ONGC Q1 Results: Profit reduced by 10% due to decline in crude oil, but the share jumped, now the company has taken this big step

Admin — Wed, 13 Aug 2025 15:29:35 +0000

ONGC Quarter1 Results: The public sector company Oil and Natural Gas Corporation (ONGC) declared the first quarter (April-June) results of the current financial year 2025-26 on Wednesday, 30 August 2025. The company’s net profit declined by 10 percent to Rs 8,024 crore, while it was Rs 8,938 crore in the same period a year ago.

According to the company’s statement, the main reason for the decrease in profits is the fall in crude oil prices in the international market and the stable of production from old (mature) oil areas. According to the report, the average sales price of each barrel crude oil extracted from the land and the sea was $ 67.87.

Premium on gas production from new wells

ONGC said that the natural gas emanating from the new wells dug by it gets 20% premium from the APM price fixed by the government. The company said that in the first quarter of FY 2025-26, these wells received revenue of Rs 1,703 crore from gas production, which is Rs 333 crore more than APM price.

New agreement

Meanwhile, ONGC and its subsidiary ONGC Foreign Limited (OVL) have signed an MoU for coordinated marketing works (MOU). The company said that this agreement is the first step towards increasing operations coordination for group companies and customizing marketing efficiency. After the ONGC result, the company’s shares were seen to have a rise and on Wednesday, about 2 percent came up to Rs 239.90.

Also read: Such news came amidst heavy tariffs on India, US President Trump will also be stunned

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Iran-Israel War’s tremendous impact on stock market, this company can rain money only on investors

Admin — Wed, 18 Jun 2025 01:09:43 +0000

Stock Market News: In order to prevent Iran from becoming nuclear power from becoming nuclear power, the important nuclear installations of Tehran were targeted by Israel. For the last five days, a tremendous attack between the two countries is being retaliated. On the one hand, while US President Donald Trump said that Iran should not have nuclear weapons, so about two hundred and fifty people of Iran have died in this war. Around 1500 people have been injured so far. On the other hand, more than 25 people of Israel have died and more than six hundred are said to be injured.

In such a situation, Iran has been threatened with closing the way of Hormuz’s Gulf. If this happens, it can have an impact on countries around the world including India. Amidst all this, there is a situation of tremendous uncertainty in the stock market. If we talk about the Indian stock market, then even here investors are afraid to invest money.

tremendous returns between stress

In such a situation, we are going to tell you about the PSU that can give you great returns and that is ONGC i.e. Oil and Natural Gas Corporation Limited. Brokerage firm Anand Rathi Investment Services has considered it one of the stock giving better returns for June 2025. The firm believes that its stock can show a tremendous rise of fourteen percent within a month. & nbsp;

Recently ONGC shares have now come out at the rate of twenty to twenty five rupees. In such a situation, now a new fast can be seen in this stock. ONGC shares closed at 252.60 on June 17 at 252.60. & nbsp; brokerage firm believes that investors can buy this stock within the radius of 2257 to 253 and hold the target of 290.

193 percent return in 5 years & nbsp;

ONGC shares fell 8.64 percent last year, but if we look at the last five years, then it has given a tremendous return of 193 percent to investors. The 52 week high price of its stock is Rs 344.60

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ONGC SHARE Price Target Archives -

ONGC Q1 Results: Profit reduced by 10% due to decline in crude oil, but the share jumped, now the company has taken this big step

Iran-Israel War’s tremendous impact on stock market, this company can rain money only on investors