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": "239.00",
    "chg": 2.1,
    "chgp": "0.89%",
    "dir": 1,
    "prev_price": "236.90",
    "mcapval": "296,957.00 Cr",
    "mcap": "Large Cap",
    "scripcode": 500312,
    "symbol": "ONGC",
    "ind_name": "Oil",
    "ind_code": 34,
    "sector_id": 52,
    "indexname": "India SENSEX",
    "isin": "INE213A01029",
    "curr_date": "Sep 24, 03:30 PM",
    "curr_time": "04:46 AM",
    "last_traded_at": "Sep 24, 03:30 PM IST",
    "bse_nse_vol": "87.53 lacs",
    "exc_status": "Active",
    "traded_date": "Sep 24, 2026",
    "traded_date_str": "2026 09 24",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
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    "mojoone": {
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  },
  "news": {
    "results": [
      {
        "title": "P/E at 6.86 vs Industry's 13.70: 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-amid-market-headwinds-4203157",
        "imagepath": "",
        "date": "2026-09-24 09:21:00",
        "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> at 6.86 stands at just half the industry average of 13.70. This discount suggests the market is pricing in either subdued growth expectations or elevated risks relative to peers. Such a valuation gap is notable in the oil sector, where many companies trade closer to or above the industry average. The stock’s high dividend yield of 5.71% further complicates the valuation narrative, indicating that investors may be valuing the company more for income than capital appreciation. This raises the question — <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640..."
      },
      {
        "title": "Oil & Natural Gas Corporation Ltd. is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/oil-natural-gas-corporation-ltd-is-rated-hold-4202264",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/OilNaturalGasCo_mojoScore_4202264.png",
        "date": "2026-09-23 10:11:11",
        "description": "Oil & Natural Gas Corporation Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 31 August 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 23 September 2026, providing investors with an up-to-date view of its fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "P/E at 6.84 vs Industry's 13.65: 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-amid-mixed-market-signals-4201944",
        "imagepath": "",
        "date": "2026-09-23 09:21:03",
        "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> at 6.84 stands at exactly half the industry average of 13.65. This discount suggests the market is pricing in either subdued growth expectations or elevated risks relative to peers. The oil sector, characterised by cyclical volatility, currently sees many stocks trading at premiums due to rising crude prices and geopolitical factors. However, <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">ONGC</a>’s valuation implies a cautious stance by investors, possibly reflecting concerns over operational challenges or capital expenditure de..."
      },
      {
        "title": "P/E at 6.83 vs Industry's 13.69: 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-market-dynamics-4200768",
        "imagepath": "",
        "date": "2026-09-22 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: A Deep Discount to Industry Peers</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> at 6.83 stands at roughly half the industry average of 13.69. Such a valuation gap suggests the market is pricing in either structural challenges or subdued growth expectations relative to the sector. This discount is notable given the company’s large-cap status with a market capitalisation of ₹2,95,259.15 crores, positioning it as a heavyweight in the oil sector. The low P/E ratio also aligns with the stock’s high dividend yield of 5.74%, indicating that investors may be favouring income over capital appreciation in the current environment. However, <a href..."
      },
      {
        "title": "P/E at 6.74 vs Industry's 13.57: 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-amid-market-headwinds-4199294",
        "imagepath": "",
        "date": "2026-09-21 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: A Deep Discount to Industry Norms</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 6.74, less than half the oil industry average of 13.57. This 0.5x multiple relative to peers suggests the stock is trading at a substantial discount. Such a valuation gap often reflects market concerns about earnings sustainability or sector-specific headwinds. However, it may also indicate an undervaluation relative to intrinsic value, especially given the company’s large-cap status and established market presence. The discount invites scrutiny — <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corp..."
      },
      {
        "title": "P/E at 6.75 vs Industry's 13.58: 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-market-challenges-amid-nifty-50-membership-4196911",
        "imagepath": "",
        "date": "2026-09-18 09:20:42",
        "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 6.75, less than half the oil industry average of 13.58. This 0.5x multiple relative to peers suggests the market is pricing in either structural challenges or near-term headwinds for the company. Such a valuation gap is notable in a large-cap stock with a market capitalisation of approximately ₹2,92,240 crores. The discount may reflect concerns over earnings sustainability or sector cyclicality, but it also raises the question of whether the stock is undervalued relative to its fundamentals — <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-64..."
      },
      {
        "title": "P/E at 6.86 vs Industry's 13.62: What the Data Shows for Oil & Natural Gas Corporation Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/oil-natural-gas-corporation-ltd-navigating-nifty-50-membership-amid-market-headwinds-4195873",
        "imagepath": "",
        "date": "2026-09-17 09:20:55",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: A Deep Discount to Industry Peers</strong></p>\n                <p>The current P/E ratio of 6.86 for <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a> stands at nearly half the industry average of 13.62. Such a valuation gap suggests the market is pricing in either significant risk or subdued growth expectations relative to its peers in the oil sector. This discount is notable given the company’s large-cap status and market capitalisation of approximately ₹2,94,630 crore. The sector’s average P/E reflects a broader optimism or stronger earnings growth prospects, whereas <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">ONGC</a> appears to be valued more conserva..."
      },
      {
        "title": "P/E at 6.83 vs Industry's 13.54: 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-market-dynamics-4194612",
        "imagepath": "",
        "date": "2026-09-16 09:20:42",
        "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 6.83, less than half the oil industry average of 13.54. This 0.5x multiple relative to peers suggests the market is pricing in either near-term challenges or structural concerns. Such a valuation gap is notable in a large-cap stock with a market capitalisation of ₹2,96,265.58 crores. The discount could reflect investor caution despite the company’s steady dividend yield of 5.74%, which remains attractive in the current environment. The valuation gap invites the question — <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"ctx\">p..."
      },
      {
        "title": "P/E at 6.74 vs Industry's 13.74: 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-amid-market-challenges-4192874",
        "imagepath": "",
        "date": "2026-09-15 09:20:45",
        "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 stock’s P/E ratio of 6.74 stands out starkly against the industry average of 13.74, indicating a substantial valuation discount. This suggests that the market is pricing in either near-term challenges or structural concerns specific to <a href=\"https://www.marketsmojo.com/stocks-analysis/ongc-640830-0\" class=\"stk\">Oil & Natural Gas Corporation Ltd.</a>. Despite this, the sector itself has shown resilience, with 39 out of 71 stocks reporting positive results in the latest earnings season, while only 6 stocks posted negative outcomes. This sector-wide strength contrasts with the company’s subdued valuation, raising questions about whether the discount is justified or an opportunity for val..."
      }
    ],
    "total": 7373,
    "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": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Oil & Natural Gas Corporation Ltd. has declared <strong>20%</strong> dividend, ex-date: 04 Sep 26",
          "dt": "2026-09-04",
          "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 6.86 vs Industry's 13.70: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-24 09:21:00

