Indian Oil Corporation Ltd. (IOCL)

Indian Oil Corporation Ltd.  (IOCL) 

💐💐💐💐💐
Cmp 382
Can test 400 soon &  420 till Feb End
Long Term target 500++

Govt of India holds 58% stake in IOC.
Company will give good Q3, I estimate PAT to rise 90-100% YoY as well as QoQ

IOCL  can devlare total Dividend  high as Rs 20-25/share

Technically also, IOC set to touch 400-420.

For long term Investors, this Fortune 500 co ( amongst biggest refineries in the world), stock can be in 4 digit in 24 months also.



Happy Investing
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This is a personal blog and presents entirely personal views on stock market. Any statement made in this blog is merely an expression of my personal opinion. These informations are sourced from publicly available data. By using/reading this blog you agree to (i) not to take any investment decision or any other important decisions based on any information, opinion, suggestion, expressions or experience mentioned or presented in this blog (ii) Any investment decisions taken if any would be his/hers sole responsibility. (iii) the author of this blog is not responsible. 

Comments

  1. If Good luck works than ylu can see 400 on Monday itself.

    ReplyDelete
  2. Today Made high of 397.95

    IOC
    395.25 +7.90 (+2.04%)

    Day H/L : 397.95/390.00
    52wk H/L: 397.95/172.45
    Volume : 2.82M

    ReplyDelete

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