ONGC Stock Shows Positive Performance and High Dividend Yield, But Not Recommended for Purchase
ONGC, a largecap company in the oil exploration and refineries industry, opened with a gain of 5.2% today, outperforming the sector by 2.73%. Its stock is currently trading higher than its 200 day moving average but lower than its shorter term averages. With a high dividend yield of 4.42%, it may be attractive to investors, but MarketsMojo recommends a 'Hold' on the stock. Its performance over the past 1 day and 1 month has been lower than the Sensex. Investors should monitor the stock's performance and seek professional advice before investing.
Oil & Natural Gas Corporation Ltd. (ONGC) is a largecap company in the oil exploration and refineries industry. Today, the stock opened with a gain of 5.2%, outperforming the sector by 2.73%. The stock's performance today has been positive, with an intraday high of Rs 248.8 and a low of Rs 230.45. However, it is currently trading higher than its 200 day moving average but lower than its 5 day, 20 day, 50 day, and 100 day moving averages.
At the current price, ONGC has a high dividend yield of 4.42%. This may be attractive to investors looking for stable returns. However, according to MarketsMOJO, the stock's call is 'Hold'. This means that while the stock may have potential, it is not recommended for purchase at this time.
In comparison to the Sensex, ONGC's performance over the past 1 day and 1 month has been 2.24% and -15.45%, respectively. This is lower than the Sensex's performance of 1.91% and -0.57% for the same time periods.
Overall, ONGC's stock has shown positive performance today and has a high dividend yield. However, it is currently not recommended for purchase by MarketsMOJO. Investors should keep an eye on the stock's performance and consult with a financial advisor before making any investment decisions.
{{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
