If you are wondering which share will be best for investment in recent times, then you should know about the ONGC Share Price Target 2025, 2030, 2040, and 2050. Today, in this article, we will explain the basic idea about the ONGC Share Price Target 2025, 2027, 2030, 2040, and 2050. Based on our research and expert advice, this blog is about the company’s growth, performance, etc.
In this article, we will describe the company’s financial growth, business policy, shareholding pattern, and forecast share price yearly. ONGC Share Price Target is a trading share in the share market. We use expert research and analysis to understand the ONGC Share Price Target. This article may be useful to those who want to invest in this share. Let’s explore the ONGC Share Price Target from 2025 to 2050.
Introduction
An international crude oil and gas company based in India is called ONGC. It is a government organization under the Ministry of Petroleum and Natural Gas that was established in 1956. ONGC explores for, develops, and produces natural gas, crude oil, and value-added products. ONGC participates both domestically and internationally in the whole hydrocarbon value chain through ONGC Videsh.
Overview
The Ministry of Petroleum and Natural Gas, Government of India, is the owner of the Oil and Natural Gas Corporation Limited (ONGC), a central public sector enterprise. Delhi serves as the company’s headquarters. Approximately 70% of India’s domestic crude oil production and 84% of the nation’s natural gas production are produced by this largest government-owned oil and gas exploration and production company in the nation. ONGC has vertical integration throughout the whole gas and oil sector. The Indian government granted ONGC the Maharatna designation in November 2010.
| Company Name | Oil and Natural Gas Corporation Limited |
| Market Cap | ₹376,555Crore |
| Face Value | ₹5 |
| Book Value | ₹255 |
| P/B | 1.21 |
| 52 Week High | ₹350 |
| 52 Week Low | ₹180 |
| DIV. YIELD | 4.16 |
Financial Data Analysis
We need to look at the company’s PE ratio, return on equity, current ratio, and return on assets to comprehend its performance. These characteristics will be covered in the section that follows. These ratios likewise influence the target share price of ONGC.
| PE Ratio | ROCE | Debt to equity | Return On Equity (ROE) |
| 9.73 | 19.15% | 0.45 | 14.35% |
ONGC Share Price Target 2024
With a stable oil price throughout the world and the firm continuing to focus on increasing output, the share price of ONGC could rise somewhat in 2024.
| Year | ONGC Share Price Target 2024 |
| 1st Price Target | 290 |
| 2nd Price Target | 365 |
ONGC Share Price Target 2025
By 2025, ONGC’s market position and financial health might see further enhancements. If the company can successfully cut expenses and capitalize on the rising demand for energy.
| Year | ONGC Share Price Target 2025 |
| 1st Price Target | 380 |
| 2nd Price Target | 420 |
Also read: Suven Pharma Share Price Target
ONGC Share Price Target 2030
In estimating a company’s 2030 stock price, it’s critical to take into account factors such as the industry’s trajectory, potential new technologies, and the company’s ability to adapt to shifting market conditions.
| Year | ONGC Share Price Target 2030 |
| 1st Price Target | 560 |
| 2nd Price Target | 666 |
ONGC Share Price Target 2050
Forecasting share prices for 2050 is fraught with uncertainty due to many factors, including changes in market dynamics, energy technological advancements in the future, and volatility in the state of the global economy.
| Year | ONGC Share Price Target 2050 |
| 1st Price Target | 1200 |
| 2nd Price Target | 1500 |
Advantages and Disadvantages Of ONGC
Every share offers various benefits as well as drawbacks. Thus, the following list of benefits and drawbacks equally applies to the ONGC Share Price Target.
Advantages
- strong position in the Indian oil and gas business
- High yield and consistent dividend payments
- Government assistance with India’s energy security plan
- New discoveries of gas and oil could increase production.
- Low value in comparison to global peers.
Disadvantages
- Vulnerability to global fluctuations in oil prices
- Consumption of fossil fuels may change if renewable energy is prioritized.
- Government involvement in investment and pricing
- Potential problems with regulations and the environment
- rivalry within the domestic private sector.
Also read: Vedanta Share Price Target 2025
FAQ
Who is the Chairman of ONGC ?
Mr. Arun Kumar Singh is the chairman of ONGC.
What is the ONGC share price target for 2024?
ONGC’s share price target for 2024 is ₹290 to ₹365.
What is the ONGC share price target for 2025?
ONGC’s share price target for 2025 is ₹380 to ₹420.
What is the ONGC share price target for 2030?
ONGC’s share price target for 2030 is ₹560 to ₹666.
What is the ONGC share price target for 2050?
ONGC’s share price target for 2050 is ₹1,200 to ₹1,500
Conclusion
We hope https://pricepredictionhub.com/ will provide you with some fundamental knowledge on the ONGC Share Price Target. We make sure that, over time, the ONGC Share Price Target may rise to an extremely high position by conducting the necessary research and consulting with specialists. Thus, as the need for this industry grows, so does the share’s potential for future profit.
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Disclaimer
This prediction is for informational purposes only and should not be considered financial advice. Share price forecasts are Hypothetical and subject to change based on market conditions and other factors. Always conduct your research and consult with a financial advisor before making investment decisions. Past performance does not always guarantee future results.