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ONGC

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--%
1d
1w
1m

Analysis and statistics

  • Open
    238.2679$
  • Previous Close
    240.4043$
  • 52 Week Change
    115.02$
  • Day Range
    -2.14$
  • 52 Week High/Low
    205$ - 320.0241$
  • Dividend Per Share
    0
  • Market cap
    2 997 998 M$
  • EPS
    6.38
  • Beta
    0.383
  • Volume
    --

About

ONGC.NSE refers to the stock of Oil and Natural Gas Corporation Limited, which is traded on the National Stock Exchange of India (NSE). ONGC is a major Indian multinational crude oil and gas company. The symbol "ONGC" is the ticker symbol used to identify the company's stock, and ".NSE" signifies that the stock is listed and traded on the National Stock Exchange. So, buying or selling ONGC.NSE means you are trading shares of Oil and Natural Gas Corporation Limited on the Indian stock market.

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Factors

Crude Oil Prices: ONGC's profitability is directly linked to global crude oil prices. Higher oil prices generally translate to higher revenue and profits for ONGC.

Government Policies: Policies related to oil exploration, production, and pricing by the Indian government significantly impact ONGC's operations and financial performance.

Production Volume: The quantity of oil and gas produced by ONGC influences its revenue. Declining production can negatively affect investor sentiment.

Exploration Success: Discovering new oil and gas reserves enhances ONGC's long-term value and can drive up stock prices.

Rupee-Dollar Exchange Rate: A weaker rupee can benefit ONGC as its revenue from oil sales is often denominated in US dollars.

Global Economic Conditions: Overall economic health affects demand for oil and gas, thus influencing ONGC's sales and profitability.

Competition: The performance of other oil and gas companies, both domestic and international, can impact investor perceptions of ONGC.

Regulatory Environment: Environmental regulations and compliance costs can affect ONGC's operational expenses and investment decisions.

Market Sentiment: General investor mood and risk appetite in the stock market can cause price fluctuations in ONGC shares.

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