ONGC

{
  "main_header": {
    "sid": 640830,
    "name": "ONGC",
    "stock_name": "ONGC",
    "full_name": "Oil & Natural Gas Corporation Ltd.",
    "name_url": "stocks-analysis/ongc",
    "exchange": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "290.00",
    "chg": -5.85,
    "chgp": "-1.98%",
    "dir": -1,
    "prev_price": "295.85",
    "mcapval": "370,867.00 Cr",
    "mcap": "Large Cap",
    "scripcode": 500312,
    "symbol": "ONGC",
    "ind_name": "Oil",
    "ind_code": 34,
    "indexname": "India SENSEX",
    "isin": "INE213A01029",
    "curr_date": "May 22",
    "curr_time": "",
    "bse_nse_vol": "1.2 cr",
    "exc_status": "Active",
    "traded_date": "May 22, 2026",
    "traded_date_str": "2026 05 22",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/ongc-640830-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "P/E at 9.79 vs Industry's 12.62: What the Data Shows for Oil & Natural Gas Corporation Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-sustaining-leadership-in-nifty-50-amid-institutional-shifts-4004577",
        "imagepath": "",
        "date": "2026-05-22 09:21:06",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discounted P/E Amid Sector Strength</strong></p>\n                <p>The current P/E of 9.79 for <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a> stands well below the oil sector’s average of 12.62, indicating a valuation discount of approximately 22.5%. This suggests the market is pricing in either a conservative outlook on earnings growth or perceived risks relative to peers. Despite this, the company maintains a robust market capitalisation of ₹3,72,188 crores, firmly placing it in the large-cap category. The discount could reflect sector-specific headwinds or company-specific factors, but it also raises the question of whether the stock is undervalued relative to its fundamentals — <a h..."
      },
      {
        "title": "P/E at 9.86 vs Industry's 12.67: What the Data Shows for Oil & Natural Gas Corporation Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-nifty-50-membership-reinforces-market-leadership-amid-institutional-shifts-4002381",
        "imagepath": "",
        "date": "2026-05-21 09:21:02",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discounted P/E Amid Sector Premiums</strong></p>\n                <p>The current P/E of 9.86 for <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a> stands in contrast to the industry average of 12.67, indicating the stock is trading at a significant discount relative to its peers. This valuation gap suggests the market is pricing in either a conservative outlook on earnings growth or perceived risks unique to the company. Despite this, the stock maintains a high dividend yield of 4.62%, which is attractive in the context of the oil sector’s yield profile. Investors might wonder <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"ctx\">what is the current rating for Oil &..."
      },
      {
        "title": "P/E at 9.81 vs Industry's 12.44: What the Data Shows for Oil & Natural Gas Corporation Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-nifty-50-membership-and-institutional-dynamics-shape-outlook-4000452",
        "imagepath": "",
        "date": "2026-05-20 09:20:53",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount Amid Sector Premiums</strong></p>\n                <p>The current P/E of <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a> stands at 9.81, significantly below the oil sector's average P/E of 12.44. This represents a discount of approximately 21.1%, suggesting the market values the company’s earnings more conservatively than its peers. Such a valuation gap often reflects investor caution or perceived risks specific to the company, despite its large-cap status and robust market capitalisation of ₹3,70,552.12 crores.</p>\n                <p>This valuation discount is particularly interesting given the stock's strong dividend yield of 4.65%, which is attractive in the current environment..."
      },
      {
        "title": "P/E at 9.84 vs Industry's 12.86: What the Data Shows for Oil & Natural Gas Corporation Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-navigating-nifty-50-membership-and-institutional-shifts-3998508",
        "imagepath": "",
        "date": "2026-05-19 09:20:43",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount to Industry P/E</strong></p>\n                <p>The current P/E of 9.84 for <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a> stands well below the sector average of 12.86, indicating that the stock is trading at a notable valuation discount. This lower multiple may reflect market concerns about near-term earnings growth or sector-specific risks, despite the company's large-cap status and strong market presence. The discount also suggests that investors are pricing in a more cautious outlook compared to peers, which is intriguing given the stock's robust dividend yield of 4.63% at current prices. <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & ..."
      },
      {
        "title": "P/E at 9.9 vs Industry's 12.93: What the Data Shows for Oil & Natural Gas Corporation Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-nifty-50-membership-and-institutional-dynamics-shape-market-outlook-3996324",
        "imagepath": "",
        "date": "2026-05-18 09:20:46",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discounted P/E Amid Sector Strength</strong></p>\n                <p>The valuation gap between <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a> and its industry peers is notable. At a P/E of 9.90, the stock trades at a substantial discount to the sector average of 12.93. This valuation differential suggests the market is pricing in either a conservative outlook on earnings growth or perceived risks specific to the company. However, the sector itself has demonstrated resilience, with 9 out of 14 oil exploration and refinery stocks reporting positive results recently, and none registering negative outcomes. This sector strength contrasts with the stock’s valuation, prompting the question: <a ..."
