As of October 23, 2025, **ONGC (Oil and Natural Gas Corporation Limited)** closed at approximately **₹252.31**, up about **1.69%** from the previous close of ₹248.12. The stock traded within a day range of ₹249.08 to ₹253.24, indicating positive intraday momentum.
The company has a strong market capitalization of around **₹3.17 lakh crore**. The stock’s **P/E ratio** stands at about **8.8**, reflecting a relatively attractive valuation compared to other large-cap energy peers. Earnings per share (EPS) is approximately ₹28.66.
Technically, ONGC remains in an uptrend, trading above its 50-day moving average (~₹239) and 200-day moving average (~₹241), which serve as significant support levels. Momentum indicators such as RSI suggest the stock has room to move higher without being overbought.
Immediate resistance is around ₹255–₹258, while support is near the 50-day moving average. The medium-term outlook is bullish, supported by stable cash flows, rising crude oil prices, and improved operational efficiency. This makes ONGC a generally attractive stock for investors seeking exposure to the energy sector with a blend of growth and value.
The company has a strong market capitalization of around **₹3.17 lakh crore**. The stock’s **P/E ratio** stands at about **8.8**, reflecting a relatively attractive valuation compared to other large-cap energy peers. Earnings per share (EPS) is approximately ₹28.66.
Technically, ONGC remains in an uptrend, trading above its 50-day moving average (~₹239) and 200-day moving average (~₹241), which serve as significant support levels. Momentum indicators such as RSI suggest the stock has room to move higher without being overbought.
Immediate resistance is around ₹255–₹258, while support is near the 50-day moving average. The medium-term outlook is bullish, supported by stable cash flows, rising crude oil prices, and improved operational efficiency. This makes ONGC a generally attractive stock for investors seeking exposure to the energy sector with a blend of growth and value.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.