Chennai Petroleum (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Chennai Petroleum Corporation Limited |
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Price: ₹594.30 | ||
| 52 Week Low: ₹562.55 52 Week High: ₹1,275.00 |
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| Market Capital: 8,476.01 Crore (Midcap) | |||
| Energy -> Oil & Gas Refining & Marketing | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Chennai Petroleum Share Price Target For 2024
- 1.1.1: Chennai Petroleum Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Chennai Petroleum Share Price Target For 2025
- 1.2.1: Chennai Petroleum Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Chennai Petroleum Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Chennai Petroleum Brief Company Overview
- 4: Chennai Petroleum Financial Performance
- 4.0.1: Is Chennai Petroleum A Good Buy For Long Term?
To predict the Chennai Petroleum's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Chennai Petroleum Share Price Target For 2024
The line chart displays the monthly closing prices of Chennai Petroleum with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Chennai Petroleum shares in 2024, see the table below.
Chennai Petroleum Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 621.95 (+4.65%) | Price Action: 28 Nov 2024 Low |
| 2024 Target 2 | 615.11 (+3.50%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 607.7 (+2.25%) | Price Action: 19 Nov 2024 High |
| Current Price | 594.30 | Chennai Petroleum's share price as of 20 Dec 2024 |
| Stop Loss 1 | 585.17 (-1.54%) | Price Action: Oct 2023 High |
| Stop Loss 2 | 576.29 (-3.04%) | Price Action: 21 Nov 2024 High |
| Stop Loss 3 | 570.0 (-4.09%) | Price Action: 22 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Chennai Petroleum is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹603.28 serves as the nearest technical reference point.
Historical Returns: 3-month: -36.40% | 6-month: -36.63% | 1-year: -10.58%
Chennai Petroleum Share Price Target For 2025
The line chart displays the monthly closing prices of Chennai Petroleum with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Chennai Petroleum shares in 2025, see the table below.
Chennai Petroleum Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1047.2 (+76.20%) | Price Action: Chart |
| 2025 Target 2 | 1027.67 (+72.92%) | Price Action: Chart |
| 2025 Target 1 | 1017.5 (+71.20%) | Fibonacci Extension Level 64.90% |
| Current Price | 594.30 | Chennai Petroleum's share price as of 20 Dec 2024 |
| Stop Loss 1 | 489.31 (-17.67%) | Price Action: Chart |
| Stop Loss 2 | 484.42 (-18.49%) | Price Action: Chart |
| Stop Loss 3 | 475.7 (-19.96%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Chennai Petroleum is currently trading near its 52-week low of ₹562.55, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -10.58% | 3-year: +553.51% | 5-year: +442.99%
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Approach 2: Machine Learning By Studying Historical Prices
Chennai Petroleum Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹594.30 | ||
| 2024 | ₹749.09 | +26.05% | ₹765.89 |
| 2025 | ₹778.52 | +3.93% | ₹790.20 |
| 2026 | ₹755.15 | -3.00% | ₹783.51 |
| 2027 | ₹784.53 | +3.89% | ₹796.30 |
| 2028 | ₹711.51 | -9.31% | ₹783.74 |
| 2029 | ₹752.98 | +5.83% | ₹785.54 |
| 2030 | ₹782.56 | +3.93% | ₹794.30 |
| 2031 | ₹759.07 | -3.00% | ₹787.58 |
| 2032 | ₹788.60 | +3.89% | ₹800.43 |
| 2033 | ₹715.19 | -9.31% | ₹787.81 |
| 2034 | ₹756.88 | +5.83% | ₹789.61 |
| 2035 | ₹786.61 | +3.93% | ₹798.41 |
| 2036 | ₹762.99 | -3.00% | ₹791.65 |
| 2037 | ₹792.66 | +3.89% | ₹804.55 |
| 2038 | ₹718.88 | -9.31% | ₹791.87 |
| 2039 | ₹777.84 | +8.20% | ₹793.68 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Chennai Petroleum Brief Company Overview
Chennai Petroleum Corporation Limited: A Reputable Producer and Supplier in India's Energy Sector Established in 1965, Chennai Petroleum Corporation Limited (CPCL) is a prominent player in India's petroleum industry. As a subsidiary of the renowned Indian Oil Corporation...
Limited, CPCL boasts a strong market presence and an extensive product range. CPCL's core business revolves around the production and supply of a diverse array of petroleum products, including liquefied petroleum gas, motor spirit, aviation turbine fuel, and high-speed diesel. Additionally, the company offers a wide variety of other products, such as furnace oil, extracts, propylene glycol, and petrochemical feedstocks. CPCL's commitment to quality and innovation has earned it a reputation for excellence within the industry. Its adherence to stringent safety and environmental standards has further solidified its position as a trusted partner for customers and stakeholders alike.Chennai Petroleum Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 8,476.01 Crore | Market valuation of Chennai Petroleum's shares. |
| Revenue (TTM) | 64,527.51 Crore | Total revenue generated by Chennai Petroleum over the past twelve months. |
| Net Income (TTM) | +7,165,499,904.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -6.85% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +1.11% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-26.90% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
79.21 | Company's total debt divided by total shareholder equity. |
| Total Debt | 6,113.69 Crore | Sum of Chennai Petroleum's current & long-term financial obligations. |
| Total Cash | 193.53 Crore | Total amount of liquid funds available to Chennai Petroleum. |
| Beta | 0.72 | Beta is less than 1 indicating that the Chennai Petroleum's price is less volatile than the market. |
Is Chennai Petroleum A Good Buy For Long Term?
Chennai Petroleum (CMP), a mid-cap stock with a market capitalization of ₹8,476.01 crore, presents a mixed picture for long-term investors. While its revenue (₹64,527.51 crore TTM) is substantial, a significant debt of ₹6,113.69 crore (Q2 2024-25) and a low profit margin of 1.11% raise concerns. The recent performance shows volatility (-41.50% in the past 3 months), although long-term returns (446.88% over 3 years) are positive. Considering the debt and recent negative returns, CMP is currently a not a good buy for long-term investment. Further analysis is recommended.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
