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    ONGC NSE Share Price – A Bird’s Eye View

    HDFC (NSE -0.54%) Securities has a buy call on ONGC or Oil And Natural Gas Corporation (NSE -0.56%) and has an ONGC target price of INR 220. The current market price of ONGC is INR 151.8. The analysts have given a one year (NSE-0.56%) when the ONGC share price target of 2022 can be reached. More about the company and its shares are in the write-up.

    ONGC share price and ONGC NSE share price

    Oil And Natural Gas Corporation Ltd was established in 1993 and are a Large Cap firm with a market cap of INR 191723.46 crore. The company operates in the Gas and Petroleum sectors.

    Facts about ONGC and financial data

    1. The key products of Oil And Natural Gas Corporation Ltd’s main products/revenue sectors include-
      1. Oil crude
      2. Gas Natural
      3. Naptha
      4. Ethane
      5. Propane
      6. C2/C3 (Ethane/Propane)
      7. Butane
      8. HSD
      9. Subsidy
      10. Superior Kerosene Oil
      11. Electricity
      12. LSHS
      13. ATF or Aviation Turbine Fuel
      14. MTO or Mineral Turpentine Oil, etc., for the year ended March 31st, 2021.
    2. For the quarter that ended on 31.03.2022, ONGC had reported a Consolidated Total Income of INR 158648.42 Crore, which was up by 7.33% in comparison to the last quarter when the Total Income of INR 147814.67 Crore and up by 34.21%, in comparison to last year during the same quarter, the Total Income reported was INR118206.16 Crore.

    In the table below, let us find out in detail about ONGC share price (both upside and downside) and ONGC share price forecast or target prediction.

    Target Prediction For the Period
    Friday June 10th 2022 157.65, 154.78, 151.9-Upside

    129.95, 132.83, 135.7 -Downside

    Friday 17th June 2022 165.66, 158.74, 151.81- Upside

    121.94, 128.87, 135.79- Downside

    Friday 24th June 2022 171.49, 161.56, 150.63- Upside

    115.11, 126.04, 136.97- Downside

    July 2022 168.52, 162.47, 156.42- Upside

    133.98, 140.03, 146.08- Downside

    August 2022 175.38, 166.75, 158.11 – Upside

    127.12, 135.76, 144.39- Downside

    September 2022 185.22, 173.16, 161.09-Upside

    117.28, 129.35, 141.41- Downside

    October 2022 197.36, 180.38, 163.39- Upside

    105.14, 122.13, 139.11 – Downside

    November 2022 209.1, 186.05, 162.99 – Upside

    93.4, 116.46, 139.51 – Downside

    December 2022 220.61, 191.69, 162.76 – Upside

    81.89, 110.82, 139.74 – Downside

     

    The first upside and first downside targets are the best and the worst respectively. If there is a sharp rise or a sharp fall, these levels will indicate the maximum ranges. The second figures indicate the steady uptrend and downtrend, and the last or the third upside and downside targets are the numbers obtained in consolidated trading sessions.

    If you want to invest in the ONGC share market, assess the upside and the downside figures before you can put your hard-earned money into it.

    Also Read: Can a Startup Compete with Big Companies – Adopt the Right Strategies to Compete

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    Josie Patra
    Josie Patra
    Josie Patra is a veteran writer with 21 years of experience. She comes with multiple degrees in literature, computer applications, multimedia design, and management. She delves into a plethora of niches and offers expert guidance on finances, stock market, budgeting, marketing strategies, and such other domains. Josie has also authored books on management, productivity, and digital marketing strategies.

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