Oil & Natural Gas Corporation Ltd (ONGC) is a publicly traded company with over a decade of history. While demand for its shares is moderate, there has been an uptick in share prices over the past 12 months. However, recent days have seen a decline in share prices.
ONGC Share Price Insights:
- ONGC shares are currently trading at INR 262.15, subject to fluctuations. This reflects a 5.71% decrease from the previous closing price.
- Over the past year, ONGC Share Price target have increased by 24.53%, but there has been a recent 10.01% decline over the past five days.
- Current market conditions indicate that ONGC shares are undervalued by 35%.
- Future earnings and savings rates are forecasted to rise by 7% and 6%, respectively.
- ONGC typically pays dividends ranging from 30% to 45% of its annual profits, with a net profit of approximately INR 388 billion in the last financial year.
- ONGC's share price is projected to reach around INR 336.04 by 2025 and INR 409.36 by 2030.
- Target prices set by the company for the next few years include INR 268.68 for 2024, INR 338.01 for 2025, and so forth.
Financial Overview:
- Market capitalization stands at 346209 crores, with total assets at 367037.9 crores.
- EPS is 30.86, with ROE at 15.05% and ROCE at 19.12%.
- Debt to equity ratio is minimal at 0.03%.
- Shareholding pattern includes promoters at 58.89%, retail and others at 13.64%, and various institutions and foreign entities.
Competitors:
- Competitors include Oil India, Bharat Petroleum, HPCL, Reliance Industries Ltd, and Gujarat Natural Resources Ltd.
Points for Consideration:
- Investors should carefully assess risks and consider the company's financial performance and trends before investing.
- Past trends, financial statements, ratios, and tax implications should be thoroughly examined.
- Investments should be made within one's means, without resorting to loans.
- Tax implications should be monitored as they may vary annually.
Conclusion: ONGC Share Price in 2025 operates in the oil and gas sector and is also listed on stock exchanges. While demand for its shares is moderate, recent fluctuations indicate potential undervaluation. However, the company remains profitable, consistently paying dividends to shareholders. Investors should conduct thorough due diligence before investing.
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