Bharat Petroleum Share Price Target 2024-2050: Long-term Forecast & Analysis

Bharat Petroleum is an Indian public sector undertaking. It was ranked 309th on the Fortune list of the world’s biggest PSUs in 2020 and 1052nd on Forbes’s “Global 2000” list in 2023. The company is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

This detailed post will explore Bharat Petroleum’s share price targets from 2024 to 2050. We will use various technical analysis approaches to provide long-term forecasts and predict targets up to 2050.

Overview of Bharat Petroleum Limited

Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector undertaking (PSU) owned by the Government of India. It is the second-largest state-owned downstream oil producer, with its operations overseen by the Ministry of Petroleum and Natural Gas.

Company Name	Bharat Petroleum Limited
Industry	Energy: Oil and gas
Founded	1976
Country	India
Official Website	www.bharatpetroleum.in

Bharat Petroleum Share Price Targets: 2024 to 2040 Snapshot

Projected Bharat Petroleum share price targets are estimated to reach ₹346 in 2024, ₹361 in 2025, ₹369 in 2026, ₹378 in 2027, ₹380 in 2028, ₹403 in 2029, ₹483 in 2030, ₹1,729 in 2040, and ₹6,672 by 2050.

Year	Minimum Price	Maximum Price
2024	₹ 335	₹ 346
2025	₹ 331	₹ 361
2026	₹ 340	₹ 369
2027	₹ 348	₹ 378
2028	₹ 357	₹ 380
2029	₹ 366	₹ 403
2030	₹ 384	₹ 483
2040	₹ 1,298	₹ 1,729
2050	₹ 4,516	₹ 6,672

• 2024: The share price of Bharat Petroleum Corporation is projected to range between ₹335 and ₹346, indicating a modest increase and relative stability in the short term.
• 2025: The forecast for 2025 shows a slight increase, with the share price expected to range from ₹331 to ₹361. This suggests a steady but moderate growth trajectory.
• 2026: In 2026, the share price is anticipated to range between ₹340 and ₹369, reflecting continued growth and investor confidence in the company’s performance.
• 2027: The projections for 2027 indicate a further increase, with the share price expected to range from ₹348 to ₹378, highlighting ongoing positive momentum.
• 2028: By 2028, the share price is forecasted to range between ₹357 and ₹380, showing consistent and stable growth over the years.
• 2029: The share price in 2029 is expected to range from ₹366 to ₹403, marking a significant growth spurt and indicating a strong performance outlook.
• 2030: The projections for 2030 suggest a substantial increase, with the share price ranging between ₹384 and ₹483. This reflects a notable positive trend and potential for higher returns.
• 2040: Long-term forecasts for 2040 show a dramatic rise, with the share price projected to range from ₹1,298 to ₹1,729, indicating strong growth potential over the next two decades.
• 2050: By 2050, the share price is expected to reach between ₹4,516 and ₹6,672, suggesting a significant increase and substantial long-term growth potential for investors.

These projections highlight Bharat Petroleum Corporation’s potential for steady growth in the coming years, with particularly strong long-term prospects.

Bharat Petroleum Share Price Target 2024

If we look at the monthly forecast share price of Bharat Petroleum Limited, the bullish sentiment is likely to continue. According to technical data, by the end of this year, the share price for Bharat Petroleum is expected to reach a maximum of ₹346.

Months	Minimum Price	Maximum Price
September 2024	₹ 337	₹ 344
October 2024	₹ 335	₹ 342
November 2024	₹ 341	₹ 346
December 2024	₹ 342	₹ 346

• The initial price target for Bharat Petroleum Limited in 2024 is estimated to be ₹344.
• However, by the end of 2024, the price target is expected to rise, potentially reaching ₹346 due to bullish market trends.

Bharat Petroleum Share Price Target 2025

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹350, with a maximum potential value of ₹361 per share.

