ONGC - Supply emerged above 150 in Feb'22

OIL & NATURAL GASNSE

Description

⋅ Nov 23, 2022 1:03 PM

This was after more than 4x up from 40 in Mar'20 (to 180 in Mar'22)

Plan ahead => could consider to Buy above 150
- and/ or Rejections near 100

PB 0.7x
PE 4x
DE 0.5x
ROCE 15%
DivYld 7%

Trend Analysis ONGC