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OIL & NGL corporation Ltd is a company listed on the stock exchange with over a decade of history. There is low demand for the company's shares. However, the company's share price has risen in the past 12 months. Oil & NGL's share price has decreased in the past couple of days.
Oil and Natural Gas Corporation ltd Share Price Insights:-
ONGC Share Price Target is currently trading at INR 262.15; however, it is not a set price as it is constantly fluctuating. The market price of ONGC shares is currently 5.71% below the previous closing price.
In the past year, ONGC's share price has gone up by 24.53%, and in the last 5 days, the share price has gone down by 10.01%.
The share price target of ONGC is currently trading in the range of Rs. 252.85 to Rs. 270.10.
The current market conditions of ONGC's shares are not profitable, as they are undervalued by 35%
In the near term, earnings and savings are expected to go up by 7% to 6% respectively.
ONGC Ltd's dividend is estimated to be between 30% and 45% of the company's annual profit over a period of 10 years beginning March 2023. The company's net profit in the last financial year was around INR388 billion.
Analysts have provided ONGC Share Price prediction for the company's future. According to the 2025 forecast, the company's share price is estimated to be around Rs.336.04 INR, based on the company's past and present stock market performance. The 2030 forecast is for a share price of around Rs 409,36 INR.
Based on the forecast values, the company has set target prices that it aims to reach within one year. The company's share price target for 2024 is around Rs. 268, 2025 is around Rs. 338, 2026 is around Rs. 364, 2027 is around Rs. 392, 2028 is around Rs. 421, 2029 is around Rs.452,37, and 2030 is around Rs.484,62.
Months Target Prices
January267.28
February272.33
March267.65
April265.26
May268.02
June268.07
July317.45
August317.45
September317.42
October317.4
November317.41
December317.4
Months Target Prices
January338.01
February342.75
March338.06
April335.68
May335.68
June335.71
July335.69
August335.67
September335.65
October335.62
November335.59
December335.6
Months Target Prices
January364.6
February369.3
March364.58
April362.24
May362.21
June362.21
July362.2
August362.2
September362.2
October362.22
November362.24
December362.26
Months Target Prices
January392.51
February397.18
March392.46
April390.08
May390.03
June389.98
July389.96
August389.95
September389.96
October389.94
November389.91
December389.92
Months Target Prices
January421.71
February426.4
March421.72
April419.42
May419.41
June419.37
July419.38
August419.41
September419.38
October419.38
November419.34
December419.32
Months Target Prices
January452.37
February457.06
March452.04
April450.09
May450.12
June450.16
July450.18
August450.17
September450.14
October450.18
November450.19
December450.23
Months Target Prices
January484.62
February489.3
March484.59
April482.25
May482.27
June482.23
July482.21
August482.21
September482.24
October482.25
November482.22
December485.23
Oil and Natural Gas Corporation ltd Financials:-
Market Capitalization Value346209 crores
Total Share Capital6290.14 crores
Long Term borrowings3949.93 crores
Short Term Borrowings3268.95 crores
Long term Provisions37473.80 crores
Short term Provisions1932.66 crores
Total Investments84985.95 crores
Trade Receivables10250.31 crores
Trade Payables6255.60 crores
Total Assets367037.9 crores
Total Contingent liabilities76267.04 crores
Total revenue152400.2 crores
Total Expenses92509.57 crores
EPS30.86
ROE15.05 percent
ROCE19.12 percent
Return on Assets10.57 percent
Debt to Equity ratio0.03 percent
Dividend Payout ratio45.35 percent
Inventory turnover ratio0.48 percent
ONGC ltd Shareholding Pattern:-
ShareholdersShare Percentage
Promoters58.89 percent
Retail and Others13.64 percent
Other domestic institutions10.69 percent
Foreign Institutions9.20 percent
Mutual Funds7.58 percent
Oil and Natural Gas Corporation ltd Competitors:-
Oil India
Bharat Petroleum
HPCL
Reliance Industries ltd
Gujarat Natural resources ltd
Points to be considered before investing in Oil and Natural Gas Corporation ltd:-
Before and after investing your money, consider the following risks:
Review the Funds of the company you want to invest in
Review the return of the fund offered by the company
Review the availability, category and types of the fund
Review the company's past trends
Review the financial statements, financial ratios, expense ratios, statements of profit and loss
Do not take any loans from any institutions for the investment purposes
Invest as per your ability
Review the tax consequences of the stocks and monitor their trend as it varies every financial year
Conclusion:-
ONGC Ltd is a company operating in the oil and gas business but also listed on the stock exchanges to generate additional revenue and gain recognition of the company. ONGC Ltd's shares have been quoted on the stock exchanges for over a decade but demand for ONGC Ltd shares is not very high, it is quite reasonable according to the company's requirement. The company's stock is increasing daily, it has also increased in the last year, but lately in the last 5-10 days, the share price has decreased. However, ONGC Ltd's stock is undervalued due to its demand. However, on the other hand, the company is performing well in the core business and generating enough profit to be considered a profitable company and paying timely dividends to its shareholders.
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