ONGC Share Price Target 2025, 2030, 2040, 2050

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Oil and Natural Gas Corporation Limited is India’s biggest crude oil and natural gas business, vital to the energy industry. Many investors and market experts are intrigued about this state-owned enterprise’s future share price goals.

ONGC share price projections for 2024, 2025, 2030, 2040, and 2050 are examined in light of several variables that may affect its stock performance.

What is Oil and Natural Gas Corporation Ltd NSE: ONGC?

ONGC is an Indian multinational crude oil and gas business. Founded in 1956, it is a government agency under the Ministry of Petroleum and Natural Gas. ONGC explores and produces crude oil, natural gas, and value-added products. Through ONGC Videsh, ONGC engages throughout the hydrocarbon value chain locally and abroad.

ONGC Share Price Target Tomorrow

Its stock price has been going up and down, and experts think it might rise in the future. But right now, the stock is below a key point, which could mean it might keep falling. So, it’s a good idea for investors to be careful and keep an eye on the market before making any choices.

DayMinimum Price (Rs)Maximum Price (Rs)
Tomorrow-11+19

ONGC Share Price Target 2025

The global oil market should remain stable, which will allow this company to generate good revenue. The company is focusing on increasing its oil production, while also working on improving its technology and reducing costs, which will help it earn more profits. It is expanding in both local and international markets and is looking for new areas to explore for oil and gas. The company is forming strong partnerships with global energy companies, which will help it grow further. As it continues to improve its operations and exploration, its share price is expected to rise. In 2025, its share price target would be ₹372 as per our analysis.

By our prediction, its share price would be between ₹130 to ₹372 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
2025130372
MonthMinimum Price  (Rs)Maximum Price (Rs)
January230280
February217271
March190250
April178210
May130158
June143190
July178210
August190245
September230288
October256310
November287346
December320372

ONGC Share Price Target 2026

The company is expected to discover new oil and gas reserves, which will lead to higher production and better profits. Natural gas is becoming a more important energy source, and this company is investing more in gas projects, which will contribute to the company’s overall growth. At the same time, it is also investing in renewable energy projects, such as solar and wind, which will help it diversify and stay ahead in the energy market. As the company continues to grow its mix of oil, gas, and renewable energy, it will likely see an increase in its share price. In 2026, its share price target would be ₹480 as per our analysis.

By our analysis, its share price would be between ₹200 to ₹480 in 2026.

YearMinimum Price (Rs)Maximum Price (Rs)
2026200480
MonthMinimum Price  (Rs)Maximum Price (Rs)
January320388
February280308
March200230
April218265
May250288
June273298
July280308
August297329
September310358
October342388
November365449
December428480

Share Price Target 2027

The global demand for oil and natural gas is expected to keep increasing, especially in developing countries, and this company is in a good position to benefit from this. The company’s ongoing efforts to discover new reserves and improve its exploration techniques will help increase its production. It is also investing in new technologies that make its production processes more efficient, which will improve its profit margins. As the company focuses more on renewable energy sources, such as wind and solar, it will become more competitive in the market. In 2027, its share price target would be ₹602 as per our prediction.

Its share price would be between ₹300 to ₹602 in 2027, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
2027300602
MonthMinimum Price  (Rs)Maximum Price (Rs)
January428510
February390418
March350375
April338356
May300354
June338378
July360390
August378430
September390478
October428560
November490580
December560602

Share Price Target 2028

The company is likely to see more profits due to an increase in oil and gas production from discoveries. Additionally, its investments in renewable energy projects will start to pay off, bringing in extra income. As the world moves toward cleaner energy, its natural gas production will play a larger role, and demand for it is expected to grow. The company’s strategy to balance its traditional energy operations with renewable energy sources will help it continue performing well in a changing market. As its operations and profits grow, its share price should keep rising. In 2028, its share price target would be ₹745 as per our analysis.

By our analysis, its share price would be between ₹409 to ₹745 in 2028.

YearMinimum Price (Rs)Maximum Price (Rs)
2028409745
MonthMinimum Price  (Rs)Maximum Price (Rs)
January560612
February521550
March480511
April452470
May409450
June438478
July461560
August489590
September546630
October590675
November643710
December690745

Share Price Target 2029

Its share price is expected to increase even further. Global energy demand is rising, and it is well-positioned to take advantage of this due to its large production capacity. The company’s expansion into new markets, both at home and abroad, will also help boost its growth. Additionally, its growing investments in green energy, like solar and wind, will support its long-term growth.  In 2029, its share price target would be ₹860 as per our prediction.

Its share price would be between ₹522 to ₹860 in 2029, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
2029522860
MonthMinimum Price  (Rs)Maximum Price (Rs)
January690766
February654690
March610650
April555590
May522570
June554610
July589646
August625680
September658720
October680760
November745810
December788860

ONGC Share Price Target 2030

This company is expected to become even stronger in the energy market. The company’s efforts to reduce its carbon emissions and improve energy efficiency will make it a more attractive option for investors. It is also focused on adopting new technologies to improve oil and gas production, lowering its costs and increasing its profits. As the company moves forward with its clean energy goals, the combination of these efforts will give steady growth. In 2030, its share price target would be ₹960 as per our analysis.

By our analysis, its share price would be between ₹650 to ₹960 in 2030.

