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The ONGC stock quote has shown a steady growth over the years, with a net profit of ₹21,946 crore in 2020-21.
The company's revenue from operations has consistently been around ₹1.2 lakh crore.
ONGC has been successful in reducing its debt, with a debt-to-equity ratio of 0.21 in 2020-21.
The company has also been making efforts to increase its oil and gas production, with a production of 22.9 million metric standard cubic meters per day in 2020-21.
Financials
The Oil and Natural Gas Corporation (ONGC) financials are a crucial aspect of evaluating the stock's performance. Quarterly P&L, Annual P&L, Balance Sheet, Cash Flow, and Ratios are all essential components to consider.
The 200-day moving average for ONGC stock is ₹266.04. This provides a baseline for investors to gauge the stock's performance over time.
ONGC's quarterly results show a consistent trend in sales, with a high of ₹182,894 crores in June 2022 and a low of ₹122,066 crores in September 2021. Expenses have also fluctuated, ranging from ₹104,270 crores to ₹164,041 crores during the same period.
Here's a breakdown of ONGC's quarterly results:
These financial metrics provide a comprehensive view of ONGC's performance and can help investors make informed decisions about the stock.
Financials
The Oil and Natural Gas Corporation's financials are a fascinating topic. The company's quarterly P&L is a crucial aspect of its financial performance.
In the quarterly P&L, we can see that the 200-day moving average is ₹266.04.
The company's consolidated figures in Rs. Crores show a steady increase in sales over the years. Sales have grown from ₹122,066 in Sep 2021 to ₹168,025 in Sep 2024.
Expenses have also increased, but at a slower rate. In Sep 2021, expenses were ₹104,270, while in Sep 2024, they were ₹137,834.
The operating profit margin (OPM) has fluctuated between 8% and 19% over the years. In Sep 2021, the OPM was 15%, while in Sep 2024, it was 13%.
Here's a breakdown of the company's profit before tax and net profit over the years:
The company's earnings per share (EPS) have also fluctuated over the years. In Sep 2021, the EPS was ₹14.35, while in Sep 2024, it was ₹8.17.
Investment Returns
Investment Returns can be a tricky thing to wrap your head around, but let's break it down simply. Over the past 1 month, the investment has actually done quite well, returning a positive 4.97%.
The 1-year return is also impressive, with a gain of 6.25%. This is a significant positive return, especially in today's market.
However, it's worth noting that there have been some fluctuations in the investment's value over the past few months. For example, the 3-month return was a negative 5.82%, which is a significant drop.
To get a better sense of the investment's performance, let's take a look at its key metrics:
These metrics give us a snapshot of the investment's current state and can help us make more informed decisions about our portfolio.
Price Volatility
ONGC's price volatility is a key consideration for investors. The company's average weekly movement is 4.1%, which is lower than the oil and gas industry average of 5.8% and the market average of 6.2%.
This stability is a positive sign for investors, suggesting that ONGC's stock price is less prone to sudden fluctuations. Over the past year, ONGC's weekly volatility has remained stable at 4%.
To put this in perspective, the 10% least volatile stocks in the Indian market have an average weekly movement of 4.2%. In contrast, the 10% most volatile stocks have an average weekly movement of 9.0%.
Here's a comparison of ONGC's volatility with the industry and market averages:
This data suggests that ONGC's stock price is relatively stable compared to the industry and market.
Investment Analysis
The ONGC stock quote is a great option for investors looking for a good value compared to its peers and industry.
Trading at a good value is a significant advantage as it indicates that the stock is undervalued, making it a potentially attractive investment opportunity.
This is reflected in the rewards section of the analysis, where it's mentioned that ONGC is trading at good value compared to its peers and industry.
Consensus Recommendations
Based on the analysis, the consensus recommendations are not overwhelmingly positive. The company's annual revenue de-growth of -6% needs improvement.
The stock's technical strength is poor, as it's trading below its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move.
From an O'Neil Methodology perspective, the stock has a POOR score in terms of earnings consistency and underperformance compared to other stocks. The EPS Rank is 53, the RS Rating is 39, and the Group Rank is 171, all of which indicate poor performance.
The stock's fundamentals are also a concern, with a reasonable debt to equity ratio of 23% but a pre-tax margin of 13% and return on equity (ROE) of 14% that could be improved.
Company Performance
The current share price of ONGC is ₹248.68, which is a significant drop from its 52 Week High of ₹345.00.
The 52 Week Low is a more recent concern, standing at ₹223.00, indicating a downward trend in the company's performance.
The 1 Month Change is a positive 4.97%, while the 3 Month Change is a negative 4.96%, showing some volatility in the market.
Here are the key changes in the company's performance over different time periods:
About the Company
Oil and Natural Gas Corporation Limited has been around since 1993. The company has a significant presence in India and internationally, with a workforce of 25,847 employees.
Arun Singh is the CEO of the company, providing leadership and direction to the organization. The company's website is www.ongcindia.com, where you can find more information about their operations and services.
The company operates through two main segments: Exploration and Production, and Refining & Marketing.
Performance
The company's share price has been quite volatile over the past year, with a 52 Week High of ₹345.00 and a 52 Week Low of ₹223.00.
The current share price is ₹248.68, which is a significant drop from the 52 Week High. However, it's still higher than the 52 Week Low.
In just one month, the share price has increased by 4.97%, a notable improvement. Over the past three months, the share price has decreased by 4.96%, a relatively small drop.
Over the past year, the share price has remained relatively stable, with a 1 Year Change of -0.21%. In contrast, the share price has increased significantly over the past five years, with a 5 Year Change of 134.27%.
Here's a summary of the company's share price performance over the past few years:
The volume of shares traded has been significant, with 8,029,472 shares changing hands recently. The open price was ₹250, and the previous close was ₹251.
Discover more: What Are Stock Shares
Market Outlook
ONGC's Market Outlook is quite promising, given its status as India's largest oil and gas exploration and production company.
As a major player in the industry, ONGC operates across exploration, refining, and distribution, supplying crude oil, natural gas, and petroleum products domestically and internationally.
Its vast reach and operations make it a significant contributor to the country's energy sector.
ONGC is responsible for supplying crude oil, natural gas, and petroleum products domestically and internationally, making it a crucial player in the global energy market.
By operating across exploration, refining, and distribution, ONGC has established itself as a leading force in the industry.
Discover more: Energy Stocks
Frequently Asked Questions
What is the price target for ONGC in 2025?
The estimated price target for ONGC is between 215.00 INR and 410.00 INR, with a maximum estimate of 410.00 INR. Analysts predict a price target of 310.54 INR as a likely estimate.
Is ONGC overvalued or undervalued?
ONGC is currently undervalued, with a 46% difference between its intrinsic value and market price. Learn more about the company's valuation and potential growth opportunities.
What is the issue price of ONGC IPO?
The issue price of ONGC IPO is Rs. 750 per equity share. This is the price at which the company's shares will be sold to the public.
Sources
- https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/oilnaturalgascorporation/ONG
- https://simplywall.st/stocks/in/energy/nse-ongc/oil-and-natural-gas-shares
- https://www.livemint.com/market/market-stats/stocks-oil-natural-gas-corporation-share-price-nse-bse-s0003030
- https://www.screener.in/company/ONGC/consolidated/
- https://www.5paisa.com/stocks/ongc-share-price
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