Ongc

140
Date : 21.02.2025
Ongc
Day chart

Head & shoulder, neckline is make or break coz it is in confluence with wedge base

The company has shown a good profit growth of 53.31% for the Past 3 years.
The company has shown a good revenue growth of 23.98% for the Past 3 years.
Company is virtually debt free.
Company has a healthy Interest coverage ratio of 13.99.
The Company has been maintaining an effective average operating margins of 31.57% in the last 5 years.
The company has a good cash flow management; CFO/PAT stands at 1.93.
The company has a high promoter holding of 58.89%.

Regards,
Ankur

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