CPCL Share Price Target 2024 To 2030 – Chennai Petroleum Corporation Limited (CPCL) is an integrated oil refining company with IPOD parent Indian Oil Corporation Limited. Incorporated back in 1965, CPCL has two large refineries located at Manali, Tamil Nadu and the second one at Nagapattinamin. The firm’s main business is operating as an upstream company that processes crude oil into different petroleum products, including diesel, gasoline, kerosene, and LPG.
CPCL is responsible for supplying southern India’s energy requirements and supporting the country’s fuel supplies. The company also has strong corporate social responsibilities in matters concerning the environment and efficiency in using energy in their businesses.
CPCL Share Price Current Market Overview
- Today’s Open: 974.10
- Today’s High: 974.25
- Today’s Low: 916.00
- Current Share Price: 924.95
- Market Capital: 13.71K Cr
- P/E: 5.41
- Dividend Yield: 5.95%
- 52 Week High: 1275.00
- 52 Week Low: 427.10
CPCL Share Price Recent Graph
Share Price Target Tomorrow From 2024 to 2030
The following table shows the share target price for upcoming years, which is based on market valuation, industrial trends, and expert predictions.
| S.No. | Share Price Target Years | Share Target Value |
|
|
2024 | 1293 |
|
|
2025 | 1510 |
|
|
2026 | 1705 |
|
|
2027 | 1986 |
|
|
2028 | 2304 |
|
|
2029 | 2616 |
|
|
2030 | 2948 |
Shareholding Pattern For CPCL Share Price
- Promoters: 67.29%
- Retail And Others: 16.14%
- Foreign Institutions: 15.78%
- Other Domestic Institutions: 0.45%
- Mutual Funds: 0.35%
CPCL Share Price Annual Income Statement
The given chart shows the comparison between revenue and net income.
Here are the details of the annual income statement of the company.
| Particulars | Info 2024 | Y/Y Change |
| Revenue | 666.36B | 13.13% (-) |
| Operating Expenses | 20.69B | 7.59% (-) |
| Net Income | 27.45B | 22.27% (-) |
| Net Profit Margin | 4.12 | 10.43% (-) |
| Earning Per Share | 182.07 | 23.28% (-) |
| EBITDA | 45.44B | 26.97% (-) |
| Effective Tax Rate | 25.68% | NA |
Challenges For CPCL Share Price
Volatility in Crude Oil Prices
Therefore, it can be seen that even small changes in global crude oil prices have observable effects on refining margins.
Regulatory Changes
Certain factors can influence the profitability of organizations; the government policies on fuel pricing as well as environmental regulation.
Currency Risk
They saw the depreciation of the Indian Rupee as a negative because it led to high costs of imports and, thus reduction of their profit margin.
Competition
Market share is an issue affected by cutthroat competition from its private and public sector refining counterparts.
