether this firm will be a sensible choice for investors in the years to come.

As of today (November 18, 2023), Bharat Petroleum’s share price is trading at Rs.390.40 per share with a market cap of Rs.84,419 crore.

Latest news and stats about BPCL 

• BPCL to Raise Rs 18,000 Crore via Rights Issue for Net Zero Carbon Projects, Government Likely to Infuse Equity
• Axis Securities recommends purchasing shares of Bharat Petroleum Corporation Limited (BPCL) with a target price of Rs 407.
• BPCL is anticipated to deliver a strong quarterly performance. The company has consistently maintained a robust dividend payout ratio of 57.1%.

How to purchase BPCL shares?

Below are the trading platforms that you can use to purchase BPCL shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

BPCL Share Price Prediction: 2023 to 2030

BPCL Share Price Prediction 2023

BPCL shares in 2023 are expected to trade between ₹302 and ₹423.94. 

For the month of November 2023, the maximum and minimum BPCL share price target is ₹410.40 and ₹356.87.

BPCL Share Price Prediction 2024

Our analysis suggests that the share price of BPCL is likely to exhibit fluctuations throughout the year 2024, with periods of growth and decline. The maximum price target for the year is ₹901.37, expected in December 2024, while the minimum price target is ₹467.09 in May 2024.

Investors should take note of the potential returns and risks associated with investing in BPCL. The share price targets for 2024 suggest that there is potential for significant returns for investors who buy and hold the stock.

BPCL Share Price Prediction 2025

The table represents the predicted share price targets for Bharat Petroleum Corporation Limited (BPCL) for the year 2025.

Our analysis of BPCL shares suggests that the share price of BPCL is expected to continue fluctuating throughout the year. The maximum share price target is expected to be ₹1,093.37 in December 2025, while the minimum share price target is expected to be ₹634.47 in May 2025.

Investors should note that the data suggests that the share price of BPCL may exhibit periods of growth and decline, and the market could be volatile.

While there is potential for significant returns for investors who buy and hold the stock, there are also risks associated with investing in the stock market. It is important to remember that past performance is not indicative of future results.

BPCL Share Price Prediction 2026-2030

The table represents the predicted share price targets for Bharat Petroleum Corporation Limited (BPCL) for the years 2026 to 2030. Our analysis suggests that the share price of BPCL is expected to continue fluctuating throughout the years. The maximum share price target is expected to be ₹2,678.76 in 2030, while the minimum share price target is expected to be ₹455.39 in 2027.

Investors should note that the data suggests that the share price of BPCL may exhibit periods of growth and decline, and the market could be volatile. While there is potential for significant returns for investors who buy and hold the stock, there are also risks associated with investing in the stock market. It is important to remember that past performance is not indicative of future results.

Financial Condition of BPCL: Last 5 years

BPCL share price target by Experts

JM Financial on BPCL share price target

JM Financial recommends purchasing shares of Bharat Petroleum Corporation Limited (BPCL) with a target price of Rs 400 (09-Oct-2023)

ICICI Direct on BPCL share price target

ICICI Direct recommends purchasing shares of Bharat Petroleum Corporation Limited (BPCL) with a target price of Rs 430.

Axis Securities on BPCL share price target

Axis Securities suggests acquiring shares of Bharat Petroleum Corporation Limited (BPCL) with a target price of Rs 407.

FAQS

What is BPCL’s current share price?

As of the last trading day (November 18, 2023), BPCL’s share price closed at INR 390.

What is BPCL’s share price target for 2030?

Based on various analyst reports and market trends, BPCL’s share price target for 2030 ranges from ₹2,678.76 to ₹1,875.13 in 2030.

What is BPCL’s share price target for 2025?

BPCL’s share price target for 2025 suggests it could be trading between ₹1,093.37 and ₹634.

What are the factors affecting BPCL’s share price growth?

Factors such as global oil demand, government policies, market competition, company financials, and investor sentiments impact BPCL’s share price growth.

How has BPCL’s revenue growth been in the last five years?

BPCL’s revenue growth has been somewhat fluctuating over the last five years.

In 2019, the company reported sales of Rs. 298,226 Crore, which declined to Rs. 284,572 Crore in 2020. However, there was a rebound in 2021, with sales reaching Rs. 230,171 Crore. The growth continued in 2022, with sales climbing to Rs. 346,791 Crore, and further accelerated in 2023, reaching the highest point of Rs. 473,187 Crore.

Has BPCL’s profit after tax (PAT) been consistent in the last five years?

BPCL’s profit after tax (PAT) has not exhibited consistent performance over the last five years.

The company’s PAT figures have shown fluctuations during this period. In 2019, the PAT stood at 8,528 Crore INR, which declined to 3,666 Crore INR in 2020. However, there was a significant increase in PAT in 2021, reaching 17,320 Crore INR. This was followed by a notable decrease in 2022, with the PAT dropping to 11,682 Crore INR. In 2023, the PAT further declined to 2,131 Crore INR. Overall, BPCL’s PAT has displayed varying levels of performance over the last five years, indicating a lack of consistent profitability during this period.

What is BPCL’s dividend payout ratio?

BPCL’s dividend payout ratio has been varying in the last five years. Recently Bharat Petroleum paid a 40% dividend in March 2023

Is BPCL a good stock to buy for long-term investment?

Based on its financials, market trends, and analyst recommendations, BPCL can be a good stock to buy for long-term investment.

Can BPCL reach a share price of INR 1000 by 2025?

Based on various forecasts and trends, BPCL’s share price may reach INR 1000 by 2025, but it depends on various external factors. The maximum BPCL share price for 2025 is ₹1,093.37

What are the risks associated with investing in BPCL?

Risks such as market volatility, government regulations, competition, oil prices, and company-specific issues can affect BPCL’s financial performance and share price growth.

What should investors do before investing in BPCL?

Investors should analyze the company’s financial statements, market trends, analyst recommendations, and potential risks before investing in BPCL. It is also advisable to diversify their investment portfolio and seek professional advice.

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Conclusion

It is evident that Bharat Petroleum Corporation Limited (BPCL) has experienced mixed financial performance over the last five years. While the company’s sales figures have displayed some fluctuations, with a peak in 2023, there have been periods of decline as well. The profitability of BPCL, as indicated by the profit after tax (PAT), has also been inconsistent, with fluctuations observed throughout the years.

Furthermore, broker estimates for the target price of BPCL shares vary among different brokerage firms, ranging from Rs 407 to Rs 430. This indicates a divergence in market sentiment and expectations regarding the future performance of the company’s stock.

Considering these factors, it is crucial for investors to carefully analyze BPCL’s financial indicators, industry trends, and market conditions before making any investment decisions. Conducting thorough research, evaluating risk factors, and seeking professional advice can assist in making informed investment choices regarding BPCL.

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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