Oil & Natural Gas Corporation share are down by -2.66%, Nifty up by 0.12%

Ongc Share Price Today : On the last trading day, ONGC opened at 292.7 and closed at 287.8. The stock reached a high of 292.7 and a low of 287.3 during the day.

Livemint
Published11 Sep 2024, 11:19 AM IST
Ongc Share Price Today Live Updates
Ongc Share Price Today Live Updates

At 11 Sep 11:19 today, Ongc shares are trading at price 287.8, -2.66% down from the previous closing price. Sensex is trading at 82030.08, up by 0.13%. The stock has hit a high of 292.7 and a low of 287.3 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

DaysSimple Moving Average
5311.16
10319.59
20324.98
50315.83
100294.65
300266.21

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 299.87, 303.93, & 306.37, whereas it has key support levels at 293.37, 290.93, & 286.87.

Till 11 AM today, the volume traded on NSE & BSE for Oil & Natural Gas Corporation was 159.29% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock's continued downtrend suggests a bearish trend is underway.

From a fundamental analysis perspective, the company has a ROE of 15.88% .The current P/E of the stock is at 8.26 .

The median 1-year forecasted upside in this share is at 14.27% with a target price of 328.875.

The company has a 58.89% promoter holding, 10.86% MF holding, & 8.57% FII holding as per filings in the june quarter.

The MF holding has decreased from 11.06% in march to 10.86% in june.

The FII holding has decreased from 8.88% in march to 8.57% in june quarter.

Oil & Natural Gas Corporation share price down -2.66% today to trade at 287.8 while its peers are mixed. Its peers such as Oil India, Hindustan Petroleum Corporation are falling today, but its peers Reliance Industries, Petronet LNG are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.12% & 0.13% each respectively.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:11 Sep 2024, 11:19 AM IST
Business NewsMarketsOil & Natural Gas Corporation share are down by -2.66%, Nifty up by 0.12%

Most Active Stocks

Axis Bank share price

1,181.30
03:29 PM | 4 OCT 2024
5.85 (0.5%)

Tata Steel share price

166.75
03:56 PM | 4 OCT 2024
-0.2 (-0.12%)

Oil & Natural Gas Corporation share price

295.20
03:58 PM | 4 OCT 2024
3.1 (1.06%)

Tata Motors share price

930.70
03:56 PM | 4 OCT 2024
4.7 (0.51%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

VIP Industries share price

563.85
03:57 PM | 4 OCT 2024
40.8 (7.8%)

Oil India share price

572.25
03:59 PM | 4 OCT 2024
33.4 (6.2%)

JK Paper share price

489.95
03:43 PM | 4 OCT 2024
27.1 (5.86%)

Home First Finance Company India share price

1,245.35
03:40 PM | 4 OCT 2024
63.15 (5.34%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    77,575.00100.00
    Chennai
    77,581.00100.00
    Delhi
    77,733.00100.00
    Kolkata
    77,585.00100.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.88/L0.13
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00

    Popular in Markets

      HomeMarketsPremiumInstant LoanMint Shorts