YearMinimum Price (Rs)Maximum Price (Rs)
2030650960
MonthMinimum Price  (Rs)Maximum Price (Rs)
January788878
February732755
March690730
April650700
May687730
June708756
July730775
August756790
September775810
October790870
November856930
December918960

Share Price Target 2040

It made investments in renewable energy sources like solar, wind, and hydrogen, which will support its growth. The company’s focus on reducing its carbon footprint and producing cleaner energy will help it stay competitive in an energy market that is becoming more environmentally conscious. As it expands into global energy markets, especially in countries with growing energy needs, its revenue will continue to rise. With an increasing global demand for energy and ONGC’s focus on green energy, its share price is expected to continue rising. In 2040, its share price target would be ₹2266 as per our prediction.

Its share price would be between ₹1720 to ₹2266 in 2040, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
204017202266
MonthMinimum Price  (Rs)Maximum Price (Rs)
January17201788
February17501800
March17781810
April17901823
May18081854
June18261875
July18541930
August18751976
September19462021
October19902189
November20782230
December21902266

Share Price Target 2050

The company’s focus on green technologies, such as hydrogen production and carbon capture, will make it a leader in the energy industry. The company will continue adapting to the world’s shift towards cleaner energy while maintaining its position as a major oil and gas provider. As it invests in new technologies and renewable energy, its strong focus on sustainability will help it grow and stay competitive. The company’s energy portfolio will lead to substantial growth in its share price. In 2050, its share price target would be ₹4160 as per our analysis.

By our analysis, its share price would be between ₹3625 to ₹4160 in 2050.

YearMinimum Price (Rs)Maximum Price (Rs)
205036254160
MonthMinimum Price  (Rs)Maximum Price (Rs)
January36253687
February36563730
March36903765
April37323780
May37553860
June37883878
July38203890
August38653925
September38904056
October39464089
November40364130
December41024160

Should I buy ONGC stock?

YearMinimum Price (Rs)Maximum Price (Rs)
2025130372
2026200480
2027300602
2028409745
2029522860
2030650960
204017202266
205036254160

When investing in ONGC, examine the pros and downsides. To aid your judgment, consider these data: ONGC’s recent financial performance has been excellent. The company revenue increased 17.2% from ₹4,53,461 crore in FY2021 to ₹5,31,315 crore in FY2022. Net profit increased significantly from ₹11,246 crore to ₹40,306 crore during the same time. Income-focused investors like ONGC 4.09% dividend yield. The company’s 0.45 debt-to-equity ratio implies financial stability and a robust balance sheet. Investors should also examine global oil price volatility and ONGC profitability. The company’s success depends on worldwide crude oil prices, which fluctuate owing to geopolitical and economic factors.

Oil and Natural Gas Corporation Earning Results

QuarterRevenue (₹ Cr)Net Profit (₹ Cr)EPS (₹)
Q1 FY20241,67,2769,9367.90
Q4 FY20231,59,28210,0157.96
Q3 FY20231,58,12811,0458.78
Q2 FY20231,51,84612,82610.20

Fundamental Table

MetricValue
Market Cap₹376,548 Crore
P/E Ratio8.38
Book Value₹244.23
Dividend Yield4.09%
ROCE19.12%
ROE15.70%
Debt to Equity0.45
Promoter Holding58.89%
EPS (TTM)₹35.76

Key Metrics

FY PE RatioPB Ratio Dividend Yield
7.531.024.16%
Sector PE Sector PB Sector Div Yld
13.811.801.86%

Peers & Comparison

StockPE RatioPB RatioDividend Yield
Oil and Natural Gas Corporation Ltd7.531.024.16%
Oil India Ltd15.801.901.57%
Hindustan Oil Exploration Company Ltd13.742.65—
Asian Energy Services Ltd64.798.27—

Expert Forecasts on the Future of Oil and Natural Gas Corporation

Industry analysts are divided about ONGC’s future. Analysts like the company’s production increases and oil and gas field exploration. They say ONGC’s local solid footprint and worldwide development via ONGC Videsh position it for growth. Some experts worry about fossil fuel-based firms’ long-term survival in light of the worldwide drive toward renewable energy. They stress that ONGC must diversify and invest in sustainable energy to be competitive in the shifting energy scenario.

Many observers agree that ONGC’s strong market position and government support provide some stability despite energy transition concerns. However, the company’s long-term success depends on its exploration activities and capacity to adapt to shifting energy dynamics.

Is ONGC stock good to buy? (Bull case & Bear case)

Bull Case:

  • Strong oil and gas market position in India
  • Regular dividends and high-yield
  • Government support and energy security strategy for India
  • New oil and gas finds might boost output.
  • Low value relative to peers internationally

Bear Case:

  • Global oil price volatility vulnerability
  • Focusing on renewable energy may affect fossil fuel consumption.
  • Intervention by the government in pricing and investment
  • Possible environmental and regulatory issues
  • Domestic private sector competition

Conclusion

ONGC’s share price will depend on its ability to adapt to the shifting energy environment, control costs, and seize fresh exploration possibilities. The corporation’s worldwide transition toward renewable energy challenges it, but its strong market position and strategic relevance to India’s energy security give it a stable basis.

The unpredictable oil and gas business should be weighed against the prospect of regular dividend income from ONGC. Those interested in India’s energy industry and the company’s capacity to adapt may like the stock. Before investing in ONGC or any other stock, you should study, consider your financial objectives and risk tolerance, and speak with a financial professional.

FAQs

ONGC focuses on oil and gas exploration, production, refining, and value-added products.

Global oil prices and market factors have affected ONGC stock volatility, but its dividend yield has remained constant.

It is essential to global oil prices, India’s energy consumption, the company’s exploration achievements, and its response to energy changes.

ONGC may be an excellent long-term investment for India’s energy sector, but investors should be cautious of the unpredictable oil and gas market.

Major dangers include oil price volatility, political meddling, environmental concerns, and the long-term move to renewable energy.

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