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Share Price Targets Energy Nifty50 Sensex

ONGC Share Price Target Tomorrow, 2025 to 2030, 2040, 2050

ByNeeraj Maran
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If you are considering investing in public sector companies, Oil & Natural Gas Corporation Ltd. (BSE, NSE : ONGC) deserves serious attention for your portfolio. As a key player in India’s oil and gas sector, backed by strong government support, ONGC exhibits immense potential for consistent and long-term growth. Based on our detailed analysis, we anticipate the share price to progressively climb to ₹308 by 2025, ₹902 by 2030, ₹2,245 by 2035, ₹5,580 by 2040, and an impressive ₹28,820 by 2050.

Oil and Natural Gas Corporation Limited (BSE, NSE : ONGC) is one of India’s largest and most prominent energy companies, playing a key role in the nation’s oil and gas production. For investors seeking insights into ONGC’s potential growth and performance, understanding its share price targets is crucial. In the blog titled “ONGC Share Price Target Tomorrow, 2025 to 2030, 2040, 2050,” we will conduct a detailed analysis of ONGC’s historical performance and chart patterns.

This includes examining its past price movements, identifying trends, and interpreting key technical indicators. This comprehensive approach will help investors understand how ONGC has performed in various market conditions and what they can expect in the coming years.

  • Chart analysis of ONGC Share Price
  • NIFTY, SENSEX & ONGC : A comparative analysis
  • ONGC Peer Comparison / Competitors analysis
  • ONGC Share Price Long term analysis
  • Time-Frame analysis of ONGC : Hourly, Daily & Weekly
  • Oil & Natural Gas Ltd. (BSE, NSE : ONGC) Key Indicator Values
  • ONGC Share Price Target 2025, 2026, 2027, 2028, 2029
  • ONGC Share Price Target 2030, 2035, 2040, 2050
  • ONGC Share Price Target for 2025 (month-wise)
  • ONGC Share Price Target for 2026 (month-wise)
  • ONGC Share Price Target for 2027 (month-wise)

About Oil & Natural Gas Corp. (BSE, NSE : ONGC)

Company NameOil & Natural Gas Corporation Limited
Stock ExchangeNSE, BSE
Ticker SymbolNSE : ONGC | BSE : 500312, ONGC
HeadquarterDelhi, India
Founded in1956
Market Cap.INR 3.34 Trillion (₹ 3,343,838,200,000)
Revenue(2024)INR 655,259 Crore
Competitors / PeersOil India Ltd. (OIL), Hindustan Oil Exploration Company (HINDOILEXP), Aban Offshore Ltd. (ABAN), Asian Energy Services Ltd. (ASIANENE)
Listing dateBSE & NSE – July 19, 1995
All-time high price345.00 (August 13, 2024)
52-week high345.00 (August 13, 2024)
52-week low223.00 (June 04, 2024)

ONGC Share Price Analysis : SHORT & LONG TERM

Before exploring about ONGC share price targets, we will begin by analyzing its technical chart and evaluating the company’s performance in comparison to major indices such as NSE’s NIFTY50 and BSE’s Sensex. Additionally, this section will provide an in-depth long-term price analysis and a multi-timeframe review of ONGC’s stock.

Chart analysis of ONGC Share Price

In one year ONGC share price chart we can notice that on its First trading day of 2024 (Jan 01, 2024) it OPENED its year at the price of ₹206 & now in the starting of the year 2025, it is trading on ₹265.80 (Jan 21, 2025) showing a positive return of +29.02%. It looks like the golden year for ONGC. In just ONE month, ONGC reached till ₹280 from ₹206. From February to July, ONGC share price traded in a range of ₹285 – ₹250 showing a very little growth till July 2024 but after 04.07.2024 it started moving straight up and created a high of ₹344.70 where bears tried to sell that peak but failed and ONGC again hit a new high of ₹345.00 on August 13,2024. But after touching this peak, ONGC started falling from mid-August till the year end. On 30.12.2024 it created a low of ₹231.15 but now, ONGC is trying to recover its previous values which is likely to continue for some time ahead in 2025.

NIFTY, SENSEX & ONGC : A comparative analysis

Oil & Natural Gas Corporation Limited ( BSE, NSE : ONGC) is included in both the NSE’s NIFTY index and the BSE’s SENSEX index, making it one of the key companies in these benchmarks. Observing the comparative chart above, it is clear that ONGC’s performance closely aligns with that of the SENSEX. Below is a comparative table showcasing the 5-year returns of NIFTY, SENSEX, and ONGC based on their closing prices.

YearNiftySensexONGC
🟢 2024+8.80%+8.17%+16.68%
🟢 2023+20.03%+18.74%+39.73%
🟢 2022+4.33%+4.44%+3.05%
🟢 2021+24.12%+21.99%+53.04%
🔴 2020+14.90%+15.75%-27.76%
(🔴 – Negative Returns , 🟢 – Positive Returns)

During 2020, ONGC gave a negative return of -27.76% but after that, It gave positive investment outcomes to the investors till 2024. In 2021, 2023 & 2024, ONGC outperformed both the indices with a decent margin. Keep reading, below we have got the peer comparison analysis for you.

