The Current State Of ONGC’s Stock

The current state of ONGC’s stock is a travesty. The company is hemorrhaging money, and its share price reflects that. Something needs to be done, and fast.

What is the current stock price of ONGC

ONGC is one of the most popular stocks in India. As of today, the current stock price of ONGC is Rs. 153.80.

ONGC is a Maharatna public sector undertaking (PSU) under the Ministry of Petroleum and Natural Gas. It is engaged in the business of exploration, development, and production of crude oil and natural gas.

The company has a strong presence in all the major sedimentary basins in India and is the largest producer of crude oil and natural gas in the country. As of March 2020, it had a market capitalization of Rs. 1,74,717 crore (US$24 billion).

What is the 52 week high and low of ONGC stock

What is the 52 week high and low of ONGC stock
The 52 week high and low of a stock is the highest and lowest price that the stock has traded at in the last 52 weeks. This information can be useful to investors when making decisions about whether to buy or sell a particular stock.

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How has ONGC’s stock performed over the last year

ONGC’s stock has been on a roller coaster ride over the last year. The oil and gas company’s shares hit a 52-week high of Rs 345 in January 2018, only to plunge to a 52-week low of Rs 159 in October 2018. However, the stock has recovered somewhat since then and is currently trading at around Rs 206.

In the last year, ONGC has faced several challenges, including declining crude oil production, mounting debt, and a string of corruption allegations. Despite these challenges, the company’s shares have still managed to deliver positive returns for investors.

Over the last 12 months, ONGC has posted a total return of 13.4%. This includes a price gain of 9.4% and dividends of 4%. While this return is lower than the Sensex’s return of 15%, it is still relatively strong given the challenges that the company has faced.

Looking ahead, ONGC’s stock performance is likely to be dictated by crude oil prices and the company’s ability to turnaround its declining production. If crude oil prices remain strong and ONGC can arrest its production decline, then the stock could deliver strong returns in the coming year.

What analysts are saying about ONGC’s stock price

ONGC’s stock prices have been on a steady decline since the past few months. However, analysts believe that the stock is currently undervalued and is a good buy at its current price. They believe that the company’s strong fundamentals and long-term growth potential make it a good investment option.

Where can I find historical data on ONGC’s stock price

You can find historical data on a company’s stock price by looking at the company’s financial reports. The reports will show the stock price for each day of the reporting period. You can also find this information on the company’s website or through a financial database.

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What factors are affecting ONGC’s stock price

What factors are affecting ONGC's stock price
ONGC’s stock price is affected by a number of factors, including global oil prices, production levels, and political stability in India.

Global oil prices are the main driver of ONGC’s stock price. When oil prices are high, ONGC’s stock price typically follows suit. However, when oil prices drop, ONGC’s stock price usually falls as well. This is because ONGC is a state-owned company and its profits are heavily dependent on global oil prices.

ONGC’s production levels also have an impact on its stock price. When ONGC is able to increase its production levels, it usually leads to a corresponding increase in its stock price. However, if ONGC’s production levels fall, then its stock price usually declines as well.

Finally, political stability in India is another important factor that affects ONGC’s stock price. If there is political instability in India, it can lead to a decrease in foreign investment and a corresponding decline in ONGC’s stock price. However, if the political situation in India stabilizes, it usually results in an increase in foreign investment and a corresponding rise in ONGC’s stock price.

Is now a good time to buy ONGC stock

The current market conditions are favorable for buying stocks and shares. The stock prices of most companies have gone down due to the pandemic, which provides a good opportunity to buy stocks at a lower price. The economy is slowly recovering from the pandemic, which is good news for investors. The oil and gas sector is expected to do well in the coming months as the demand for energy increases. The stock of ONGC, a leading oil and gas company in India, is currently trading at a lower price than its 52-week high. This makes it a good time to buy ONGC stock.

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What is the dividend yield of ONGC stock

The dividend yield of ONGC stock is the percentage of the current market price that is paid out as dividends to shareholders. For example, if a company has a dividend yield of 5%, and the current market price of the stock is $100, then the company will pay out $5 in dividends per share to shareholders.

The dividend yield of a stock is an important metric for investors to consider when making investment decisions. A high dividend yield indicates that a company is paying out a large portion of its earnings to shareholders, which can be an indication of a strong financial position. Conversely, a low dividend yield may indicate that a company is retaining a larger portion of its earnings, which could be used for reinvestment or other purposes.

ONGC’s dividend yield has fluctuated over the years, but has generally been in the range of 2-5%.

Should I sell or hold my ONGC stock

This is a difficult question to answer, as it depends on a number of factors. Some investors may choose to sell their ONGC stock if the company’s share price falls below a certain level, or if the company’s financial prospects appear to be deteriorating. Others may choose to hold onto their stock, betting that the company will eventually rebound. Ultimately, it is up to each individual investor to decide whether to sell or hold their ONGC stock.

What is the target price for ONGC stock

The target price for the stock of Oil and Natural Gas Corporation Ltd. (ONGC) is Rs. 174.20, according to analysts at Prabhudas Lilladher. This is 11.4% higher than the current market price of the stock. The target price is based on 16 times FY22 estimated earnings.