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ONGC Share Price Target 2024, 2025, 2026 to 2039 With Charts
Oil and Natural Gas Corporation Limited | |||
 | Symbol: ONGC | ||
| Price: ₹331.6 | |||
| Exchange: NSE | |||
| Energy -> Oil & Gas Integrated | |||
Show Table of Contents
Table of Contents
- 1: ONGC Brief Company Overview
- 1.1: Key Highlights
- 1.2: ONGC Financial Performance
- 1.2.1: Is ONGC A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: ONGC Share Price Target For 2024
- 2.1.1: ONGC Share Price Target Table For 2024
- 2.1.2: Summary: ONGC Share Price Prediction For 2024
- 2.2: ONGC Share Price Target For 2025
- 2.2.1: ONGC Share Price Target Table For 2025
- 2.2.2: Summary: ONGC Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: ONGC Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: ONGC Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: ONGC Past Performance
ONGC Brief Company Overview
Oil and Natural Gas Corporation Limited (ONGC): A Corporate Overview
Key Highlights
ONGC is India's largest oil and gas exploration and production company. It has a presence in over 20 countries and has a significant role in fulfilling India's energy needs. With an established history of over three decades, ONGC is committed to responsible and sustainable operations.
Diverse Product Range:
- Crude oil and natural gas
- Petroleum products: refining and marketing
- Liquefied petroleum gas, butane, ethane/propane, naphtha, kerosene oil, low sulphur heavy stock, aviation turbine fuel, mineral turpentine oil, carbon credits, diesel.
- Renewable energy: wind and solar power generation.
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ONGC Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,48,537.19 Crore | Market valuation of ONGC's shares. |
| Revenue (TTM) | 6,43,037.02 Crore | Total revenue generated by ONGC over the past twelve months. |
| Net Income (TTM) | +49,221.37 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 9.21% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 7.65% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +49.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +172% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 41.95 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,53,180.53 Crore | Sum of ONGC's current & long-term financial obligations. |
| Total Cash | 42,069.84 Crore | Total amount of liquid funds available to ONGC. |
| Beta | 0.73 | Beta is less than 1 indicating that the ONGC's price is less volatile than the market. |
Is ONGC A Good Buy For Long Term?
ONGC's recent performance is impressive, with a 172% increase in earnings year-over-year and a robust 101.60% return over the past 12 months. The company's large market capitalization, significant revenue generation, and impressive profit margin (7.65%) are positive indicators. However, a substantial debt of 1,53,180.53 Crore coupled with a relatively low cash balance of 42,069.84 Crore raises concerns about financial stability. While the long-term outlook is promising, investors should carefully consider ONGC's debt burden before making any investment decisions.
To predict the ONGC's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
ONGC Share Price Target For 2024
The line chart displays the monthly closing prices of ONGC with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for ONGC shares in 2024, see the table below.
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ONGC Share Price Target Table For 2024
| ONGC's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 357.33 (+7.75%) | Price Action: Apr 2008 High |
| 2024 Target 2 | 352.62 (+6.33%) | Custom Fibonacci Extension Lvl 23.6% |
| 2024 Target 1 | 348.67 (+5.14%) | Price Action: Mar 2010 Low |
| Current Price | 331.60 | ONGC's 1 share price as of Fri 26 Jul 2024 |
| Stop Loss 1 | 323.75 (-2.37%) | Price Action: Jun 2009 Low |
| Stop Loss 2 | 319.75 (-3.58%) | Price Action: 16 Jul 2024 Low |
| Stop Loss 3 | 316.10 (-4.68%) | Price Action: 25 Jul 2024 Low |
Summary: ONGC Share Price Prediction For 2024
In summary, ONGC has surged by ₹126.55, achieving a notable +61.72% increase from 1st January 2024 to 26 Jul 2024. Our analysis of ONGC for 2024 predicts an additional rise of 5.14% to 7.75% by the end of 2024 with three potential targets T1: 348.67, T2: 352.62, T3: 357.33. Stop Loss at SL1: 323.75, SL2: 319.75, SL3: 316.10.
ONGC has a 52-week high of ₹338.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹168.89, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for ONGC.
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ONGC Share Price Target For 2025
The line chart displays the monthly closing prices of ONGC with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for ONGC shares in 2025, see the table below.
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ONGC Share Price Target Table For 2025
| ONGC's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 469.35 (+41.54%) | Price Action: Chart |
| 2025 Target 2 | 460.60 (+38.9%) | Price Action: Chart |
| 2025 Target 1 | 456.04 (+37.52%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 331.60 | ONGC's 1 share price as of Fri 26 Jul 2024 |
| Stop Loss 1 | 303.00 (-8.63%) | Price Action: Sep 2008 Low |
| Stop Loss 2 | 299.70 (-9.63%) | Price Action: 10 Jul 2024 High |
| Stop Loss 3 | 295.14 (-11%) | Price Action: 11 Jul 2024 Low |
Summary: ONGC Share Price Prediction For 2025
In summary, ONGC has surged by ₹126.55, achieving a notable +61.72% increase from 1st January 2024 to 26 Jul 2024. Our analysis of ONGC for 2025 predicts an additional rise of 37.52% to 41.54% by the end of 2025 with three potential targets T1: 456.04, T2: 460.60, T3: 469.35. Stop Loss at SL1: 303.00, SL2: 299.70, SL3: 295.14.
ONGC has a All-Time high of ₹338.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹168.89, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for ONGC, we have created a specific page for that check here: ONGC Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
ONGC Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of ONGC share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.3% over the next 15 years.
For complete year by year ONGC long term share price target from 2024, 2025 to 2039 check the below table.
ONGC Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | ONGC Target | YoY Change % |
|---|---|---|
| 2024 | ₹331.6 | [Current Price] |
| 2024 | ₹319.58 | -3.63% |
| 2025 | ₹454.34 | 42.16% |
| 2026 | ₹609.4 | 34.12% |
| 2027 | ₹796.07 | 30.63% |
| 2028 | ₹840.55 | 5.58% |
| 2029 | ₹875.79 | 4.19% |
| 2030 | ₹1,040.89 | 18.85% |
| 2031 | ₹1,234.69 | 18.61% |
| 2032 | ₹1,473.82 | 19.36% |
| 2033 | ₹1,452.04 | -1.48% |
| 2034 | ₹1,432 | -1.39% |
| 2035 | ₹1,627.45 | 13.64% |
| 2036 | ₹1,859.99 | 14.28% |
| 2037 | ₹2,151.56 | 15.67% |
| 2038 | ₹2,063.53 | -4.1% |
| 2039 | ₹2,076.05 | 0.6% |
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ONGC Past Performance
- In 1995, ONGC opening price was ₹89.56
- As of Fri 26 Jul 2024 the price stands at ₹331.6.
- This represents a Compound Annual Growth Rate (CAGR) of 4.46%.
- In 29 years, an investment of 10,000 would have become ₹37,025.45.
As we wrap up, we hope you like our study on ONGC share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- ONGC Share Price History
- ONGC Price Target Tomorrow
- ONGC Dividend History
- ONGC Bonus History
- ONGC Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
