ONGC share price

ONGC, Oil India among cheapest upstream stocks globally: What are prices factoring in?

Dec 24, 2025, 09:58 AM IST

Indian upstream stocks were among the cheapest globally. On FY28 estimated EV/Ebitda, ONGC and Oil India traded at 2.6 times and 2.9 times, respectively, compared with a global average of 4.2 times.

ONGC shares tank 3%; Axis Capital says 'Sell' oil PSU stock, sees 11% further downside

Dec 15, 2025, 10:26 AM IST

Axis Capital said ONGC’s earnings are expected to moderate amid a weak crude oil price outlook. It said crude prices were likely to remain under pressure due to rising supply and muted demand.

Stock ideas: CLSA says India sending contra buy signal, shares top underdog shares to buy

Oct 13, 2025, 11:06 AM IST

Stocks to buy: Foreign brokerage CLSA called stocks such as ONGC and DLF as underdogs. It also likes NTPC. On ONGC, CLSA said the upstream stock is pricing in a Brent crude price lower than the current price.

Kotak Bank tops Nifty EPS upgrades in Sept; ONGC, Tata Motors, RIL, Trent lead cuts

Oct 03, 2025, 11:43 AM IST

The earnings upgrades were led by Kotak Mahindra Bank (6.6 per cent), followed by Mahindra & Mahindra (M&M), Maruti Suzuki India (1.8 per cent), Eicher Motors (1.8 per cent) and Tata Steel (1.4 per cent).

HPCL, MGL are momentum plays; ONGC, Oil India downgraded, says MOFSL

Sep 16, 2025, 08:37 AM IST

MOFSL tagged HPCL and MGL as momentum plays and Petronet LNG as a value play. HPCL is preferred among OMCs for its marketing leverage and catalysts such as the planned demerger

ONGC, Oil India: Cheapest oil upstream stocks globally are a compelling 'Buy'

Sep 12, 2025, 10:23 AM IST

ONGC and Oil India are among the cheapest upstream stocks worldwide, trading on estimated FY28 EV/Ebitda at just 2.9x and 3.6x, compared to the global average of 4.2x (one year forward) and 4.0x (two year forward).

Iran-Israel tensions: IGL, BPCL, HPCL, GAIL, IOC, RIL shares drop up to 4%; Oil India, ONGC up

Jun 13, 2025, 09:56 AM IST

IGL shares led the fall, tanking 4.11 per cent to Rs 194.80. It was followed by OMC stocks BPCL, HPCL and IOC, which declined 3.86 per cent, 2.80 per cent and 2.20 per cent, respectively.

RVNL, IndusInd, NTPC Green, IRCON, ONGC, OIL, PFC: Stocks mixed ahead of Q4 results

May 21, 2025, 10:32 AM IST

Among railway PSUs, IRCON International was trading 1.54 per cent higher at Rs 191.20. RVNL also gained 0.4 per cent to Rs 416.70. NTPC Green Energy Ltd was flat at Rs 103. PFC added 0.84 per cent to Rs 410.

Brent oil futures below $65 a barrel: Oil stocks to buy

May 19, 2025, 11:56 AM IST

OMC stocks: JM Financial said the risk-reward for OMCs namely BPCL, HPCL and IOC is not favourable given the PSUs' aggressive capex plans and as valuations are 20-30 per cent above historical averages.

ONGC shares: Oil PSU a buy, hold or sell? Here are stock price targets

Feb 04, 2025, 09:18 AM IST

Post a 20 per cent drop in its shares in six months, a few analysts said stock valuations are inexpensive and downside looks limited on the counter. They suggested a 'Buy' on the stock.

BPCL, HPCL, IOC, ONGC, Oil India: How oil prices above $80 may impact PSU earnings, stocks

Jan 15, 2025, 10:07 AM IST

IOCL shares have relatively underperformed HPCL and BPCL recently, but the OMC entails a higher inventory risk. BPCL is fundamentally the strongest. HPCL’s Vizag expansion and modernisation project is expected to be complete by FY25-end.