Valuation Picture: Discount Amid Sector Premiums

The current P/E of Oil & Natural Gas Corporation Ltd. at 6.86 stands at just half the industry average of 13.70. This discount suggests the market is pricing in either subdued growth expectations or elevated risks relative to peers. Such a valuation gap is notable in the oil sector, where many companies trade closer to or above the industry average. The stock’s high dividend yield of 5.71% further complicates the valuation narrative, indicating that investors may be valuing the company more for income than capital appreciation. This raises the question — Read full news article

Oil & Natural Gas Corporation Ltd. is Rated Hold

2026-09-23 10:11:11

Oil & Natural Gas Corporation Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 31 August 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 23 September 2026, providing investors with an up-to-date view of its fundamentals, valuation, financial trends, and technical outlook.

Read full news article

P/E at 6.84 vs Industry's 13.65: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-23 09:21:03

Valuation Picture: Discount Amid Sector Premiums

The current P/E of Oil & Natural Gas Corporation Ltd. at 6.84 stands at exactly half the industry average of 13.65. This discount suggests the market is pricing in either subdued growth expectations or elevated risks relative to peers. The oil sector, characterised by cyclical volatility, currently sees many stocks trading at premiums due to rising crude prices and geopolitical factors. However, ONGC’s valuation implies a cautious stance by investors, possibly reflecting concerns over operational challenges or capital expenditure de...

