Hindustan Petroleum Corporation Ltd. is a public sector company, As the name suggests it is a peridium and natural gas extracting company in India. it was incorporated in 1952 as subsidiary of ONGC (Oil and Gas Corporation) and headquartered in Mumbai, Maharashtra, India. The company holds a 87,840Cr market capitalization with a 20.90 PE ratio. It is involved in refining crude oil, fueling service to aviation’s, processing and marketing various petrochemical products.
This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated HPCL share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: Hindustan Petroleum Corporation Ltd.
Headquarters: Mumbai, Maharashtra India.
Founded: 1952
Industry: Oil & Gas Industry
Table of Contents
HPCL share price target 2024 to 2030 and 2035
HPCL Share Price Targets are: 2024 – 405 to 440, 2025 – 468 to 510, 2026 – 596 to 712, 2027 – 878 to 958, 2028 – 1058 to 1147, 2029 – 1269 to 1405, 2030 – 1685 to 1798 and price forecasted 3058 to 3254 by 2035.
| Year | First target | Second target |
| 2024 | 405 | 440 |
| 2025 | 468 | 510 |
| 2026 | 596 | 712 |
| 2027 | 878 | 958 |
| 2028 | 1058 | 1147 |
| 2029 | 1269 | 1405 |
| 2030 | 1685 | 1798 |
| 2035 | 3058 | 3254 |
HPCL Financials
| Particulars (₹ cr) | Q2FY24 | Q1FY24 | Q2FY23 | Q-o-Q | Y-o-Y |
| Total revenue | 1,08,791 | 121429 | 102962 | -10.40% | 5.66% |
| Gross Profit | 835.44 | 471.18 | 6742.38 | 77.30% | -87.60% |
| Expense | 107955 | 120958 | 96220 | -10.75% | 12.19% |
| Profit Growth (PAT) | 631.18 | 355.80 | 5118.16 | 77.39% | -87.66% |
| Particulars (₹ cr) | 2021 | 2022 | 2023 | 2024 | CAGR |
| Total revenue | 273115 | 376866 | 468261 | 464019 | 19.32% |
| Gross Profit | 14246 | 8203 | -11914 | 19153 | 10.36% |
| Expense | 258868 | 368662 | 480176 | 444866 | 19.77% |
| Profit Growth (PAT) | 10663 | 6382 | -8974 | 14693 | 11.27% |
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HPCL Shareholdings
HPCL share price target 2024
The NSE and BSE listed HPCL under HINDPETRO. The company’s closing share price as of December 25, 2024, was 413. This is not a fixed share price; it fluctuates every second in the open market.
HPCL share price target 2024 is 405 as the first target and 440 as the second target
| Month | First target | Second target |
| November | 375 | 402 |
| December | 405 | 440 |
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HPCL share price target 2025
HPCL also directly deals with industries for bulk fuel and petroleum products requirement fulfilment. it works with consumer industries such as power plants, chemicals, fertilizers, airlines, etc.
HPCL forecasted share value for the beginning of 2025 is 468. The semi-annual price forecast may rise to 495 in a positive market sentiment. The price at the end of the year is forecast at 510.
| Month | First target | Second target |
| January | 442 | 487 |
| May | 433 | 468 |
| September | 495 | 500 |
| December | 480 | 510 |
HPCL share price target 2026
HPCL initial forecasted share value for the beginning of 2026 is 596. The semi-annual price forecast may rise to 653 in a positive market sentiment. The price at the end of the year is forecast at 712.
| Month | First target | Second target |
| January | 525 | 544 |
| May | 576 | 596 |
| September | 622 | 653 |
| December | 680 | 712 |
HPCL share price target 2027
Revenue has decreased by -0.90% YoY, and expenses also decreased by -7.35%. The company submitted standalone profit growth(PAT) of Rs. 943.88 crore in the financial year 2024 compared to Rs. 785.99 crore in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the HPCL share price target for 2027 is 878 at the beginning, 911 at the middle of the year, and 958 at the end of the year.
| Month | First target | target |
| January | 750 | 788 |
| May | 820 | 878 |
| September | 911 | 933 |
| December | 946 | 958 |
HPCL share price target 2028
HPCL share price target 2028 is 1058 at the start of the financial year. The price was forecast at 1080 in the middle of the year with some price consolidation for some months, and the projected share price is 1147 at the end of the year.
| Month | First target | Second target |
| January | 986 | 1020 |
| May | 1044 | 1058 |
| September | 1062 | 1080 |
| December | 1122 | 1147 |
HPCL share price target 2029
HPCL share price target 2029 is expected to reach 1269 to 1405, with some consolidation zones. The initial forecasted share value for the beginning of the year is 1269. The semi-annual price forecast may rise to 1350 in a positive market sentiment. The price at the end of 2029 is forecast at 1395 to 1405.
| Month | First target | Second target |
| January | 1156 | 1180 |
| May | 1205 | 1269 |
| September | 1324 | 1350 |
| December | 1395 | 1405 |
HPCL share price target 2030
The initial price target of HPCL is 1685 at the beginning of the year 2030. The half-yearly price forecast can rise to 1693 in a positive market situation. The price at the end of the year is forecast to 1798.
| Month | First target | Second target |
| January | 1490 | 1510 |
| May | 1560 | 1620 |
| September | 1685 | 1693 |
| December | 1750 | 1798 |
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HPCL share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of HPCL share price target 2035 to be 3058 at the beginning of the year, 3105 at the middle of the year, and 3254 at the end of the financial year.
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Factors Fueling HPCL Continued Growth
- Broad Array of Products and Services
- The company works in producing various products, from refining of crude oil to marketing petroleum products. HPCL transports petroleum to industries, aviation, retail petrol pumps, and also household, commercial LPG gas.
- Dependency on Oil market
- Though in recent days EVs & renewables taking huge demand, the Indian market still heavily depend on oil and gas resources. Thus, the company gets more orders in retail and commercial based sectors and achieve profitability.
What is HPCL?
HPCL is Hindustan Petroleum Corporation Ltd. oil and gas producing public sector undertaking, incorporated in the year 1952. The company involved in oil refining, selling petroleum products in India and across the world.
What is HPCL share price target for 2024?
HPCL share price target 2024 is 405 as the first target and 440 as the second target.
What is HPCL share price target for 2025?
HPCL share price target 2025 is 468 as the first target and 410 as the second target.
Conclusion
This article presents HPCL share price targets for 2024 to 2030 and 2035. These targets are mentioned based on the company’s fundamental records, including its cash flow, profit margin, debt statements, revenue, and earnings. and based on market trends, economic data, sector performance, market news, company new launches, etc. Forecasted prices may differ in the future as they are not guaranteed numbers depending on market news, corporate announcements such as stock splits, bonus shares, offers for sale, dividends, and global market fluctuations.
Investors aiming to take advantage of HPCL’s possibilities will have to monitor the organization’s developing business tactics, technological progress, and market situations in the upcoming years.
This format focuses on HPCL ’s share price target and long-term growth expectations, helping readers understand the factors influencing the stock from 2024 to 2030. Investing and trading in financial markets carries considerable risks, including possibly losing principal. Previous performance does not guarantee future outcomes, and market conditions may shift quickly. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetit