BPCL Share Price Target 2024, 2025, 2030, 2040, 2050
It is one of the most popular companies in India which is known for its top-quality products. Not only that if you see its stock in NSE, you will see lots of investors are interested in trading on it as it gives very good returns.
What is Bharat Petroleum Corporation Ltd NSE: BPCL?
Contents
- 1 What is Bharat Petroleum Corporation Ltd NSE: BPCL?
- 2 BPCL share price Target 2024
- 3 BPCL share price Target 2025
- 4 BPCL share price Target 2030
- 5 BPCL share price Target 2040
- 6 BPCL share price Target 2050
- 7 Should I buy BPCL Stock?
- 8 Bharat Petroleum Corporation Ltd Earning Results
- 9 Is BPCL Stock Good to Buy? (Bull case & Bear case)
- 10 Conclusion
- 11 FAQs
Bharat Petroleum Corporation Limited is an Indian company that extracts crude oil and sells petroleum products.
They make various fuels like petrol, diesel, LPG, and CNG. They also provide different types of oils for vehicles, including engine oils, and gear oils. They deal with different kinds of gas such as natural gas, LNG, CNG, and city gas distribution. They also supply their product to the country abroad.
If we see the fuel industry it is one of the companies that is growing very frequently, especially with the supply of LPG gas. One of BPCL’s products is Bharat Gas, which provides cylinders for homes and businesses. Bharat Gas serves over 75 million homes in both rural and urban areas.
In recent years, the company has shown good growth in all areas, leading to increased revenue and profit. The management expects their market share to grow quickly in all segments of the NSE, which could result in a rise in the share price.
| Year | Minimum Price | Maximum Price |
| 2024 | 400 | 750 |
In the past, the total number of fuel stations of BPCL company was much less compared to the current time and became the second-largest fuel retailer in India. Natural gas is also used as fuel for cars which may be used as Compressed Natural Gas (CNG) or Liquefied Compressed Natural Gas (L-CNG). Natural Gas is also used for the production of fertilizer mainly ammonia. BPCL company also supplies fuel requirements. So by this demand, we can expect a positive move of the company.
| Year | Minimum Price | Maximum Price |
| 2025 | 700 | 920 |
BPCL is India’s second-largest oil company and has a strong base, which helps it handle market ups and downs better. Also, Privatization will bring new opportunities for BPCL to try new ideas and explore business worldwide. However, BPCL faces big risks because the world is moving towards renewable energy and electric vehicles. To keep up, BPCL will need to quickly build more charging stations, competing with big companies.
| Year | Minimum Price | Maximum Price |
| 2030 | 1800 | 2500 |
BPCL runs two of India’s largest refineries. These refineries help them to fulfil the country’s fuel needs and have the capacity to increase production in the future. The company focuses on research and development, investing in new technologies to improve product quality, streamline operations, and find cleaner fuel options. This dedication to innovation helps them stay prepared for changes in the energy industry. There are competitors still in the market but this company are ready to survive as it is an Indian company, and the government always wants to make its country self-dependent.
| Year | Minimum Price | Maximum Price |
| 2040 | 4200 | 5500 |
It is one of the leading companies known for its quality and capacity to fulfil the requirements. By its share price pattern in the stock market, we can see a bullish run on the weekly time frame since 2023. Before this year it was still on uptrend but it was slow. So overall we can conclude that in the long term, it will give you a good profit according to the past data.
Should I buy BPCL Stock?
This stock gave approximately doubled return to the investor since 2019. And still, it’s going to the uptrend by taking some retracement. It shows the strength of the stock on the stock market. However, if we see the price in the weekly time frame (June 2024) we can see that the price has stuck in a range but if we look for the long term then this stock can continue its bull run.
Bharat Petroleum Corporation Ltd Earning Results
Quarterly – Bharat Petroleum Corporation Q4 Results
*All figures in crores except per share values
| Fiscal Period | Mar 24 | Dec 23 | QoQ Comp | Mar 23 | YoY Comp |
| Total Revenue | 132,086.86 | 129,984.84 | 1.62% | 133,419.56 | -1.00% |
| Selling/ General/ Admin Expenses Total | 854.98 | 1,071.89 | -20.24% | 843.59 | 1.35% |
| Depreciation/ Amortization | 1,721.89 | 1,830.14 | -5.91% | 1,604.79 | 7.30% |
| Other Operating Expenses Total | 6,999.13 | 6,314.96 | 10.83% | 6,149.34 | 13.82% |
| Total Operating Expense | 124,754.90 | 125,899.89 | -0.91% | 125,305.89 | -0.44% |
| Operating Income | 7,331.96 | 4,084.95 | 79.49% | 8,113.67 | -9.63% |
| Net Income Before Taxes | 6,669.25 | 4,366.94 | 52.72% | 8,854.50 | -24.68% |
| Net Income | 4,789.57 | 3,181.42 | 50.55% | 6,870.47 | -30.29% |
| Diluted Normalized EPS | 22.80 | 15.91 | 43.29% | 36.52 | -37.58% |
Is BPCL Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- It is an Indian company, which increases its trust in the whole country.
- It is expanding its refining capacity and retail network and is also exploring renewable energy options.
- it is one of India’s largest oil and gas companies with a huge distribution network and a well-known brand. This gives it a competitive advantage.
- The Indian government plans to privatize BPCL, which could lead to better management, increased efficiency, and higher profitability.
- As the global economy recovers from the COVID-19 pandemic, the demand for fuel is rising day by day. This company is well-positioned to fulfil the demand.
Bear Case:
- Being a government-owned company, BPCL is subject to many rules and regulations.
- Its performance is closely linked to global oil prices. Changes in oil prices can impact the company’s profits, especially if higher costs cannot be passed on to consumers.
- The Indian petroleum sector is highly competitive, with many domestic and international players.
- With the world focusing more on reducing carbon emissions and moving towards renewable energy, the demand for fossil fuels may decline over time, affecting BPCL’s long-term revenues.
Conclusion
Investing in any stock is always a matter of confusion. However we can reduce it with great research on a fundamental level as well as by technical analysis. The past of the company is very good shown a positive movement. Also, there are many competitors on the market but as it is an Indian company it will get much support from the government for growth. So for the long term, you can choose it but always remember the risk involved in the stock market.
