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Oil Country Tubular Share Price Target 2024, 2025, 2026 to 2039 With Charts
Oil Country Tubular Limited | |||
Symbol: OILCOUNTUB | |||
Price: ₹58.03 | |||
Exchange: NSE | |||
Energy -> Oil & Gas Equipment & Services |
Show Table of Contents
Table of Contents
- 1: Oil Country Tubular Brief Company Overview
- 1.1: Oil Country Tubular Limited: An Overview
- 1.2: Oil Country Tubular Financial Performance
- 1.2.1: Is Oil Country Tubular A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Oil Country Tubular Share Price Target For 2024
- 2.1.1: Oil Country Tubular Share Price Target Table For 2024
- 2.1.2: Summary: Oil Country Tubular Share Price Prediction For 2024
- 2.2: Oil Country Tubular Share Price Target For 2025
- 2.2.1: Oil Country Tubular Share Price Target Table For 2025
- 2.2.2: Summary: Oil Country Tubular Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Oil Country Tubular Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Oil Country Tubular Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Oil Country Tubular Past Performance
Oil Country Tubular Brief Company Overview
Oil Country Tubular Limited: An Overview
Oil Country Tubular Limited, established in 1985, is a leading manufacturer of tubular products for the oil and gas industry. With a presence in both India and the international market, the company has gained a reputation for providing high-quality casing, tubing, and drill pipes.
Their diverse product range includes heavy weight drill pipes, drill collars, tubing, casing, high collapse casing, and various accessories such as rotary subs, lifting bails, pup joints, and couplings. The company also offers a range of services, including tool joint hardfacing, tool joint make and break, and drill pipe reconditioning, among others.
Oil Country Tubular Limited's commitment to quality has earned them a strong reputation in the industry. They prioritize innovation and customer satisfaction, delivering reliable and durable products that meet the demanding requirements of oil and gas exploration and drilling operations.
Oil Country Tubular Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 235.66 Crore | Market valuation of Oil Country Tubular's shares. |
Revenue (TTM) | 43.03 Crore | Total revenue generated by Oil Country Tubular over the past twelve months. |
Net Income (TTM) | -61.54 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | -30.12% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | -143.02% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | +11799.8% | Change in revenue compared to the previous quarter. |
Debt-to-Equity (D/E) Ratio | 46.33 | Company's total debt divided by total shareholder equity. |
Total Debt | 90.23 Crore | Sum of Oil Country Tubular's current & long-term financial obligations. |
Total Cash | 3.14 Crore | Total amount of liquid funds available to Oil Country Tubular. |
Beta | -0.33 | Beta is less than 1 indicating that the Oil Country Tubular's price is less volatile than the market. |
Is Oil Country Tubular A Good Buy For Long Term?
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To predict the Oil Country Tubular'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
Oil Country Tubular Share Price Target For 2024
The line chart displays the monthly closing prices of Oil Country Tubular 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 Oil Country Tubular shares in 2024, see the table below.
Oil Country Tubular Share Price Target Table For 2024
Oil Country Tubular's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 60.49 (+4.23%) | Custom Fibonacci Extension Lvl 50% |
2024 Target 2 | 59.75 (+2.96%) | Price Action: Apr 2017 High |
2024 Target 1 | 59.10 (+1.84%) | Price Action: Apr 2008 Low |
Current Price | 58.03 | Oil Country Tubular's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 58.05 (+0.03%) | Price Action: Aug 2008 Low |
Stop Loss 2 | 57.03 (-1.73%) | Fibonacci Retracement Level 38.2% |
Stop Loss 3 | 56.45 (-2.73%) | Price Action: 08 Nov 2024 High |
Summary: Oil Country Tubular Share Price Prediction For 2024
In summary, Oil Country Tubular has surged by ₹28.08, achieving a notable +93.76% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Oil Country Tubular for 2024 predicts an additional rise of 1.84% to 4.23% by the end of 2024 with three potential targets T1: 59.10, T2: 59.75, T3: 60.49. Stop Loss at SL1: 58.05, SL2: 57.03, SL3: 56.45.
Oil Country Tubular has a 52-week high of ₹62.23, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹20.14, 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 Oil Country Tubular.
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Oil Country Tubular Share Price Target For 2025
The line chart displays the monthly closing prices of Oil Country Tubular 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 Oil Country Tubular shares in 2025, see the table below.
Oil Country Tubular Share Price Target Table For 2025
Oil Country Tubular's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 86.98 (+49.88%) | Fibonacci Extension Level 171.8% |
2025 Target 2 | 84.86 (+46.23%) | Price Action: Chart |
2025 Target 1 | 84.02 (+44.78%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 58.03 | Oil Country Tubular's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 52.50 (-9.53%) | Price Action: 18 Oct 2024 High |
Stop Loss 2 | 51.94 (-10.5%) | Price Action: 17 Oct 2024 Low |
Stop Loss 3 | 51.15 (-11.86%) | Price Action: Apr 2012 Low |
Summary: Oil Country Tubular Share Price Prediction For 2025
In summary, Oil Country Tubular has surged by ₹28.08, achieving a notable +93.76% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Oil Country Tubular for 2025 predicts an additional rise of 44.78% to 49.88% by the end of 2025 with three potential targets T1: 84.02, T2: 84.86, T3: 86.98. Stop Loss at SL1: 52.50, SL2: 51.94, SL3: 51.15.
Oil Country Tubular has a All-Time high of ₹144.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹20.14, 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 Oil Country Tubular, we have created a specific page for that check here: Oil Country Tubular Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Oil Country Tubular Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Oil Country Tubular share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 16.55% over the next 15 years.
For complete year by year Oil Country Tubular long term share price target from 2024, 2025 to 2039 check the below table.
Oil Country Tubular Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Oil Country Tubular Target | YoY Change % |
---|---|---|
2024 | ₹58.03 | [Current Price] |
2024 | ₹62.47 | 7.65% |
2025 | ₹95.92 | 53.54% |
2026 | ₹132.91 | 38.56% |
2027 | ₹175.21 | 31.82% |
2028 | ₹258.81 | 47.71% |
2029 | ₹228.59 | -11.68% |
2030 | ₹262.42 | 14.79% |
2031 | ₹304.17 | 15.9% |
2032 | ₹354.72 | 16.61% |
2033 | ₹478.88 | 35% |
2034 | ₹394.72 | -17.58% |
2035 | ₹428.93 | 8.66% |
2036 | ₹475.44 | 10.84% |
2037 | ₹534.23 | 12.36% |
2038 | ₹698.94 | 30.83% |
2039 | ₹533.19 | -23.72% |
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Oil Country Tubular Past Performance
- In 2002, Oil Country Tubular opening price was ₹14
- As of Thu 21 Nov 2024 the price stands at ₹58.03.
- This represents a Compound Annual Growth Rate (CAGR) of 6.38%.
- In 22 years, an investment of 10,000 would have become ₹41,450.
As we wrap up, we hope you like our study on Oil Country Tubular 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.
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.