Oil And Natural Gas Corporation Ltd.

NSE: ONGC | BSE: 500312 | ISIN: INE213A01029 | Industry: Exploration & Production
| Value Stock, Under Radar
230.3700 8.43 (3.80%)
NSE Apr 11, 2025 15:31 PM
Volume: 13.9M
 

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Oil And Natural Gas Corporation Ltd.
21 May 2024
230.37
3.80%
buy
by Motilal Oswal
Target: 340 | Target met
Motilal Oswal
ONGC’s reported EBITDA stood at INR174b (+7% YoY) in 4QFY24, 3% below
our estimate, mainly due to higher-than-expected other expenses. The sharp
rise in other expenses was due to one-off charges of INR9b for tax-related
matters.
 
Oil And Natural Gas Corporation Ltd. is trading below all available SMAs
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