      },
      {
        "title": "Oil & Natural Gas Corporation Ltd. Gains 7.23%: 5 Key Factors Driving the Week’s Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-gains-723-5-key-factors-driving-the-weeks-momentum-3994671",
        "imagepath": "",
        "date": "2026-05-16 16:09:19",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>11 May:</strong> Technical momentum shifts to mildly bullish amid market volatility</p>\n                    <p><strong>12 May:</strong> Intraday high surge of 4.57% with exceptional volume and institutional interest</p>\n                    <p><strong>12 May:</strong> Surge in call and put option activity ahead of 26 May expiry</p>\n                    <p><strong>13 May:</strong> MarketsMOJO upgrades ONGC to Buy on strong technical and valuation metrics</p>\n                    <p><strong>15 May:</strong> Week closes at Rs.299.45, up 7.23% vs Sensex decline of 2.63%</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div cla..."
      },
      {
        "title": "P/E at 9.96 vs Industry's 13.18: What the Data Shows for Oil & Natural Gas Corporation Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-strengthens-position-amid-nifty-50-membership-and-institutional-interest-3992192",
        "imagepath": "",
        "date": "2026-05-15 09:20:44",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount Amid Sector Strength</strong></p>\n                <p>The current P/E of 9.96 for <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a> stands well below the industry average of 13.18, indicating a valuation discount of nearly one-quarter. This lower multiple suggests the market is pricing the stock more conservatively relative to its peers in the oil sector. Given the sector's recent performance, with 7 out of 12 stocks reporting positive results and none negative, the discount raises questions about whether the stock is undervalued or reflecting company-specific concerns. The sector's overall strength contrasts with the stock’s valuation, prompting the question: <a href=\"https://www.m..."
      },
      {
        "title": "MarketsMOJO Upgrades Oil & Natural Gas Corporation Ltd. to Buy on Strong Technical and Valuation Metrics",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/marketsmojo-upgrades-oil-natural-gas-corporation-ltd-to-buy-on-strong-technical-and-valuation-metrics-3990558",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/OilNaturalGasCo_mojoScore_3990558.png",
        "date": "2026-05-14 08:06:06",
        "description": "Oil & Natural Gas Corporation Ltd. (ONGC) has seen its investment rating upgraded from Hold to Buy, reflecting a marked improvement in technical indicators, valuation appeal, and financial stability despite recent flat quarterly results. This upgrade, effective from 13 May 2026, is underpinned by a comprehensive reassessment of the company’s quality, valuation, financial trend, and technical outlook, signalling renewed investor confidence in the large-cap oil sector stalwart."
      },
      {
        "title": "5,075 Call Contracts at Rs 300 Strike on Oil & Natural Gas Corporation Ltd. Signal Near-Term Upside Interest",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ongc-sees-surge-in-call-option-activity-as-bullish-sentiment-builds-ahead-of-may-expiry-3989110",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/OilNaturalGasCo_most_active_stocks_calls_3989110.png",
        "date": "2026-05-13 10:00:07",
        "description": "On 13 May 2026, 5,075 call contracts at the Rs 300 strike price changed hands on Oil & Natural Gas Corporation Ltd. (ONGC), with the stock closing at Rs 294.90. This surge in call activity coincides with a three-day rally that has lifted the stock by 5.84%, suggesting a convergence of bullish sentiment in both the derivatives and cash markets."
      }
    ],
    "total": 7221,
    "sid": "640830",
    "stock_news_url": "https://www.marketsmojo.com/news/oil-natural-gas-corporation-640830"
  },
  "announcements": [
    {
      "details": "Oil & Natural Gas Corporation Limited has submitted to the Exchange a copy of disclosure of Related Party Transactions for the half year ended September 30, 2019.",
      "source": "NSE",
      "caption": "Oil & Natural Gas Corporation Limited - Other General Purpose",
      "datetime": "28-Nov-2019"
    },
    {
      "details": "Oil & Natural Gas Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.",
      "source": "NSE",
      "caption": "Oil & Natural Gas Corporation Limited - Change in Director(s)",
      "datetime": "21-Nov-2019"
    },
    {
      "details": "Oil & Natural Gas Corporation Limited has informed the Exchange regarding a press release dated November 14, 2019, titled \"ONGC declares results for Q2 FY 20: Posts Net Profit of &#8377; 6,263 crore\".",
      "source": "NSE",
      "caption": "Oil & Natural Gas Corporation Limited - Press Release",
      "datetime": "15-Nov-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "",
      "data": [
        {
          "title": "BOARD MEETING",
          "txt": "26 May 2026"
        }
      ]
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Oil & Natural Gas Corporation Ltd. has declared <strong>125%</strong> dividend, ex-date: 18 Feb 26",
          "dt": "2026-02-18",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Oil & Natural Gas Corporation Ltd. has announced <strong>5:10</strong> stock split, ex-date: 08 Feb 11",
          "dt": "2011-02-08",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Oil & Natural Gas Corporation Ltd. has announced <strong>1:2</strong> bonus issue, ex-date: 15 Dec 16",
          "dt": "2016-12-15",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

