ONGC (ONGC)
₹207.65
+9.65
(+4.87%)
Previous Close
₹198.00
Day Range
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52 Week Range
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Market Cap
₹261,000 Cr
Volume
18,500,000
Avg. Volume
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P/E Ratio
—
Dividend Yield
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Why the stock moved
Brent prices rallied and ONGC reported best realization in 10 quarters with higher gas output.
In-depth analysis
KG basin fields ramped faster than guided and crude production rose 5% QoQ, supporting earnings beat.
Outlook
Management expects 4-5% production CAGR with planned brownfield development and new deepwater blocks.
Risk factors
Government controls on domestic fuel prices and windfall taxes can crimp profitability.