ONGC Faces Decline Amid Sector Challenges and Valuation Disparities

May 09 2025 09:25 AM IST
share
Share Via
Oil & Natural Gas Corporation (ONGC) has seen a decline in stock performance, underperforming its sector. The company, with a market capitalization of Rs 2,90,604.45 crore, has a low P/E ratio compared to the industry average. Despite recent losses, ONGC maintains a high dividend yield of 5.91%.
Oil & Natural Gas Corporation (ONGC), a prominent player in the Oil Exploration and Refineries sector, has experienced notable activity today, underperforming the sector by 2.92%. The stock opened at Rs 226.3, reflecting a loss of 2.92% from the previous close, and has since maintained this price level, reaching an intraday low of Rs 226.3. Over the past two days, ONGC has seen a cumulative decline of 5.25%.

In terms of market metrics, ONGC's market capitalization stands at Rs 2,90,604.45 crore, categorizing it as a large-cap stock. The company's price-to-earnings (P/E) ratio is currently at 7.27, significantly lower than the industry average of 18.04, indicating a potential valuation disparity within the sector.

Despite the recent downturn, ONGC offers a high dividend yield of 5.91%. Over the past year, the stock has declined by 13.06%, contrasting with the Sensex's performance of 10.24%. The broader Oil Exploration and Refineries sector has also faced challenges, with a collective decline of 2.55%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News