Hello all, I am here to discuss an interesting topic, i.e. ONGC share price target 2023, 2024 to 2030. If you have landed on this post, you want to know the future prediction. Before discussing the price prediction, we will know the fundamentals and other factors of this company that we have to analyze before investing in any stock. You will get all the information about ONGC, including what ONGC is, the financial trends, and some frequently asked questions at the end of the article.
Stay connected with us till the end, and you may know whether it is worth buying ONGC shares.
About ONGC Company
ONGC, Oil and Natural Gas Corporation. It was founded on 14 August 1956. It is headquartered in New Delhi. This company is a government-based organization. It has a wide product portfolio, including Petrochemicals, Electricity, Natural Gas, LNG, Lubricants, Electricity, and Petroleum. This company is very big, and most people know about this. It has a large market capitalization which is around INR 1,76,942 Cr. Thousands of employees are working in ONGC ( 33,000 approx.).
It is quite a big company with strong fundamentals needed to increase the stock price. If somewhere you are interested in investing in ONGC shares, you should read a complete prediction of the ONGC share price target.
|2019||INR 453,683||INR 30,546|
|2020||INR 424,961||INR 10,804|
|2021||INR 360,464||INR 16,304|
|2022||INR 531,762||INR 45,522|
ONGC Share Price Target 2023 to 2030
|Target Year||Expected Range ( in Rs.)|
ONGC Share Price Target 2023
ONGC is one of the fastest-growing companies in India that produces oil and gas. This company has multiple positive factors, including a big market, strong fundamentals, financially strong, good market reputation, government based company, etc. Day by day, the demand for oil and gas is increasing. So, one thing is clear the future of this company can be good. And it is more likely that its stock price will also increase. Experts predicted that ONGC share price target 2023 could reach INR 170. It can reach INR 190 as the maximum price if everything goes well.
Also Read: NCC Share Price Target 2023 to 2030
ONGC Share Price Target 2024
As we discussed above that it has good fundamentals. If they improve its services and fundamentals, explore the market, etc. Then you will see a hike in ONGC share price target. Most big investors take an interest in investing in ONGC shares. The expected ONGC share price target in 2024 can reach INR 240 as its minimum price and INR 260 as its maximum price. Invest wisely after getting quality knowledge about the stock market, and you can take advice from an expert.
ONGC Share Price Target 2025
If we observe the ONGC business model, it will not be a good option for long-term investors. You will see a decrease in product consumption that ONGC produces. Due to this, its stock price will fall in the upcoming years. So, keep an eye on every aspect of this company. Analyze all the factors that affect stock price from time to time before investing. The expected ONGC share price target 2025 can reach INR 355 as its minimum price and INR 375 as its maximum price.
ONGC, Oil and Natural Gas Corporation has a good business model, and they are spreading their business units that produce renewable energy. HPCL is one of the subsidiaries of ONGC that are making EV charging stations. If we Observe ONGC in this aspect, it can give huge returns to its investors.
Also Read: TV18 Share Price Target 2023 to 2030.
ONGC Share Price Target 2030
ONGC has earned huge profits in the last four years, as shown in the table above. Financially, this company is stable. It has a strong base and can reach higher heights in the future. It will be a good choice for you if you think of a long-term investment. The expected ONGC share price target for 2030 has two targets INR 1200 and INR 1500.
Hey guys, I have discussed the ONGC share price target from 2023 to 2030. This article is just based on prediction. If you are an investor, you can take advice from an expert. After seeing a video on YouTube or reading an article will not be sufficient for you. You have to research for more information about every aspect of a company that affects stock price.
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Also Read: CG Share Price target 2023, 2024, 2025, 2026, 2030
Frequently Asked Questions
Is it worth buying ONGC shares?
ONGC is financially very stable and has good fundamentals. It can reach higher heights in the long run. If you want to invest in it, that’s your choice.
What will be the worth of ONGC in 10 years?
In the next ten years, the expected share price target could range between INR 1800 and INR 2400.
What is the future of ONGC’s share price?
As per the current growth and [ast performance of ONGC, it can give higher returns to its investors.
What will be the ONGC share price in 2025?
The expected ONGC share price target 2025 could range between INR 355 and INR 375.