The Oil and Natural Gas Corporation Ltd or ONGC is one of the leading firms in crude oil and natural gas production in India as they sustain almost 71% of the total domestic output. Established in 1956, ONGC has had a company extensive and important history in exploration where they built eight out of the nine operational basins in India. As of January 27, 2025, the stock value of ONGC was ₹259, with the company’s market capitalization at ₹3,25,515 crores.
Current Stock Details of ONGC
Open: ₹259.00
Previous Close: ₹259.00
Volume: Data not available
Value (Lacs): Data not available
VWAP: Data not available
Beta: Data not available
Market Capitalization: ₹3,25,515 Crores
52-Week High: ₹345.00
52-Week Low: ₹210.00
Upper Circuit Limit: Data not available
Lower Circuit Limit: Data not available
Face Value: ₹5.00
ONGC Share Price Target Forecasts from 2025 to 2030
Year Share Price Target (₹)
2025 300 – 350
2026 350 – 400
2027 400 – 450
2028 450 – 500
2029 500 – 550
2030 550 – 600
These projections are based on ONGC's strong fundamentals, strategic initiatives, and the evolving dynamics of the global energy market.
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Analysis of ONGC Share Price Targets
In 2025 ONGC is expected to grow steadily which will push the share price to somewhere between ₹300 and ₹350.
Here are the contributing factors for this projection:
Production Levels Remain Stable: Keeping the production of crude oil and natural gas steady.
Regional Consumption: Effective energy consumption in India.
Regulatory Framework: Directly supportive of oil production in the country.
By 2026 ONGC's share price is expected to reach ₹350 – ₹400 due to:
Successful Exploration: New oil and gas fields are being explored and developed.
Increase in Technology: Application of new techniques in oil recovery.
Joint Ventures: International oil companies cooperation.
The share price is expected to reach ₹400 – ₹450 in 2027 due to:
Increased Investment: Investment in clean energy sources.
Improved Profits: Increased operational efficiencies lead to lower cost of production.
Foreign Expansion: Investment in foreign properties for higher production.
In 2028, we could expect ONGC share price to be at ₹450 - ₹500, and this is influenced by:
- Global oil prices remain favorable.
- Maximizing output from existing fields.
- All of these factors combined project continued government support for energy sector growth.
In 2029, we could expect ONGC share price to go up to ₹550. This is driven by:
- Implementation of new exploration technologies.
- Commitment to reducing their carbon footprint.
Having a strong balance sheet and consistently increasing dividend payouts is also expected to be beneficial.
By 2030, ONGC share price is expected to reach ₹600, driven by:
- Flawless integration of renewable energy into their portfolio.
- Increased international presence improving revenue.
- A dominant position in the market will also benefit this.
Revenue Structure for ONGC (Past Performance)
FY23: Revenue ₹4,507 Crores | Net Profit ₹154 Crores
FY24: Revenue ₹6,110 Crores | Net Profit ₹178 Crores
Factors Influencing ONGC Share Price Growth
- International crude oil price changes directly affect Oil and Natural Gas Corporation's profit margins.
- Profit margins are increased when additional reserves are found because more revenue is estimated to come in the future.
- Using modern technologies improves the efficiency of production processes.
- Different governments often have irritable approaches that can constrict or loosen the intergovernmental relations between member states.
- Investors who are concerned about the environment are likely to invest in sustainable energy efforts.
FAQs on ONGC Share Price Target
Q1. What is the ginger share price target for 2025?
The ONGC share price target for 2025 is around ₹300 to ₹350.
Q2. What is the target for ONGC share price for 2030?
Similar to 2025, the ONGC share price target for 2030 is also between ₹550 and uncovered say ₹600.
Q3. How does ONGC's share price increase with time?
Major growth drivers include international crude oil price movements, the degree of oil exploration, innovation, and expansion in renewable energy as a business.
Q4. What are the investment risks?
There are many risks with ONGC. These include global crude oil price changes, government policies, and competition from domestic and foreign private oil companies.
Q5. What are the impacts of investment on ONGC share price growth by renewable energy sources?
Investing in renewable energy increases across the world, allowing ONGC to set itself apart from competitors or at the very much minimize risks to its revenue streams. It aligns them with sustainability initiatives, which will likely advance growth in the long term.
Conclusion
ONGC continues to hold a significant position in India’s energy landscape with good prospects from 2025 to 2030. ONGC is bound to grow because of its strong fundamentals, relentless expansion through innovation, and efforts of trust-based partnerships. Though there are challenges like changing international oil prices and regulations, the diversification ONGC is undertaking into renewables and sustainable ventures will balance out the risks.
For those investors looking to benefit from India’s increasing energy consumption coupled with ONGC’s activities, the stock promises good returns in the long term. As is the case with all investments, it is advisable to monitor current market conditions closely and do one’s due diligence.