How ONGC's Dominant Position In Domestic Market Will Affect Your Portfolio | Know Your Company

In the latest episode of Know You Company we deep dive into the largest crude oil and natural gas company in India ONGC. It enjoys a dominant position in the domestic market, supported by vast hydrocarbon reserves, with its KG Basin asset seeing a ramp-up in production. However, the company faces challenges such as declining production from matured fields and consistent execution delays, which have led to cuts in guidance for new assets. Additionally, its revenues are dependent on volatile spot market prices or fixed pricing, which can impact profitability.

#ongcshareprice #stockmarketnews #ongcshareanalysis
---------------------------------------------------------------------------------------------------------------------------------------------

Follow NDTV Profit here

[nandusachu]

1 ONGC stock is the cheapest and still selling less than Book Value, in Oil & Gas sector, in the world. Less than 3 dollars. Oil production company shares are anywhere between 20 to 120 dollars.
2. It is also a cheapest fortune 500 company, IOC being the cheapest.

[nandakishorpathak]

One should know, where to give priority. what is use of oil discovery at many places. Can india increase oil production by 20 times in very near future ???? if yes then only India can spend money for riverlinking to make all india green and india will feed whole world getting valuable foreign exchange and by saving foreign exchange due to self sufficient in pulses production for all future years. Thus India will concentrate on manufacturing, renewable energy, Infra development and Defence .Thus India can achieve Viksit Bharat status before 2047 Everything will be all right includes jobs creation, inflation, and balance of payment Stock markets will be at peak .. Otherwise it will not achieve it even till 2057