|
20 Sep 2025 |
ONGC
|
Consensus Share Price Target
|
236.69 |
273.21 |
- |
15.43 |
buy
|
|
|
|
|
28 May 2023
|
ONGC
|
ICICI Securities Limited
|
236.69
|
218.00
|
163.75
(44.54%)
|
Target met |
Buy
|
|
|
ONGC reported a 2% YoY dip in its standalone EBITDA and 1% dip in recurring PAT for Q4FY23 (EBITDA / PAT was at Rs175bn / Rs88bn vs I-Sec estimate of Rs220bn / Rs121bn respectively), with consolidated EBITDA / PAT up 1% / down 9.6% YoY.
|
|
16 Feb 2023
|
ONGC
|
ICICI Direct
|
236.69
|
180.00
|
155.90
(51.82%)
|
Target met |
Buy
|
|
|
|
|
16 Feb 2023
|
ONGC
|
ICICI Securities Limited
|
236.69
|
187.00
|
147.50
(60.47%)
|
Target met |
Buy
|
|
|
ONGC has reported a strong 22% YoY improvement in standalone EBITDA and 26% YoY rise in PAT of Rs191.8bn (I-Sec estimate of EBITDA: Rs213bn and PAT of Rs122.4bn) in Q3FY23. Consolidated EBITDA and PAT of Rs222.5bn and Rs115bn were flat and grew 5% YoY, respectively.
|
|
15 Feb 2023
|
ONGC
|
Motilal Oswal
|
236.69
|
200.00
|
147.50
(60.47%)
|
Target met |
Buy
|
|
|
|
|
15 Feb 2023
|
ONGC
|
SMC online
|
236.69
|
|
147.50
(60.47%)
|
|
Results Update
|
|
|
|
|
15 Feb 2023
|
ONGC
|
Prabhudas Lilladhar
|
236.69
|
190.00
|
247.90
(-4.52%)
|
Target met |
Buy
|
|
|
|
|
30 Dec 2022
|
ONGC
|
Motilal Oswal
|
236.69
|
198.00
|
150.45
(57.32%)
|
Target met |
Buy
|
|
|
|
|
27 Dec 2022
|
ONGC
|
ICICI Securities Limited
|
236.69
|
195.00
|
141.30
(67.51%)
|
Target met |
Buy
|
|
|
Brent crude prices have moderated to US$81/bbl levels (last 1-month average) driven by continued global economic concerns and the resurgence of covid in China as they have loosened lockdown restrictions.
|
|
16 Nov 2022
|
ONGC
|
ICICI Direct
|
236.69
|
155.00
|
142.90
(65.63%)
|
Target met |
Hold
|
|
|
|
|
16 Nov 2022
|
ONGC
|
ICICI Securities Limited
|
236.69
|
195.00
|
142.35
(66.27%)
|
Target met |
Buy
|
|
|
ONGC reported a strong 31% YoY improvement in standalone revenue and 43% YoY rise in EBITDA for Q2FY23 of Rs186.1bn (I-Sec estimate of EBITDA: Rs171.5bn).
|