Sunday , Nov. 24, 2024, 9:36 p.m.
News thumbnail
Business / Mon, 08 Jul 2024 The Economic Times

ONGC stocks: Buy Oil And Natural Gas Corporation, target price Rs 325: JM Financial

ETMarkets.com Promoters held 58.89 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.88 per cent, DIIs 18.87 per cent. Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 361745.93 Crore) operating in Gas & Petroleum sector. FinancialsFor the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 169875.25 Crore, up .15 % from last quarter Total Income of Rs 169628.12 Crore and up 1.89 % from last year same quarter Total Income of Rs 166728.80 Crore. Company reported net profit after tax of Rs 10348.93 Crore in latest quarter. (You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channel JM Financial has buy call on Oil And Natural Gas Corporation with a target price of Rs 325.

ETMarkets.com Promoters held 58.89 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.88 per cent, DIIs 18.87 per cent.

Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 361745.93 Crore) operating in Gas & Petroleum sector.

Financials

For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 169875.25 Crore, up .15 % from last quarter Total Income of Rs 169628.12 Crore and up 1.89 % from last year same quarter Total Income of Rs 166728.80 Crore. Company reported net profit after tax of Rs 10348.93 Crore in latest quarter.

Promoter/FII Holdings

Promoters held 58.89 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.88 per cent, DIIs 18.87 per cent.

(You can now subscribe to our

(You can now subscribe to our ETMarkets WhatsApp channel JM Financial has buy call on Oil And Natural Gas Corporation with a target price of Rs 325. The current market price of Oil And Natural Gas Corporation Ltd. is Rs 288.2.Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 361745.93 Crore) operating in Gas & Petroleum sector.For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 169875.25 Crore, up .15 % from last quarter Total Income of Rs 169628.12 Crore and up 1.89 % from last year same quarter Total Income of Rs 166728.80 Crore. Company reported net profit after tax of Rs 10348.93 Crore in latest quarter.Promoters held 58.89 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.88 per cent, DIIs 18.87 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

logo

Stay informed with the latest news and updates from around India and the world.We bring you credible news, captivating stories, and valuable insights every day

©All Rights Reserved.