ONGC stock sits 1.59 percent above its 52-week low at INR 222.00

Published on 10/16/2026 at 16:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ONGC stock costs INR 222.00 on October 16, 2026, down 1.18 percent versus the NSE close. Kotak retained its INR 355 target on October 2, 2026.

Stock falls 1.18 percent on NSE

ONGC stood 1.59 percent above its 52-week low on October 16, 2026.
Kotak Institutional Equities retained its INR 355 fair value for ONGC on October 2, 2026.
ONGC stock costs INR 222.00 on the NSE on October 16, 2026 at 3:28 p.m. IST, down 1.18 percent versus the NSE prior close of INR 224.64 on October 15, 2026.
InvestPane listed a price-to-earnings ratio of 6.4 and November 6, 2026 as the next earnings date.

ONGC, INE213A01029, Illustration mit AI erstellt.

ONGC (INE213A01029) stock stood at INR 222.00 on the NSE on October 16, 2026, 1.59 percent above its 52-week low of INR 218.53. The quote was down 1.18 percent from the NSE prior close of INR 224.64.

Kotak keeps INR 355 fair value

Financial Express reported on October 2, 2026 that Kotak Institutional Equities retained a Buy rating on ONGC and a fair value of INR 355. Against the October 16 NSE price of INR 222.00, that target is 59.91 percent higher. Kotak also identified production visibility, the Western Offshore partnership and higher gas contribution as supports for its view.

Revenue and production remain material

ONGC's official investor page states that fiscal year 2026 profit after tax reached INR 328.94 billion and oil and gas production, including joint ventures, stood at 40.46 million tonnes of oil equivalent. The company said it operates across exploration and production and related oil and gas activities, with more than 23,500 employees. These figures provide the operating scale behind the stock's low valuation.

Price sits near the yearly low

The October 16 NSE range ran from INR 218.53 to INR 307.50 on the 52-week view. The session volume was 10,983,914 shares against an average volume of 11,296,265 shares. The current quote is therefore 1.59 percent above the yearly low and 27.80 percent below the yearly high, calculated from the same INR 222.00 price.

Valuation and November earnings date

ONGC's market capitalization was INR 2.8 trillion on October 16, 2026, while the finance data showed a price-to-earnings ratio of 6.42. InvestPane listed a trailing price-to-earnings ratio of 6.4, a dividend yield of 6.54 percent and November 6, 2026 as the next earnings date.

Comparison with peers

ONGC (NSE, INR): minus 1.18 percent, P/E 6.42, market capitalization INR 2.8 trillion
Oil India (NSE, INR): minus 0.09 percent, P/E 8.66, market capitalization INR 723.8 billion
Indian Oil (NSE, INR): plus 1.20 percent, P/E 5.33, market capitalization INR 1.8 trillion

One dated NSE quote

For investors, the key distinction is between the stock's depressed chart position and the operating scale cited by the company. The next scheduled earnings date is November 6, 2026, while the October 16 quote was INR 222.00 at 3:28 p.m. IST, down 1.18 percent versus the NSE prior close of INR 224.64.