On January 8, Indian benchmark indices including Nifty were trading in the green around 23,780.00. In the morning session, the Sensex was up 307.99 points or 0.40 per cent at 78,268.38 and the Nifty was up 130.70 points or 0.58653 per cent. In it, this investment is sitting by keeping an eye on the percentage in Nifty, Senses.
1.NATURAL GAS AND OIL CORPORATION LTD
Oil and Natural Gas Corporation Limited explores, develops and produces crude oil, natural gas and value-added products in India, as well as oil and gas field acquisition, development and production outside India, downstream, petrochemicals and power generation, although stocks. is the most volatile. The chance of damage is also very less. 2025 is a big change in the new company India. Outside company and inside company are operating outside the country.
With a market capitalization of Rs 3.33 lakh crore, the stock was trading at Rs 265.80 per share, up about 4.52 percent from the previous closing price of Rs 254.30 per share.
According to the brokerage, ONGC shares will see various volume and realization triggers in 2025, including rising production from the East Offshore region. This will increase ONGC's domestic oil and gas production by 10% and 20% respectively by the end of the year. Moreover, removal of windfall tax would allow ONGC to earn more than $75/bbl if crude recovers.
CLSA, one of the leading brokerages globally, gave a 'buy' call on the refinery stock with a target price of Rs 360 each, indicating a potential upside of 26 per cent from Tuesday's price of Rs 265.80 per share.
No comments:
Post a Comment