ONGC Share Price Target 2022, 2025, 2030
The government-owned oil and gas producer, Oil and Natural Gas Corporation (ONGC) is the largest company in India. The company is responsible for over 70% of India’s crude oil production and about 62% of the country’s natural gas production. ONGC has been one of the top performers in the Indian stock market, consistently meeting or exceeding analyst expectations. The company’s share price has more than tripled in the last five years. In this blog post, we will take a look at ONGC’s share price target for 2022, 2025, and 2030. We will also examine the factors that are driving the company’s share price growth.
ONGC Company Details
ONGC is an Indian multinational oil and gas company headquartered in Dehradun, Uttarakhand, India. It is a Public Sector Undertaking (PSU) of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas. It is India’s largest oil and gas exploration and production company.
In 2017-18, it produced 1.7 million tonnes of oil equivalent per day from its various fields in India. This made it the second-largest producer of crude oil in Asia after China National Petroleum Corporation (CNPC). ONGC has been ranked 486th in the Fortune Global 500 list of the world’s biggest corporations as of 2018.
ONGC Financial Performance
ONGC has been one of the most profitable companies in India for several years now. In the last fiscal year, it posted a net profit of Rs 26,931 crore, up from Rs 25,609 crore in the previous year. This was despite a decline in revenues, which came in at Rs 1,88,329 crore as against Rs 2,06,011 crore in the previous year.
The company’s strong performance was driven by higher oil and gas prices as well as cost-cutting measures. Its operating expenses fell by 3.5% to Rs 1,23,531 crore while its depreciation and amortization charges also declined.
Looking ahead, ONGC is expected to continue its strong performance on the back of rising oil and gas prices as well as continued cost-cutting measures. It is also likely to benefit from the government’s push to boost domestic oil and gas production.
ONGC Analyst Recommendations
“1. ONGC Analyst Recommendations
ONGC is India’s largest oil and gas exploration and production company. The company has a strong track record of oil and gas discoveries, and its shares have outperformed the Sensex by a wide margin over the past five years.
Despite this strong performance, ONGC shares have come under pressure in recent months due to weak crude oil prices and concerns about the company’s high debt levels. However, analysts believe that ONGC shares are attractive at current levels, as the company is well-positioned to benefit from rising crude oil prices in the coming years.
Analysts have also highlighted ONGC’s strong dividend yield as another key reason to buy the stock. The company currently offers a dividend yield of 4%, which is significantly higher than the average dividend yield of blue-chip stocks on the BSE Sensex index.”
ONGC Long-Term Investment
The current ONGC share price is Rs. 140, up from the Rs. 134 seen last week. This rally comes on the back of the government’s recent announcement that it will sell a 10% stake in the company.
With the government looking to raise around Rs. 30,000 crores through this stake sale, it is clear that they believe that ONGC is a good long-term investment. And given the company’s strong financials and growth prospects, we believe that the share price could go even higher in the coming months.
So, if you are looking for a good long-term investment option, then ONGC could be a good choice for you.
ONGC Share Price Dividend & Bonus History

ONGC has a long and rich history of paying dividends and bonuses to shareholders. The company has paid out dividends regularly since its listing on the stock exchange in 1995 and has also declared special dividends and bonuses on several occasions.
In recent years, ONGC has been paying out an annual dividend of Rs 10 per share, with a face value of Rs 5 each. This works out to a dividend yield of 2%. In addition, the company has also declared special dividends and bonuses on several occasions.
For instance, in 2016-17, ONGC paid out a total dividend of Rs 13.50 per share, which included a special dividend of Rs 3 per share. In 2017-18, the company again paid out a total dividend of Rs 13.50 per share, which included a special dividend of Rs 2 per share.
In 2018-19, ONGC increased its annual dividend to Rs 15 per share. The company also declared a special dividend of Rs 5 per share during the year. Thus, over the last three years, ONGC has given shareholders a total return of nearly 8% annually.
ONGC Share Price Target for 2022
ONGC is India’s largest oil and gas producer, and the share price target for 2022 reflects this. The company has a strong balance sheet, with a large cash position and low debt levels. This gives it the flexibility to weather any short-term volatility in the oil market. In addition, ONGC has significant growth potential, both in terms of production and reserves.
Analysts expect ONGC’s share price to reach Rs 150 by 2022. This would represent a significant increase from the current level of around Rs 350.
ONGC Share Price Target for 2023
The current ONGC share price is Rs 274.85. The company has a strong history of dividend payments, with an annualized dividend yield of 5.92%.
Assuming a 10% discount rate and a terminal growth rate of 3%, we arrive at a target price of Rs. 373 for 2023.
This target price represents a potential upside of 113% from the current share price. We believe ONGC is a good long-term investment option with a decent margin of safety.
ONGC Share Price Target for 2025
Looking at the current market trend, it is estimated that the ONGC share price target for 2025 will be Rs. 500. This target is based on the expected growth of the company as well as the current market scenario. However, this is just an estimate and the actual price may vary depending on various factors.
ONGC Share Price Target for 2030
ONGC’s share price target for 2030 is set at Rs 505 per share. The company’s shares are currently trading at Rs __735___ per share.
Assuming a growth rate of _15___% per annum, the shares are expected to reach the target price of Rs ___500_ by 2030.
ONGC is India’s largest oil and gas exploration and production company. It has a strong presence in both upstream and downstream segments of the oil and gas industry.
The company has been growing steadily over the past few years and is expected to continue its growth momentum in the future. This, coupled with its strong fundamentals, makes it a good long-term investment option.
Year | Share Price Target |
2023 | 150-190 |
2024 | 200-250 |
2025 | 230-270 |
2030 | 400 |
2035 | 650 |
2040 | 755 |
2050 | 1050 |
Note: the share price target for ONGC as it depends on various market factors and projections that are constantly changing. It’s best to consult a financial advisor for the latest and most accurate predictions.