Read full news article

P/E at 6.83 vs Industry's 13.69: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-22 09:20:46

Valuation Picture: A Deep Discount to Industry Peers

The current P/E of Oil & Natural Gas Corporation Ltd. at 6.83 stands at roughly half the industry average of 13.69. Such a valuation gap suggests the market is pricing in either structural challenges or subdued growth expectations relative to the sector. This discount is notable given the company’s large-cap status with a market capitalisation of ₹2,95,259.15 crores, positioning it as a heavyweight in the oil sector. The low P/E ratio also aligns with the stock’s high dividend yield of 5.74%, indicating that investors may be favouring income over capital appreciation in the current environment. However, Read full news article

P/E at 6.74 vs Industry's 13.57: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-21 09:20:46

Valuation Picture: A Deep Discount to Industry Norms

The current P/E of Oil & Natural Gas Corporation Ltd. stands at 6.74, less than half the oil industry average of 13.57. This 0.5x multiple relative to peers suggests the stock is trading at a substantial discount. Such a valuation gap often reflects market concerns about earnings sustainability or sector-specific headwinds. However, it may also indicate an undervaluation relative to intrinsic value, especially given the company’s large-cap status and established market presence. The discount invites scrutiny — Oil & Natural Gas Corp...

Read full news article

P/E at 6.75 vs Industry's 13.58: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-18 09:20:42

Valuation Picture: Discount Amid Sector Premiums

The current P/E of Oil & Natural Gas Corporation Ltd. stands at 6.75, less than half the oil industry average of 13.58. This 0.5x multiple relative to peers suggests the market is pricing in either structural challenges or near-term headwinds for the company. Such a valuation gap is notable in a large-cap stock with a market capitalisation of approximately ₹2,92,240 crores. The discount may reflect concerns over earnings sustainability or sector cyclicality, but it also raises the question of whether the stock is undervalued relative to its fundamentals — Read full news article

P/E at 6.86 vs Industry's 13.62: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-17 09:20:55

Valuation Picture: A Deep Discount to Industry Peers

The current P/E ratio of 6.86 for Oil & Natural Gas Corporation Ltd. stands at nearly half the industry average of 13.62. Such a valuation gap suggests the market is pricing in either significant risk or subdued growth expectations relative to its peers in the oil sector. This discount is notable given the company’s large-cap status and market capitalisation of approximately ₹2,94,630 crore. The sector’s average P/E reflects a broader optimism or stronger earnings growth prospects, whereas ONGC appears to be valued more conserva...

Read full news article

P/E at 6.83 vs Industry's 13.54: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-16 09:20:42

Valuation Picture: Discount Amid Sector Premiums

The current P/E of Oil & Natural Gas Corporation Ltd. stands at 6.83, less than half the oil industry average of 13.54. This 0.5x multiple relative to peers suggests the market is pricing in either near-term challenges or structural concerns. Such a valuation gap is notable in a large-cap stock with a market capitalisation of ₹2,96,265.58 crores. The discount could reflect investor caution despite the company’s steady dividend yield of 5.74%, which remains attractive in the current environment. The valuation gap invites the question — p...

Read full news article

P/E at 6.74 vs Industry's 13.74: What the Data Shows for Oil & Natural Gas Corporation Ltd.

2026-09-15 09:20:45

Valuation Picture: Discounted P/E Amid Sector Strength

The stock’s P/E ratio of 6.74 stands out starkly against the industry average of 13.74, indicating a substantial valuation discount. This suggests that the market is pricing in either near-term challenges or structural concerns specific to Oil & Natural Gas Corporation Ltd.. Despite this, the sector itself has shown resilience, with 39 out of 71 stocks reporting positive results in the latest earnings season, while only 6 stocks posted negative outcomes. This sector-wide strength contrasts with the company’s subdued valuation, raising questions about whether the discount is justified or an opportunity for val...

Read full news article

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