Months	Minimum Price	Maximum Price
January 2025	₹ 342	₹ 350
February 2025	₹ 350	₹ 354
March 2025	₹ 339	₹ 352
April 2025	₹ 341	₹ 355
May 2025	₹ 348	₹ 358
June 2025	₹ 333	₹ 361
July 2025	₹ 331	₹ 348
August 2025	₹ 346	₹ 349
September 2025	₹ 346	₹ 352
October 2025	₹ 343	₹ 350
November 2025	₹ 350	₹ 354
December 2025	₹ 351	₹ 354

• The initial price target for Bharat Petroleum Ltd. in 2025 is projected to be ₹350.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹361.
• However, by the end of 2025, the price target is expected to decline, potentially reaching ₹354 due to bearish market trends.

Bharat Petroleum Share Price Target 2026

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹358, with a maximum potential value of ₹369 per share.

Months	Minimum Price	Maximum Price
January 2026	₹ 350	₹ 358
February 2026	₹ 359	₹ 362
March 2026	₹ 348	₹ 360
April 2026	₹ 349	₹ 364
May 2026	₹ 356	₹ 366
June 2026	₹ 343	₹ 369
July 2026	₹ 340	₹ 356
August 2026	₹ 354	₹ 358
September 2026	₹ 355	₹ 361
October 2026	₹ 352	₹ 358
November 2026	₹ 358	₹ 363
December 2026	₹ 360	₹ 363

• The initial price target for Bharat Petroleum Ltd. in 2026 is projected to be ₹358.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹369.
• However, by the end of 2026, the price target is expected to decline, potentially reaching ₹363 due to bearish market trends.

Bharat Petroleum Share Price Target 2027

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹366, with a maximum potential value of ₹378 per share.

Months	Minimum Price	Maximum Price
January 2027	₹ 359	₹ 366
February 2027	₹ 367	₹ 371
March 2027	₹ 356	₹ 369
April 2027	₹ 357	₹ 373
May 2027	₹ 365	₹ 375
June 2027	₹ 352	₹ 378
July 2027	₹ 348	₹ 365
August 2027	₹ 363	₹ 367
September 2027	₹ 364	₹ 369
October 2027	₹ 360	₹ 366
November 2027	₹ 366	₹ 371
December 2027	₹ 369	₹ 372

• The initial price target for Bharat Petroleum Ltd. in 2027 is projected to be ₹366.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹378.
• However, by the end of 2027, the price target is expected to decline, potentially reaching ₹372 due to bearish market trends.

Bharat Petroleum Share Price Target 2028

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹375, with a maximum potential value of ₹380 per share.

Months	Minimum Price	Maximum Price
January 2028	₹ 368	₹ 375
February 2028	₹ 376	₹ 379
March 2028	₹ 365	₹ 377
April 2028	₹ 366	₹ 381
May 2028	₹ 373	₹ 385
June 2028	₹ 359	₹ 387
July 2028	₹ 357	₹ 373
August 2028	₹ 371	₹ 375
September 2028	₹ 372	₹ 378
October 2028	₹ 369	₹ 377
November 2028	₹ 376	₹ 380
December 2028	₹ 377	₹ 380

• The initial price target for Bharat Petroleum Ltd. in 2028 is projected to be ₹375.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹387.
• By the end of 2028, the price target for Bharat Petroleum Ltd. is expected to reach ₹380, considering bullish market trends.

Bharat Petroleum Share Price Target 2029

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹385, with a maximum potential value of ₹403 per share.

Months	Minimum Price	Maximum Price
January 2029	₹ 376	₹ 385
February 2029	₹ 385	₹ 388
March 2029	₹ 374	₹ 386
April 2029	₹ 374	₹ 390
May 2029	₹ 382	₹ 394
June 2029	₹ 369	₹ 396
July 2029	₹ 366	₹ 380
August 2029	₹ 366	₹ 399
September 2029	₹ 367	₹ 399
October 2029	₹ 367	₹ 394
November 2029	₹ 367	₹ 400
December 2029	₹ 367	₹ 403

• The initial price target for Bharat Petroleum Ltd. in 2029 is projected to be ₹385.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹396.
• By the end of 2029, the price target for Bharat Petroleum Ltd. is expected to reach ₹403, considering bullish market trends.

