Oil And Natural Gas Corporation Ltd. key Products/Revenue Segments include Oil Crude, Gas Natural, Naphtha, Ethane, Propane, Butane, Subsidy, Aviation Turbine Fuel (ATF), Other Operating Revenue, LSHS, Electricity, Mineral Turpentine Oil (MTO), HSD, Processing Charges, Others for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 173788.62 crore, up 3.13 % from last quarter Total Income of Rs 168507.77 crore and up 2.30 % from last year same quarter Total Income of Rs 169875.25 crore. Company has reported net profit after tax of Rs 8217.12 Crore in latest quarter. The company’s top management includes Mr.Arun Kumar Singh, Dr.Madhav Singh, Dr.Prabhaskar Rai, Mrs.Reena Jaitly, Mr.Manish Pareek, Mr.V Ajit Kumar Raju, Mr.Syamchand Ghosh, Mr.Pankaj Kumar, Ms.Sushma Rawat, Mr.Om Prakash Singh, Mr.Manish Patil, Mr.V C Tongaonkar, Mr.Praveen Mal Khanooja. Company has S Bhandari & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 1,258 Crore shares outstanding.
Investment Rationale
ONGC recently broke out of its narrow consolidation range between 220 and 252, indicating strength. The stock is now trading above this range, supported by a base formation around the 200-day EMA high/low band, reinforcing bullish sentiment. Additionally, the daily RSI has moved above the 50 mark after a prolonged period, signaling a shift in momentum. Given these technical developments, a long position is advisable in the Rs 257-253 zone, with a target of Rs 290. A daily close below Rs 235 should be used as a stop-loss to manage risk. Promoter/FII Holdings
Promoters held 58.89 per cent stake in the company as of 31-Mar-2025, while FIIs owned 7.1 per cent, DIIs 19.88 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
By
