ONGC Share Price Target From 2026 to 2030

ONGC Share Price Target From 2026 to 2030: ONGC is India’s largest public sector company engaged in crude oil and natural gas exploration. It explores for and enhances oil and gas production in 26 sedimentary basins across the country. It contributes to a large portion of India’s domestic energy production and also focuses on unconventional energy sources such as solar and wind power. Here we will discuss ONGC’s share price target from 2026 to 2030, fundamental analysis, and its shareholding pattern.

ONGC Fundamental Analysis

Market Cap: ₹3,03,814 Cr.
ROE: 9.93%
P/E Ratio: 7.1
P/B Ratio: 0.83
Debt-to-Equity: 0.48
EPS (TTM): 34.03
Dividend Yield: 5.07%
Book Value: ₹292.35
Face Value: ₹5

ONGC Share Price Target 2026

Oil and Natural Gas Corporation (ONGC) is expected to maintain its strong market position as it remains one of India’s largest oil-producing companies. Increasing global energy demand will lead to steady revenue growth, and investments in production capacity will reduce costs. Experts estimate the stock price could reach a minimum of ₹220 to a maximum of ₹250 by 2026, based on the company’s strong fundamentals and government support. Furthermore, new discoveries and drilling projects will boost revenue, further strengthening investor confidence.

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ONGC Share Price Target 2027

ONGC will further expand its international projects, strengthening its presence in the global market and opening up new sources of income. The Indian government’s energy self-reliance policy will significantly benefit the company by reducing its dependence on oil imports. Analysts expect the stock price to range between ₹250 and ₹270 in 2027, depending on the company’s progress over the previous year. Additionally, initiatives in the green energy sector will strengthen environmental compliance and boost investor confidence.

ONGC Share Price Target 2028

New discoveries and technological advancements will reduce production costs, positively impacting profitability. Stable global oil prices will benefit ONGC as export opportunities expand. Market experts estimate the stock’s target price could reach a minimum of ₹270 and a maximum of ₹300 by 2028, driven by the company’s expansion plans. Additionally, additions and partnerships will strengthen the portfolio, leading to increased market share. The investor community will remain enthusiastic as the company’s performance continues to improve.

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ONGC Share Price Target 2029

ONGC will now focus on digital transformation, making operations more efficient and transparent. The company will play a leading role in meeting India’s growing energy needs and secure government contracts. According to estimates, the share price is expected to reach a minimum of ₹300 to a maximum of ₹340 in 2029, driven by economic growth. Additionally, increased gas production will diversify and reduce risk. The company’s financial position will strengthen, improving its debt repayment capacity. This year will prove beneficial for investors as returns are expected to be higher.

ONGC Share Price Target 2030

Long-term, ONGC will remain a major player in the energy sector, with further forays into renewable sources. Amid the global energy transition, the company will maintain its traditional strengths and explore new opportunities. Forecasts indicate that the stock could reach a minimum of ₹350 to a maximum of ₹390 by 2030, based on overall growth. Continued productivity improvements will boost profit margins and deliver healthy returns to shareholders. Its ability to weather market fluctuations will strengthen. Overall, ONGC’s future looks bright, and it will be a strong addition to investment portfolios.

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