Bharat Petroleum Share Price Target 2030

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹428, with a maximum potential value of ₹483 per share.

Months	Minimum Price	Maximum Price
January 2030	₹ 384	₹ 428
February 2030	₹ 402	₹ 433
March 2030	₹ 407	₹ 438
April 2030	₹ 413	₹ 446
May 2030	₹ 420	₹ 447
June 2030	₹ 421	₹ 451
July 2030	₹ 422	₹ 459
August 2030	₹ 432	₹ 465
September 2030	₹ 436	₹ 467
October 2030	₹ 435	₹ 468
November 2030	₹ 440	₹ 475
December 2030	₹ 447	₹ 483

• The initial price target for Bharat Petroleum Ltd. in 2030 is projected to be ₹428.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹451.
• By the end of 2030, the price target for Bharat Petroleum Ltd. is expected to reach ₹483, considering potential bullish market trends.

Bharat Petroleum Share Price Target 2040

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹1,590, with a maximum potential value of ₹1,729 per share.

Months	Minimum Price	Maximum Price
January 2040	₹ 1,298	₹ 1,510
February 2040	₹ 1,304	₹ 1,519
March 2040	₹ 1,313	₹ 1,531
April 2040	₹ 1,323	₹ 1,544
May 2040	₹ 1,334	₹ 1,558
June 2040	₹ 1,348	₹ 1,576
July 2040	₹ 1,365	₹ 1,597
August 2040	₹ 1,381	₹ 1,617
September 2040	₹ 1,399	₹ 1,639
October 2040	₹ 1,419	₹ 1,663
November 2040	₹ 1,443	₹ 1,693
December 2040	₹ 1,470	₹ 1,729

• The initial price target for Bharat Petroleum Ltd. in 2040 is projected to be ₹1,510.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹1,576.
• By the end of 2040, the price target for Bharat Petroleum Ltd. is expected to reach ₹1,729, considering bullish market trends.

Bharat Petroleum Share Price Target 2050

Based on technical data, the minimum target share price for Bharat Petroleum is anticipated to be ₹5,829, with a maximum potential value of ₹6.672 per share.

Months	Minimum Price	Maximum Price
January 2050	₹ 4,516	₹ 5,829
February 2050	₹ 4,539	₹ 5,864
March 2050	₹ 4,570	₹ 5,911
April 2050	₹ 4,605	₹ 5,959
May 2050	₹ 4,644	₹ 6,012
June 2050	₹ 4,690	₹ 6,084
July 2050	₹ 4,749	₹ 6,164
August 2050	₹ 4,806	₹ 6,241
September 2050	₹ 4,868	₹ 6,325
October 2050	₹ 4,936	₹ 6,420
November 2050	₹ 5,020	₹ 6,535
December 2050	₹ 5,116	₹ 6,672

• The initial price target for Bharat Petroleum Ltd. in 2050 is projected to be ₹5,829.
• With favorable market conditions, the mid-year price target for Bharat Petroleum Ltd. could reach ₹6,084.
• By the end of 2050, the price target for Bharat Petroleum Ltd. is expected to reach ₹6,672, considering bullish market trends.

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Recommendations: Invest in Bharat Petroleum Limited stock or sell it?

Investing in a company with strong financial performance, good cash flow, steady growth, and a solid industry reputation is generally wise. However, Bharat Petroleum, despite being a well-known brand in the energy sector, does not appear strong for long-term investment at this time.

The company has been experiencing negative growth in its share value, and our forecasts indicate this trend is likely to continue. Therefore, investing in Bharat Petroleum shares may not be the best decision for long-term investment. It would be more prudent to consider other stocks with better growth prospects.

Regardless of these recommendations, always conduct your own research and analysis. Trading and investing involve significant risk, so consulting a financial expert before making decisions is highly advisable.

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