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As on 28th Dec 2021 ONGC Share Price closed @ 139.50 and we RECOMMEND Buy for LONG-TERM with Stoploss of 123.26 & Strong Sell for SHORT-TERM with Stoploss of 150.47 we also expect STOCK to react on Following IMPORTANT LEVELS….ONGC Share Price.
| ONGC CURRENT MONTH FUTURE | |
|---|---|
| Close | 139.85 |
| Change In O.I | -24.28 \% |
| Lot Size | 7700 |
Why is ONGC falling 2021?
ONGC’s share price has underperformed the benchmark over the past four years due to a decline in domestic oil & gas production. Due to lower production growth on a sustainable basis, despite cheaper valuations, the brokerage does not recommend that long term investors add the stock as it is a play on commodity prices.
What is the ex dividend date of ONGC 2021?
Oil and Natural Gas Corporation Ltd.
| Announcement Date | Ex-Date | Remarks |
|---|---|---|
| 25-06-2021 | 08-09-2021 | Rs.1.8500 per share(37\%)Final Dividend |
| 15-02-2021 | 17-02-2021 | Rs.1.7500 per share(35\%)Interim Dividend |
| 28-02-2020 | 23-03-2020 | Rs.5.0000 per share(100\%)Interim Dividend (Revised) |
| 30-05-2019 | 22-08-2019 | Rs.0.7500 per share(15\%)Final Dividend |
Is ONGC a government company?
Oil and Natural Gas Corporation (ONGC) is an Indian government-owned crude oil and natural gas corporation. Its registered office is in New Delhi….Oil and Natural Gas Corporation.
| Type | Government Corporation |
|---|---|
| Owner | Government of India (60.41\%) |
| Number of employees | 30,105 (2021) |
| Parent | Ministry of Petroleum and Natural Gas, Government of India |
Oil & Natural Gas Corporation Limited ONGC share price forecast & targets for short-term is a uptrend, and nearest possible share price target is 155. The share price is currently trading at 144.25. However, if the trend reverses from this point, then a possible future share price target could be 144.
Is Oil & Natural Gas Corporation Ltd (ONGC) stock a good buy?
According to our live Forecast System, Oil & Natural Gas Corporation Ltd. stock is a bad long-term (1-year) investment*. “ONGC” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about “500312” projections.
Is onongc trading in the upper range of the quarterly prices?
ONGC is trading in the upper range of the quarterly prices. The session was a bearish session and prices moved within a range of 124.75 and 129.70, with a volume of 10.64\% compared to average volume that Oil Natural normally has.
How will ONGC’s Oil and gas production impact its cost of production?
Given the fact that ONGC’s oil wells are very old, it is unlikely that it can reduce its cost of production beyond a level. In gas production the wells are new. But the gas pricing formula ensures that margins don’t go beyond a point. The realisation from gas would impact the company as prices have been revised downward from October.