Oil and Natural Gas Corporation (ONGC) is a leading player in the Indian energy sector. Investors and traders often seek accurate projections for ONGC’s share price targets across different years. In this article, we will provide ONGC share price target estimates for the years 2025, 2026, 2028, 2030, and 2040. These projections will help you make informed investment decisions.
Overview of ONGC
ONGC is the largest crude oil and natural gas company in India. Its financial stability, strong operational backbone, and consistent market presence make it a blue-chip stock. The company’s share price has fluctuated over the years, influenced by global oil prices, domestic energy policies, and investor sentiment.
Information About ONGC (Oil and Natural Gas Corporation) Share
| Metric | Details |
|---|---|
| Stock Name | ONGC (Oil and Natural Gas Corporation) |
| Market Cap | ₹2.02 Trillion (approx.) |
| P/E Ratio (Price to Earnings) | 6.5 (approx.) |
| Dividend Yield | 6.50% (approx.) |
| 52-Week High | ₹192.40 |
| 52-Week Low | ₹130.40 |
| Current Share Price | ₹165.00 (approx.) |
| EPS (Earnings Per Share) | ₹25.38 (approx.) |
| Book Value | ₹190.15 |
| Face Value | ₹5 |
| Beta | 1.15 |
| Sector | Energy |
ONGC Share Price Target 2025
For 2025, ONGC’s share price is expected to experience moderate growth due to the company’s ongoing expansion efforts in both exploration and production. Below is a table showing the estimated monthly share price targets for the year 2025.
| Month | ONGC Share Price Target (INR) |
|---|---|
| January | 180 |
| February | 185 |
| March | 190 |
| April | 195 |
| May | 200 |
| June | 205 |
| July | 210 |
| August | 215 |
| September | 220 |
| October | 225 |
| November | 230 |
| December | 235 |
ONGC Share Price Target 2026
The year 2026 is expected to bring increased volatility in the market, but ONGC is projected to maintain its upward trajectory. Below is the ONGC share price target for each month of 2026.
| Month | ONGC Share Price Target (INR) |
|---|---|
| January | 240 |
| February | 245 |
| March | 250 |
| April | 255 |
| May | 260 |
| June | 265 |
| July | 270 |
| August | 275 |
| September | 280 |
| October | 285 |
| November | 290 |
| December | 295 |
ONGC Share Price Target 2028
By 2028, ONGC is expected to have expanded its operations significantly, particularly in renewable energy. This will positively impact its stock price. Below is the ONGC share price target forecast for 2028.
| Month | ONGC Share Price Target (INR) |
|---|---|
| January | 320 |
| February | 325 |
| March | 330 |
| April | 335 |
| May | 340 |
| June | 345 |
| July | 350 |
| August | 355 |
| September | 360 |
| October | 365 |
| November | 370 |
| December | 375 |
ONGC Share Price Target 2030
In 2030, the global energy landscape is expected to shift further towards clean energy, and ONGC is anticipated to capitalize on this transition. Below are the projected share prices for each month of 2030.
| Month | ONGC Share Price Target (INR) |
|---|---|
| January | 400 |
| February | 410 |
| March | 420 |
| April | 430 |
| May | 440 |
| June | 450 |
| July | 460 |
| August | 470 |
| September | 480 |
| October | 490 |
| November | 500 |
| December | 510 |
ONGC Share Price Target 2040
The year 2040 will likely mark a significant evolution in the energy sector, with ONGC expected to have diversified its portfolio substantially. The share price target for 2040 is provided below.
| Month | ONGC Share Price Target (INR) |
|---|---|
| January | 700 |
| February | 710 |
| March | 720 |
| April | 730 |
| May | 740 |
| June | 750 |
| July | 760 |
| August | 770 |
| September | 780 |
| October | 790 |
| November | 800 |
| December | 810 |
Factors Influencing ONGC Share Price
Several factors contribute to ONGC’s share price fluctuations. Below are some key aspects that will influence its price targets:
Global Crude Oil Prices
The price of crude oil significantly affects ONGC’s revenue. Any major changes in global oil prices, driven by OPEC policies or geopolitical events, could influence the company’s stock price.
Government Policies
Indian government policies regarding oil production, taxation, and environmental regulations directly impact ONGC’s profitability and stock price.
Exploration and Expansion
As ONGC continues to explore new oil and gas fields and expand its renewable energy initiatives, these efforts are expected to positively affect its stock price in the coming years.
Energy Transition
The shift towards renewable energy sources will also play a crucial role in the stock’s future performance. ONGC’s ability to adapt to this transition will determine its long-term success.
Conclusion
Based on our analysis, ONGC’s share price is expected to grow steadily over the next two decades. While fluctuations are inevitable, the company’s solid foundation, backed by strategic expansion and adaptation to the renewable energy sector, should ensure a stable upward trajectory.
For investors looking for long-term gains, ONGC remains a strong stock option. However, as with any investment, it’s essential to consider the broader market conditions and company-specific factors before making financial decisions.
FAQs About – ONGC Share Price Target
1. What is the current market price of ONGC shares?
The current market price of ONGC shares fluctuates based on market conditions. As of recent data, it is approximately ₹165. However, it’s advisable to check real-time prices on the stock exchange.
2. What is the P/E ratio of ONGC shares?
The P/E (Price to Earnings) ratio of ONGC shares is around 6.5, indicating the company’s valuation compared to its earnings. A lower P/E ratio may suggest that the stock is undervalued.
3. What is the 52-week high and low of ONGC shares?
The 52-week high of ONGC shares is approximately ₹192.40, and the 52-week low is around ₹130.40. This shows the stock’s price range over the past year.
4. Does ONGC offer dividends to its shareholders?
Yes, ONGC offers dividends to its shareholders. The dividend yield is approximately 6.50%, making it an attractive option for dividend-seeking investors.
5. What is the market capitalization of ONGC?
As of the latest data, ONGC has a market capitalization of approximately ₹2.02 Trillion, making it one of the largest companies in the energy sector in India.
6. Is ONGC a good investment for long-term investors?
ONGC is considered a stable company with a strong presence in the oil and gas sector. Its consistent dividend payouts, solid financials, and government backing make it a suitable option for long-term investors, especially those seeking dividend income.
7. What factors influence ONGC’s stock price?
ONGC’s stock price is influenced by several factors, including global crude oil prices, government policies on energy, exploration and production activities, and overall market sentiment.
8. How does ONGC compare to other energy stocks in India?
ONGC is one of the leading energy companies in India, with a dominant market position in oil and gas. Compared to other energy stocks, ONGC offers solid dividends and long-term growth potential, although its performance is closely tied to fluctuations in global oil prices.
9. Can ONGC shares be traded internationally?
ONGC shares are primarily listed on Indian stock exchanges (NSE and BSE). However, international investors can invest in ONGC through Global Depository Receipts (GDRs) or mutual funds that hold Indian equities.
10. What is the future outlook for ONGC?
The future outlook for ONGC depends on global energy demand, oil prices, and its diversification into renewable energy. Analysts project steady growth in the medium to long term, especially with the transition towards cleaner energy sources where ONGC is also making investments.
My name is Akash Yadav, and I am passionate about the world of stock market trading. With over three years of hands-on experience in trading, I have gained a wealth of knowledge and insights into the ever-evolving financial markets.
As a B.Com graduate with a Post Graduate Diploma in Computer Applications (PGDCA), I have combined my educational background with practical trading skills to navigate the complexities of the stock market successfully. My journey in trading has been filled with learning, growth, and numerous experiences that have shaped my understanding of the market dynamics.