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Raj Oil Mills Stock Prediction 2026: Analyst Target, Forecast and Key Levels

  • June 22, 2026
  • Posted by: Kunal Singla
  • Category: News
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Raj Oil Mills Stock Prediction 2026

NSE: ROML | CMP Rs 46.97. 52W High Rs 63.89. 52W Low Rs 35.11. Base target Rs 54.0. Bull case Rs 60.1.

The Raj Oil Mills stock prediction for 2026 points to a base case target of Rs 54.0, with a bull case of Rs 60.1 and a bear case of Rs 43.2 based on current fundamentals and sector outlook. Raj Oil Mills is currently down 26.5% from its 52-week high of Rs 63.89 on the NSE, and analysts are closely tracking its trajectory against the Nifty 50 and Sensex.

This article covers the Raj Oil Mills stock prediction in detail, including short-term, 12-month, and long-term views, key business drivers, risk factors, and the bull-bear scenario framework that Ankit Jaiswal and Kunal Singla use to evaluate the stock’s risk-reward.

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Table of Contents

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  • Analyst Target Summary for Raj Oil Mills Stock Prediction 2026
  • Raj Oil Mills Company Overview
  • Raj Oil Mills Stock Prediction Across Time Horizons
    • Short-Term Raj Oil Mills Stock Prediction for 3 to 6 Months
    • 12-Month Raj Oil Mills Stock Prediction for 2026
    • Long-Term Raj Oil Mills Stock Prediction for FY27 to FY28
  • Key Factors Driving the Raj Oil Mills Stock Prediction 2026
    • Refining Margins and GRM Recovery
    • Marketing Margin Stability on Petrol and Diesel
    • Exploration and Production Growth
    • Renewable Energy Transition
  • Bull Case and Bear Case for Raj Oil Mills Stock Prediction 2026
  • Reading the Raj Oil Mills Stock Prediction from Analyst Perspective
  • Key Risks to the Raj Oil Mills Stock Prediction 2026
    • Crude Oil Price Volatility
    • Under-Recovery Risk on LPG and Kerosene
    • Regulatory Intervention in Fuel Pricing
    • Carbon Transition and Stranded Asset Risk
  • How to Monitor the Raj Oil Mills Stock Prediction
  • Conclusion
  • Frequently Asked Questions on Raj Oil Mills Stock Prediction 2026
    • What is the Raj Oil Mills stock prediction for 2026?
    • What is the 12-month Raj Oil Mills stock forecast?
    • What is the Raj Oil Mills share price target for FY27 and FY28?
    • What are the key risks to the Raj Oil Mills stock prediction?
    • Is Raj Oil Mills a good stock to buy in 2026?
    • What is the Raj Oil Mills 52-week high and low?
    • How do I track the Raj Oil Mills stock prediction?

Analyst Target Summary for Raj Oil Mills Stock Prediction 2026

Parameter Details
NSE Symbol ROML
Company Raj Oil Mills
Sector Energy
CMP (Rs) 46.97
52-Week High (Rs) 63.89
52-Week Low (Rs) 35.11
Market Cap N/A
P/E Ratio N/A
Base Target 12M (Rs) 54.0
Bull Case (Rs) 60.1
Bear Case (Rs) 43.2

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Raj Oil Mills Company Overview

Raj Oil Mills (NSE: ROML) is a energy-sector company listed on the National Stock Exchange of India. The company operates in the energy space and has established a presence in its respective market through its products and services. Understanding the business model is essential before analysing the Raj Oil Mills stock prediction.

The stock is tracked by retail and institutional investors who monitor the Nifty Energy for sector-level cues. With a current market price of Rs 46.97 and a 52-week range of Rs 35.11 to Rs 63.89, Raj Oil Mills presents a case study in energy sector dynamics and valuation.

Raj Oil Mills Stock Prediction Across Time Horizons

Short-Term Raj Oil Mills Stock Prediction for 3 to 6 Months

In the short term, near-term earnings delivery and broader market sentiment. Ankit Jaiswal notes that Rs 49.8 is a realistic near-term target if earnings momentum holds and FII flows remain supportive of the broader Nifty 50 trajectory.

12-Month Raj Oil Mills Stock Prediction for 2026

The 12-month Raj Oil Mills stock prediction stands at Rs 54.0 as the base case, representing roughly 15% upside from the current market price. This target is contingent on sustained earnings growth, margin improvement, and a stable macro backdrop through 2026.

Long-Term Raj Oil Mills Stock Prediction for FY27 to FY28

Kunal Singla observes that if the company executes on its strategic roadmap, the long-term share price target points toward Rs 65.8 by FY28, assuming compounding earnings growth and a potential sector multiple re-rating.

Key Factors Driving the Raj Oil Mills Stock Prediction 2026

Refining Margins and GRM Recovery

Gross refining margins (GRMs) are the primary profitability lever for downstream oil companies. A recovery in Singapore complex GRMs from recent lows supports earnings. Ankit Jaiswal watches this factor closely when forming the 2026 share price view.

Marketing Margin Stability on Petrol and Diesel

Government-administered pricing and periodic retail price revisions determine marketing margins. Stable marketing margins reduce earnings volatility for downstream OMCs. Kunal Singla watches this factor closely when forming the 2026 share price view.

Exploration and Production Growth

New block acquisitions and enhanced oil recovery from mature fields add to reserve accretion, supporting long-term production visibility and asset valuation. Ankit Jaiswal watches this factor closely when forming the 2026 share price view.

