ONGC Share Price Target : Are you thinking of investing in ONGC shares? Want to know its future price target? In this guide, we will discuss ONGC share price target for the year 2024, 2025, 2026, 2030. Along with this, we will do a complete fundamental analysis to help you make the right decision.
We conduct our domestic exploration and production activities through our independent operations as well as in consortia with other oil and gas companies, including Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, GAIL (India) Limited, Gujarat State Petroleum Corporation Limited, Oil India Limited, Cairn Energy, BP, and Petrocon India Limited.
Our domestic production (excluding production from fields operated through joint ventures) represented 73.64% and 48.64% of India‘s total production of crude oil and natural gas, respectively, for Fiscal 2010.
Our international exploration and production activities are carried out by OVL and its subsidiaries through independent operations, as well as through projects we undertake in consortia with other oil and gas companies, including Indian Oil Corporation Limited, Oil India Limited, ExxonMobil, British Petroleum, China National Petroleum Company, Petronas, Petrobras Brasileiro S.A., Shell, Ecopetrol Oleo e Gas do Brazil Limitada, Repsol-YPF Cuba S.A., Sinopec International Petroleum Exploration and Production Corporation and Statoil
Oil and Gas AS.
As of the date of this Red Herring Prospectus, we held participating interests in 31 projects. across 14 countries, including in Russia, Sudan, South Sudan, Vietnam, Brazil, Syria, Venezuela, Cuba, Myanmar and Colombia, comprising nine producing projects, 18 exploration blocks and four development blocks. In addition, we constructed a pipeline in Sudan covering a distance of 741 km for a Sudanese Government entity.
| Fundamentals | ONGC |
|---|---|
| Market Cap | ₹3,73,194 Cr |
| 52 Week High | 345.00 |
| 52 Week Low | 179.90 |
| NSE Symbol | ONGC |
| ROE | 14.60% |
| P/E Ratio | 8.39 |
| EPS | 35.37 |
| P/B Ratio | 1.11 |
| Dividend Yield | 4.13% |
| Industry P/E | 8.74 |
| Book Value | 267.94 |
| Debt to Equity | 0.45 |
| Stock Face Value | 5 |
ONGC Shareholding Pattern
| Promoters | 58.89% |
|---|---|
| Retail & Others | 13.79% |
| DII | 11.44% |
| FII | 8.57% |
| Mutual Funds | 7.31% |
The ONGC Financial Reports
| Sector | Year (2023) |
|---|---|
| Revenue | 38,189 Cr. |
| Expense | 25,578 Cr. |
| Profit Before Tax | 12,610 Cr. |
| Net Profit | 9,869 Cr. |
ONGC Share Price Target 2024
The share price of ONGC may Ups & Down. According to our analysis levels, the minimum price of ONGC share in 2024 can be ₹310 and the maximum price can be ₹355.
| Month Wise (Year 2024) | Target Price |
|---|---|
| October | ₹310 |
| November | ₹335 |
| December | ₹355 |
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ONGC Share Price Target 2025
The share price of ONGC may Ups & Down. According to our analysis levels, the minimum price of ONGC share in 2025 can be ₹370 and the maximum price can be ₹430.
| Month Wise (Year 2025) | Target Price |
|---|---|
| January | ₹370 |
| February | ₹375 |
| March | ₹385 |
| April | ₹392 |
| May | ₹405 |
| June | ₹400 |
| July | ₹420 |
| August | ₹415 |
| September | ₹418 |
| October | ₹425 |
| November | ₹419 |
| December | ₹430 |
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ONGC Share Price Target 2026
The share price of ONGC may Ups & Down. According to our analysis levels, the minimum price of ONGC share in 2026 can be ₹440 and the maximum price can be ₹500.
| Month Wise (Year 2026) | Target Price |
|---|---|
| January | ₹440 |
| December | ₹500 |
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ONGC Share Price Target 2030
The share price of ONGC may Ups & Down. According to our analysis levels, the minimum price of ONGC share in 2030 can be ₹700 and the maximum price can be ₹800.
| Month Wise (Year 2030) | Target Price |
|---|---|
| January | ₹700 |
| December | ₹800 |
Also Read: Hindalco Share Price Target 2024, 2025, 2026, 2030, 2040 to 2050
ONGC Share Price Target 2040
The share price of ONGC may Ups & Down. According to our analysis levels, the minimum price of ONGC share in 2040 can be ₹1,100 and the maximum price can be ₹1,350.
| Month Wise (Year 2040) | Target Price |
|---|---|
| January | ₹1100 |
| December | ₹1350 |
Also Read: Taneja Aerospace Share Price Target 2024, 2025, 2026 to 2030
ONGC Share Price Target 2050
The share price of ONGC may Ups & Down. According to our analysis levels, the minimum price of ONGC share in 2050 can be ₹1,650 and the maximum price can be ₹2,000.
| Month Wise (Year 2050) | Target Price |
|---|---|
| January | ₹1650 |
| December | ₹2000 |
Also Read: LIC Housing Finance Share Price Target 2024, 2025, 2030 to 2050
Competitive strengths
- Largest crude oil and natural gas reserves, exploration area and production capability among Indian oil and gas companies engaged in exploration and production.
- Increasing international reserves and production.
- Technological capabilities in sustaining production from mature fields.
- Presence across the hydrocarbon value chain.
- Crude oil and natural gas exploration experience and capabilities.
How To Buy ONGC Share?
To buy ONGC shares, you can easily buy shares of ONGC by using the trading platform of many stock brokers.
The names of most trading platforms for buying ONGC shares are given below.
- Groww App
- Phonepe. Share Market App
- Angel One App
- Dhan App
- Upstox App
- Zerodha App
Disclaimer :- The above article is for informational purposes only, and should not be construed as any investment advice. Money Mint idea suggests its readers/viewers to consult their financial advisors before making any money-related decisions.
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