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ONGC Share Price Target 2023, 2024, 2025, 2026, 2030

ONGC Share Price Target
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Hello friends, welcome to you in today’s article. Today we will talk about ONGC Limited Company. We are going to give all kinds of important information related to this company. Along with this, we will also tell you what type of stock of this company will be in the coming future. We are going to give detailed information about the returns it can give and what kind of target prices can be seen. If you also want to know, then keep reading this author of ours.

About ONGC Company

If we talk about this company, then this company mainly trades in oil and gas. This is the work of this company. The full name of this company is Oil and Gas Natural Gas Limited. This company was established in 1956. Its headquarters is in New Delhi, India. This company imports and exports oil and gas.

ONGC Share Price Target 2023 

If we talk about the business model of the company, then the business model of the company is very good. The company is among the leading companies in the field of mill and gas production and also produces about 70% of India’s crude oil and natural gas. About 84% of the income comes through this company only and this company has the least profit from this sector.

Looking at the way the company is reducing its stake in the crude oil and natural gas sector, this company seems to be growing a lot and also the company has made a big box of its own, looking at which I can say that It is believed that a lot of growth can be seen in the coming time. Along with this, ONGC Share Price Target can also see very good returns till 2023. Along with this, its first target price can be seen around ₹ 200. This target price will be fulfilled. After this, its second target price can be seen around ₹ 220.

ONGC Share Price Target 2024 

In the recent times, there is a continuous increase in the share of the company. It is also visible that the company works in partnership with its organization and joint ventures. Talking about the partnership of the company, the company has signed a joint venture with MRPL, Opel HPCL and Partnership has also been done through many companies due to which the company is going to work together and earn very good profits.

Looking at the way the business model of the company is reducing and the management is seen partnering with new companies, we can say that we can see a lot of growth in the coming future. ONGC Share Price Target: Very good returns can be seen till 2024, with this its first target price can be seen around ₹ 250, after completion of this target price, its second target price can be seen at ₹ 280.

ONGC Share Price Target 2025 

Considering the way mills and gas are being used at present, the sector may end in the future, but in the future, more and more renewable energy will be used, although the company will be able to do business due to renewable energy. It is not positive for energy efficiency, but keeping in mind its sector, this company is also doing transportation through clean energy, due to which the company is focusing most of its focus on this sector.

Looking at the way the company and management are seen working for the clean energy sector, we can say that a lot of growth can be seen in the coming future and along with this, ONGC Share Price Target will be very good till 2025. Returns can be seen with this, its first target price can be seen around Rs 340 or after completion of the target price, its second target price can be seen.

ONGC Share Price Target 2030 

If we talk about the business model of this company for the future, then this company is not looking good for the investors because the business of mill and gas is not going to do well in the long run and no one is interested in this business. No growth of any kind is going to be seen because renewable energy is going to work in the coming time, due to which there remains a risk of investing too much in this business.

But in the present time, keeping the business in mind, the management is also shifting towards renewable energy, seeing which we can say that in the coming future, this company can grow very well and see very good returns. With this, ONGC Share Price Target can see very good returns till 2030. With this, its first target price can be seen around Rs 720. After completion of this target price, its second target can be seen around Rs 760. Can be seen.

ONGC Share Price Target   

Years ONGC Share Price Target 1stONGC Share Price Target 2nd 
2023₹220₹220
2024₹250₹280
2025₹310₹320
2026₹350₹380
2027₹420₹460
2028₹530₹580
2030₹720₹760

Conclusion 

Today we have talked about ONGC Share Price Target and everything has been explained in details. What type of target prices can be seen in the coming future. We hope you liked the information given by us. We have told you everything. Some are explained step by step and in detail.

FAQ 

When was ONGC company established?

ONGC company was established in 1956.

Where is the head quarter of ONGC company located?

The head quarter of ONGC company is located in New Delhi, India.

What is the main business of ONGC company?

The main business of the company is oil and gas.

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