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Chennai Petroleum Share Price Target 2024, 2025, 2026 to 2039 With Charts
Chennai Petroleum Corporation Limited | |||
 | Symbol: CHENNPETRO | ||
| Price: ₹578.29 | |||
| Exchange: NSE | |||
| Energy -> Oil & Gas Refining & Marketing | |||
Show Table of Contents
Table of Contents
- 1: Chennai Petroleum Brief Company Overview
- 1.1: Chennai Petroleum Corporation Limited: A Reputable Producer and Supplier in India's Energy Sector
- 1.2: Chennai Petroleum Financial Performance
- 1.2.1: Is Chennai Petroleum A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Chennai Petroleum Share Price Target For 2024
- 2.1.1: Chennai Petroleum Share Price Target Table For 2024
- 2.1.2: Summary: Chennai Petroleum Share Price Prediction For 2024
- 2.2: Chennai Petroleum Share Price Target For 2025
- 2.2.1: Chennai Petroleum Share Price Target Table For 2025
- 2.2.2: Summary: Chennai Petroleum Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Chennai Petroleum Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Chennai Petroleum Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Chennai Petroleum Past Performance
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.
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Chennai Petroleum Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 9,762.65 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) | +716.54 Crore | 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) | -26.9% | 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 ₹8,611.52 crore, shows mixed signals. While it boasts significant revenue (₹64,527.51 crore TTM) and a substantial three-year return (442.23%), its recent performance is concerning: a -42% return in the last three months and a significant debt of ₹6,113.69 crore (Q2 2024-25). The low profit margin (1.11%) and negative YTD return (-16.92%) raise red flags. Considering the current financial picture, CMP is not a good buy for the long term. Further analysis is recommended before any investment decision.
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.
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Chennai Petroleum Share Price Target Table For 2024
| Chennai Petroleum's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 601.37 (+3.99%) | Custom Fibonacci Extension Lvl 82% |
| 2024 Target 2 | 592.37 (+2.43%) | Custom Fibonacci Extension Lvl 50% |
| 2024 Target 1 | 584.93 (+1.14%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 578.29 | Chennai Petroleum's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 576.25 (-0.36%) | Price Action: Chart |
| Stop Loss 2 | 569.39 (-1.54%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 561.06 (-2.98%) | Fibonacci Retracement Extended 28.2% |
Summary: Chennai Petroleum Share Price Prediction For 2024
In summary, Chennai Petroleum has declined by ₹-117.71, recording a notable -16.91% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Chennai Petroleum for 2024 predicts an additional rise of 1.14% to 3.99% by the end of 2024 with three potential targets T1: 584.93, T2: 592.37, T3: 601.37. Stop Loss at SL1: 576.25, SL2: 569.39, SL3: 561.06.
Chennai Petroleum has a 52-week high of ₹1275.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹569.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Chennai Petroleum.
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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.
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Chennai Petroleum Share Price Target Table For 2025
| Chennai Petroleum's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 906.54 (+56.76%) | Price Action: 22 Oct 2024 High |
| 2025 Target 2 | 893.70 (+54.54%) | Price Action: 11 Oct 2024 Low |
| 2025 Target 1 | 881.42 (+52.41%) | Technical Indicator: MA250 |
| Current Price | 578.29 | Chennai Petroleum's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 501.36 (-13.31%) | Price Action: Chart |
| Stop Loss 2 | 496.35 (-14.17%) | Price Action: Chart |
| Stop Loss 3 | 487.42 (-15.72%) | Price Action: Chart |
Summary: Chennai Petroleum Share Price Prediction For 2025
In summary, Chennai Petroleum has declined by ₹-117.71, recording a notable -16.91% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Chennai Petroleum for 2025 predicts an additional rise of 52.41% to 56.76% by the end of 2025 with three potential targets T1: 881.42, T2: 893.70, T3: 906.54. Stop Loss at SL1: 501.36, SL2: 496.35, SL3: 487.42.
Chennai Petroleum has a All-Time high of ₹1275.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹569.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Chennai Petroleum, we have created a specific page for that check here: Chennai Petroleum Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Chennai Petroleum Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Chennai Petroleum share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -0.04% over the next 15 years.
For complete year by year Chennai Petroleum long term share price target from 2024, 2025 to 2039 check the below table.
Chennai Petroleum Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Chennai Petroleum Target | YoY Change % |
|---|---|---|
| 2024 | ₹578.29 | [Current Price] |
| 2024 | ₹746.91 | 29.15% |
| 2025 | ₹774.01 | 3.62% |
| 2026 | ₹748.6 | -3.29% |
| 2027 | ₹775.45 | 3.58% |
| 2028 | ₹701.23 | -9.58% |
| 2029 | ₹739.95 | 5.52% |
| 2030 | ₹766.77 | 3.62% |
| 2031 | ₹741.59 | -3.29% |
| 2032 | ₹768.18 | 3.58% |
| 2033 | ₹694.64 | -9.58% |
| 2034 | ₹732.98 | 5.51% |
| 2035 | ₹759.54 | 3.62% |
| 2036 | ₹734.58 | -3.29% |
| 2037 | ₹760.91 | 3.58% |
| 2038 | ₹688.05 | -9.58% |
| 2039 | ₹742.48 | 7.91% |
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Chennai Petroleum Past Performance
- In 1992, Chennai Petroleum opening price was ₹120
- As of Thu 14 Nov 2024 the price stands at ₹578.29.
- This represents a Compound Annual Growth Rate (CAGR) of 4.88%.
- In 32 years, an investment of 10,000 would have become ₹48,190.83.
As we wrap up, we hope you like our study on Chennai Petroleum share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Chennai Petroleum Share Price History
- Chennai Petroleum Price Target Tomorrow
- Chennai Petroleum Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