P/E at 9.79 vs Industry's 12.62: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-05-22 09:21:06

Valuation Picture: Discounted P/E Amid Sector Strength

The current P/E of 9.79 for Oil & Natural Gas Corporation Ltd. stands well below the oil sector’s average of 12.62, indicating a valuation discount of approximately 22.5%. This suggests the market is pricing in either a conservative outlook on earnings growth or perceived risks relative to peers. Despite this, the company maintains a robust market capitalisation of ₹3,72,188 crores, firmly placing it in the large-cap category. The discount could reflect sector-specific headwinds or company-specific factors, but it also raises the question of whether the stock is undervalued relative to its fundamentals — Read full news article

P/E at 9.86 vs Industry's 12.67: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-05-21 09:21:02

Valuation Picture: Discounted P/E Amid Sector Premiums

The current P/E of 9.86 for Oil & Natural Gas Corporation Ltd. stands in contrast to the industry average of 12.67, indicating the stock is trading at a significant discount relative to its peers. This valuation gap suggests the market is pricing in either a conservative outlook on earnings growth or perceived risks unique to the company. Despite this, the stock maintains a high dividend yield of 4.62%, which is attractive in the context of the oil sector’s yield profile. Investors might wonder what is the current rating for Oil &...

Read full news article

P/E at 9.81 vs Industry's 12.44: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-05-20 09:20:53

Valuation Picture: Discount Amid Sector Premiums

The current P/E of Oil & Natural Gas Corporation Ltd. stands at 9.81, significantly below the oil sector's average P/E of 12.44. This represents a discount of approximately 21.1%, suggesting the market values the company’s earnings more conservatively than its peers. Such a valuation gap often reflects investor caution or perceived risks specific to the company, despite its large-cap status and robust market capitalisation of ₹3,70,552.12 crores.