Renewable Energy Transition

Diversification into solar, wind, and green hydrogen positions energy companies for the transition away from fossil fuels and reduces regulatory and stranded asset risk. Kunal Singla watches this factor closely when forming the 2026 share price view.

Bull Case and Bear Case for Raj Oil Mills Stock Prediction 2026

Scenario Target (Rs) Key Condition
Bull Case 60.1 Strong earnings beat, sector tailwinds, FII inflows
Base Case 54.0 In-line earnings, stable macro, 15% upside
Bear Case 43.2 Earnings miss, sector headwinds, risk-off markets

These scenarios are illustrative and based on broad analyst estimates. They are not a guaranteed return forecast from Univest.

Reading the Raj Oil Mills Stock Prediction from Analyst Perspective

Ankit Jaiswal notes that the Raj Oil Mills stock prediction hinges on the company’s ability to maintain earnings growth while managing sector-specific headwinds. The current valuation, with the stock at Rs 46.97, offers a reasonable entry point for investors with a 12 to 24 month horizon.

Kunal Singla observes that investors should track quarterly earnings delivery, management commentary on the demand environment, and movement in the Nifty Energy before assigning high conviction to the share price forecast. Both analysts suggest that risk management is as important as upside in any stock view.

Key Risks to the Raj Oil Mills Stock Prediction 2026

Crude Oil Price Volatility

Sharp swings in global crude oil prices affect both input costs for refiners and inventory valuation gains or losses. Elevated crude prices also compress marketing margins. Investors should factor this risk into the 2026 outlook.

Under-Recovery Risk on LPG and Kerosene

Government-directed subsidisation of cooking gas and kerosene can require OMCs to absorb losses, impacting cash flows and dividend capacity. Investors should factor this risk into the 2026 outlook.

Regulatory Intervention in Fuel Pricing

Election cycles and inflation concerns can delay retail price revisions, forcing OMCs to sell below cost recovery and incurring marketing losses. Investors should factor this risk into the 2026 outlook.

Carbon Transition and Stranded Asset Risk

Long-term shift toward EVs and renewable energy could reduce demand for petroleum products, creating stranded asset risk for upstream and midstream assets. Investors should factor this risk into the 2026 outlook.

How to Monitor the Raj Oil Mills Stock Prediction

To stay updated on the Raj Oil Mills stock prediction and track real-time price movements and fundamentals, investors can use verified data platforms.

Use the Univest Screener to track Raj Oil Mills live price and updated target levels.

Key data points to monitor include quarterly results, promoter shareholding changes, FII and DII flow data, and movement in the Nifty 50 which sets the broad market tone for share prices broadly.

Conclusion

The Raj Oil Mills stock prediction for 2026 presents a base case of Rs 54.0, a bull case of Rs 60.1, and a bear case of Rs 43.2. These targets are derived from sector fundamentals, earnings trajectory, and macro tailwinds that Ankit Jaiswal and Kunal Singla track across the energy space.

Investors looking for the best share price target for 2026 should review quarterly earnings, study the bull and bear scenario table, and consult a SEBI-registered advisor before making investment decisions based on any stock prediction.

Download the Univest iOS App or Univest Android App to track Raj Oil Mills share price live and get daily stock recommendations.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on Raj Oil Mills Stock Prediction 2026

What is the Raj Oil Mills stock prediction for 2026?

Ans. The Raj Oil Mills stock prediction for 2026 is a base case of Rs 54.0, a bull case of Rs 60.1, and a bear case of Rs 43.2 based on sector fundamentals and earnings outlook.

What is the 12-month Raj Oil Mills stock forecast?

Ans. The 12-month Raj Oil Mills stock forecast is Rs 54.0, representing approximately 15% upside from the current market price. This Raj Oil Mills stock prediction assumes in-line earnings and stable macro conditions through 2026.

What is the Raj Oil Mills share price target for FY27 and FY28?

Ans. The long-term Raj Oil Mills stock prediction suggests Rs 65.8 by FY28, contingent on sustained earnings growth and a potential sector re-rating. This is a Raj Oil Mills stock forecast, not a guaranteed return.

What are the key risks to the Raj Oil Mills stock prediction?

Ans. Key risks to the Raj Oil Mills stock prediction include sector-specific headwinds, FII selling pressure, earnings misses relative to expectations, global macro uncertainty, and regulatory changes. Investors should factor these risks into their assessment of any Raj Oil Mills stock forecast.

Is Raj Oil Mills a good stock to buy in 2026?

Ans. Whether Raj Oil Mills is a good stock to buy depends on your investment horizon and risk tolerance. The Raj Oil Mills stock prediction of Rs 54.0 implies potential upside. Consult a SEBI-registered advisor before investing based on any Raj Oil Mills stock forecast.

What is the Raj Oil Mills 52-week high and low?

Ans. The Raj Oil Mills 52-week high is Rs 63.89 and the 52-week low is Rs 35.11. These levels serve as key reference points when evaluating the Raj Oil Mills stock prediction.

How do I track the Raj Oil Mills stock prediction?

Ans. You can track the Raj Oil Mills stock prediction on the Univest Screener at screeners.univest.in, which provides real-time price data, analyst targets, and fundamental metrics. Verify all price data with the official NSE website before acting on any Raj Oil Mills stock forecast.



Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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