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Why Is Dharmesh Kant Of Chola Securities Bullish On ONGC With A Revised Target Of ₹470?

Why Is Dharmesh Kant Of Chola Securities Bullish On ONGC With A Revised Target Of ₹470?

Shailendra Bhatnagar
Shailendra Bhatnagar
  • New Delhi,
  • Aug 12, 2024,
  • Updated Aug 12, 2024, 1:22 PM IST

After its Q1 earnings report, ONGC presents a mixed bag of opportunities and risks. Investors should carefully weigh the impact of global oil prices, operational efficiency, and government policies when making trading decisions. Whether as a short-term trade or a long-term investment, ONGC continues to be a significant player in the energy sector, offering potential rewards for those who navigate the market thoughtfully.

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