Ongc Share Price Today on 05-11-2024: At 05 Nov 16:00 today, Ongc shares are trading at price ₹267.4, 0.81% up from the previous closing price. Sensex is trading at ₹79476.63, up by 0.88%. The stock has hit a high of ₹268.65 and a low of ₹263.65 during the day.
On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 265.65 |
10 | 267.88 |
20 | 277.59 |
50 | 294.23 |
100 | 298.49 |
300 | 281.36 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹269.42, ₹271.53, & ₹274.42, whereas it has key support levels at ₹264.42, ₹261.53, & ₹259.42.
Till 4 PM today, the volume traded on NSE & BSE for Ongc was -35.47% lower 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 is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 15.88% & ROA of 8.60% respectively.The current P/E of the stock is at 7.41 .
The median 1-year forecasted upside in this share is at 23.41% with a target price of ₹330.00.
The company has a 0.00% promoter holding, 10.52% MF holding, & 8.12% FII holding as per filings in the september quarter.
The MF holding has decreased from 10.86% in june to 10.52% in the september quarter.
The FII holding has decreased from 8.57% in june to 8.12% in the september quarter.
Ongc share price has gained 0.81% today to trade at ₹267.4 in resonance with its peers. Its peers such as
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