India's ONGC advances after Q1 profit beat

** Shares of Oil and Natural Gas Corp ONGC up 2.1%

** ONGC, late on Monday, reported a Q1 profit that topped estimates due to strong domestic demand and higher prices

** Motilal Oswal says ONGC's realisation of $83.05/barrel met its expectations

** ONGC and other oil explorers rated "buy" on avg -LSEG data

** Stock's YTD gains of 54% is second-highest on blue-chip Nifty 50 index NIFTY