ONGC Peer Comparison / Competitors analysis

We will compare ONGC to its top competitors. We will see how its peer companies performed year-on-year . Below is the comparative table of Oil & Natural Gas Corp. Ltd. (ONGC), Oil India Ltd. (OIL), Hindustan Oil Exploration Company (HINDOILEXP), Aban Offshore Ltd. (ABAN)’s returns from 2020 to 2024 based on CLOSING Prices.

YearONGCOILHINDOILEXPABAN
2024+16.7%+73.6%+0.6%+21.0%
2023+39.7%+78.7%+32.6%+8.0%
2022+3.0%+4.6%-24.7%-1.5%
2021+53.0%+85.2%+111.5%+72.0%
2020-27.7%-29.8%-4.9%+11.2%
Average Returns+16.9%+42.4%+23.0%+22.1%

Here we can observe that ONGC Ltd. performance is not par to its peer companies if we look at the 5-year average returns. Since , Asian Energy Services Ltd. (ASIANENE) got listed during 2021, we are not comparing it with other peer companies.

ONGC peers comparison

ONGC Share Price Long term analysis

From the given table we can observe that in the previous 5 years, ONGC shares gave DECENT returns to its investors from 2021 till 2024. These percent changes are based on the HIGH price (TARGET) basis.

YearCloseLowHigh% change on High
🟢 2024239.25203.65345.00+43.23%
🟢 2023205.05140.10212.00+8.74%
🟢 2022146.75119.85194.95+12.85%
🟢 2021142.4087.75172.75+29.49%
🔴 202093.0550.00133.40-25.43%
(🔴 – Negative Returns , 🟢 – Positive Returns)

If we take average inflation rate of 6% per annum into account, it can still be considered as OKish returns (ROI) almost ~68% in 5 years. Now we know about the historical price change, its time to dive into how ONGC share might behave in coming days. Let’s analyze it on different timeframes.

Time-Frame analysis of ONGC : Hourly, Daily & Weekly

By analyzing ONGC’s share price through a basic timeframe chart, we can gather key insights that will assist us in determining the final ONGC share price targets : –

Time FrameObservation
ONGC Share Price target hourly chart
View Hourly Chart

(Every candle represents NSE : ONGC share’s trading session of one hour. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular hour)
On hourly time-frame, we can observe that ONGC share is trading above the 21 hour SMA,50 hour, 100 hour and 200 hour SMA. This indicates that the ONGC share price is in a slight Bullish trend for short term.
ONGC Share Price target daily chart
View Daily Chart

(Every candle represents NSE : ONGC share’s trading session of one day. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular day)
On daily time-frame, we can observe that ONGC share is trading BELOW 100 Day and 200 Day SMAs BUT above 21 Day, 50 Day, SMAs. This is the sign given by a stock when it tries to change its direction from Bearish trend to Sideways to Bullish for medium term.
ONGC Share Price target weekly chart
View Weekly Chart

(Every candle represents NSE : ONGC stock’s trading session of one week. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular week)
On the weekly time-frame ONGC share is trading above 100 weeks & 200 weeks SMA BUT below 21 weeks, 50 weeks SMA . This indicates that ONGC share has a mixed sentiment, if we look at it from a very long term perspective.
Technical Analysis for ONGC Share price analysis, SMA – Simple Moving Average as on Jan 21, 2024.

Since there is a POSITIVE perspective shown by SMAs at Hourly time-frame while a Confusing perspective in Daily & Weekly time-frames. But if we closely observe the directions of the SMAs, we can find that ONGC’s direction is POSITIVE in Hourly & Weekly time-frames while NEGATIVE in Daily Timeframe.

Oil & Natural Gas Ltd. (BSE, NSE : ONGC) Key Indicator Values

IndicatorValueInterpretation
Profit Before Income Tax/Share (in Rs.)45.39 (Mar 24)ONGC Ltd.’s PBIT / Share ratio was 49.55 (March 23) & 34.50 (March 22).
Earning-per-Share (EPS)32.21 (FY24)ONGC’s EPS has been increased from 30.86 Rs (FY23) & 32.04 (FY22).
Debt-to-Equity (D/E) ratio0.02 (FY24)ONGC’s D/E ratio improved as compared to previous years 0.03 (FY23,FY22).

ONGC Share Price Target : SHORT & LONG TERM

ONGC Share Price Target 2025, 2026, 2027, 2028, 2029

YearShare Price Target
2025₹ 308
2026₹ 385
2027₹ 482
2028₹ 607
2029₹ 751
ONGC Share Price Target 2025, 2026, 2027, 2028, 2029
  • By 2025, ONGC’s share price is expected to reach ₹308, reflecting a +28.78% increase from its 2024 closing price of ₹239.25.
  • By 2026, the stock could rise further to ₹385, representing a +60.91% gain.
  • By 2027, the share price is projected to climb to ