Top 5 Oil Marketing Companies Share Price in India 2024

Explore the 2024 share price analysis of Oil Marketing Companies Share Price – Indian Oil Corp, ONGC, Bharat Petroleum, Hindustan Petroleum…

Oil Marketing Companies Share Price in India 2024

India has the biggest share of the market, where many Indian companies are generating revenue and growing their market value. In this article, we are covering the share price analysis of the top five oil companies in India. Let us delve into this article and cover all the important things.

Top 5 oil Marketing Companies Share price

Indian Oil Corporation Limited:

The Indian Oil Corporation is the top oil company in India. which is captured market value according to Quter 3 report is 2,26,892.08 crore. which is the top company in India.

Stock Price Report:

Oil Marketing Companies Share Price From1 February 2024: Today’s stock price opened at Rs 148.50, and it’s going high at Rs 150.70 and low at Rs 147.05, closing at Rs 149.90. The total return is Rs 2.95, which is an increase of 2.01%

Analysis Report: According to experts’ suggestions, in the future, the stock price will increase and achieve the target price of Rs 165.

Weekly and Monthly Analysis Report:

if we talk about the last 5-day analysis, then the share price of Indian Oil Corporation Limited increased in 5 days by Rs 5.70, and the total return is 3.95%.
Monthly statement that its price has also increased by 14.8% and its return has increased by 19.35% in the past month.

ONGC (Oil & Natural Gas Corporation) Limited:

ONGC India is another oil and natural gas corporation limited, which is the top petroleum company in India. its capture market value, according to the Quarter 3 report, is Rs169212.63 crore.

The share price of ONGC :

On February 1, 2024, the share price of ONGC Limited was Rs 247.90, which is going down today, and the return is 1.72% down, which is Rs 4.35. its share price is open at Rs 254.65, and it becomes high at Rs 254.65 and low at Rs 245.45. The future target price of ONGC is expected to be ₹293.45.

Weekly and monthly analysis reports:

If we talk about the last 5-day analysis report of ONGC, then its share value increased by Rs 12 and its return was 5.09%.
If we talk about the monthly analysis report, then it’s going to increase Rs +40.85, which is a return of 19.73%.

Bharat Petroleum:

Bharat Petroleum Corporation Limited is an Indian oil company that captured the market, according to the Quarter 3 report, for Rs 1,07,323.78 crore.

The share price analysis:

Oil Marketing Companies Share Price On February 1, 2020, its share price was Rs 509.00, which is an increase of Rs 6.65 and also a return increase of 1.32 percent. today’s market open price is Rs 504.5, which is going high at Rs 515.30 and lower at Rs 499.19. The target share price, according to experts, is Rs ₹550.

Weekly and monthly analysis reports:

If we talk about weekly report analysis, then it increased by Rs 26.10, and the return was 5.40% in the last 5 days.
If we analyze the monthly reports, then it will increase by Rs 52.75, and the return will increase by 11.56%.

Hindustan Petroleum Corporation

Hindustan Petroleum Corporation Limited is an Indian oil company that is capturing the market. According to the Quarter 3 report, it is worth Rs 99,501 crore.

The share price analysis:

Oil Marketing Companies Share Price On February 1, 2024, the share price of Hindustan Petroleum Corporation Limited was Rs 466.00, which is an increase of Rs 2.75 and a return of Rs 0.59% today. The share price starts at Rs 467.95, which is going high at Rs 470.35 and lower at Rs 456.00. The share price target, according to experts, is Rs 500.

Weekly and monthly analysis reports

If we talk about the 5-day analysis report of Hindustan Petroleum Corporation Limited, it shows an increased value of Rs 11.75 and an increased return of Rs 2.59% in the last 5 days.
If we analyze the one-month report of Hindustan Corporation Petroleum Limited, it has an increase of Rs 57.30 and an increase in return of Rs 14.02% over the past month.

Gas Authority of India (GAIL)

The Gas Authority of India is an Indian oil company whose market price, according to the Quater 3 report, is Rs 1,00,666.

The share price analysis:

On February 1, 2024, the share price of the Gas Authority of India was Rs 173.60, which is an increase of Rs 1.00 and an increase in return of 0.58%. Its start price is Rs 174, the high is Rs 175.5, and the lower is Rs 171.30. The share price target expectation, according to experts, is Rs 155.

MUST READ: Oil Marketing Companies Rise in Profit in Q4

Weekly and monthly share price analysis

If we talk about the 5-day analysis, then it shows an increment of Rs 7.25 and a return increment of Rs 4.36% in the last 5 days.
If we talk about the monthly share price analysis, then it is an increase of Rs 9.5, and the return is 5.82% higher than last month.

Conclusion

Indian Oil Company shares are showing growth this year. The expectation is that it achieves its target and increases market value. In this article, all data are taken from reputed sites and these values fluctuate. if you have any kind suggestion related to this article then drop your suggestion blow the comment.

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