01 Nov 2026, 16:12 IST
IOCL
Motilal Oswal · Neutral · target INR135
The report states that IOCL's 2QFY27 EBITDA of INR303b and PAT of INR216b beat estimates due to better-than-estimated marketing performance, but cuts FY27 EBITDA estimate to INR412b from INR576b on expected marketing margin pressure ahead of state elections, and reiterates a Neutral rating with a target price of INR135 based on 4.5x Dec'27 EBITDA plus investment value.
From IOCL MOFSL RU PG012, written by Motilal Oswal and hosted by Investment Guru India. Orivam summarised it; the view is Motilal Oswal's, not Orivam's.
Open the original PDF on Investment Guru India →Research PDFs are often removed by the firms that publish them. The summary above is kept so this page still means something if that happens.