This valuation discount is particularly interesting given the stock's strong dividend yield of 4.65%, which is attractive in the current environment...

Read full news article

P/E at 9.84 vs Industry's 12.86: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-05-19 09:20:43

Valuation Picture: Discount to Industry P/E

The current P/E of 9.84 for Oil & Natural Gas Corporation Ltd. stands well below the sector average of 12.86, indicating that the stock is trading at a notable valuation discount. This lower multiple may reflect market concerns about near-term earnings growth or sector-specific risks, despite the company's large-cap status and strong market presence. The discount also suggests that investors are pricing in a more cautious outlook compared to peers, which is intriguing given the stock's robust dividend yield of 4.63% at current prices. Oil & ...

Read full news article

P/E at 9.9 vs Industry's 12.93: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-05-18 09:20:46

Valuation Picture: Discounted P/E Amid Sector Strength

The valuation gap between Oil & Natural Gas Corporation Ltd. and its industry peers is notable. At a P/E of 9.90, the stock trades at a substantial discount to the sector average of 12.93. This valuation differential suggests the market is pricing in either a conservative outlook on earnings growth or perceived risks specific to the company. However, the sector itself has demonstrated resilience, with 9 out of 14 oil exploration and refinery stocks reporting positive results recently, and none registering negative outcomes. This sector strength contrasts with the stock’s valuation, prompting the question: Read full news article

Oil & Natural Gas Corporation Ltd. Gains 7.23%: 5 Key Factors Driving the Week’s Momentum

2026-05-16 16:09:19

Key Events This Week

11 May: Technical momentum shifts to mildly bullish amid market volatility

12 May: Intraday high surge of 4.57% with exceptional volume and institutional interest

12 May: Surge in call and put option activity ahead of 26 May expiry

13 May: MarketsMOJO upgrades ONGC to Buy on strong technical and valuation metrics

15 May: Week closes at Rs.299.45, up 7.23% vs Sensex decline of 2.63%

Read full news article

P/E at 9.96 vs Industry's 13.18: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-05-15 09:20:44

Valuation Picture: Discount Amid Sector Strength

The current P/E of 9.96 for Oil & Natural Gas Corporation Ltd. stands well below the industry average of 13.18, indicating a valuation discount of nearly one-quarter. This lower multiple suggests the market is pricing the stock more conservatively relative to its peers in the oil sector. Given the sector's recent performance, with 7 out of 12 stocks reporting positive results and none negative, the discount raises questions about whether the stock is undervalued or reflecting company-specific concerns. The sector's overall strength contrasts with the stock’s valuation, prompting the question: Read full news article

MarketsMOJO Upgrades Oil & Natural Gas Corporation Ltd. to Buy on Strong Technical and Valuation Metrics

2026-05-14 08:06:06

Oil & Natural Gas Corporation Ltd. (ONGC) has seen its investment rating upgraded from Hold to Buy, reflecting a marked improvement in technical indicators, valuation appeal, and financial stability despite recent flat quarterly results. This upgrade, effective from 13 May 2026, is underpinned by a comprehensive reassessment of the company’s quality, valuation, financial trend, and technical outlook, signalling renewed investor confidence in the large-cap oil sector stalwart.

Read full news article

5,075 Call Contracts at Rs 300 Strike on Oil & Natural Gas Corporation Ltd. Signal Near-Term Upside Interest

2026-05-13 10:00:07

On 13 May 2026, 5,075 call contracts at the Rs 300 strike price changed hands on Oil & Natural Gas Corporation Ltd. (ONGC), with the stock closing at Rs 294.90. This surge in call activity coincides with a three-day rally that has lifted the stock by 5.84%, suggesting a convergence of bullish sentiment in both the derivatives and cash markets.

Read full news article

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