ONGC's Stock Performance Highlights Valuation Disparities and Income Potential in Oil Sector
Oil & Natural Gas Corporation (ONGC) has been active in the stock market, showing a four-day gain and currently trading above its short-term moving averages. With a market cap of Rs 3,03,310.53 crore, ONGC offers a high dividend yield and has experienced a significant decline over the past year.
Oil & Natural Gas Corporation (ONGC) has shown notable activity in the stock market today, aligning its performance with sector trends. The stock has experienced a consecutive gain over the past four days, reflecting a 2.59% increase during this period. Currently, ONGC's price is above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.With a market capitalization of Rs 3,03,310.53 crore, ONGC operates within the large-cap segment of the oil industry. The company has a price-to-earnings (P/E) ratio of 8.34, significantly lower than the industry average of 15.74, indicating a potential valuation disparity.
In terms of dividend yield, ONGC offers a high yield of 4.68% at its current price, which may appeal to income-focused investors. Over the past year, the stock has faced a decline of 25.16%, contrasting with the Sensex's decrease of 3.07%. However, ONGC has shown resilience in shorter time frames, outperforming the Sensex over the past week and month. Overall, ONGC's performance metrics reflect a complex landscape within the oil sector.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
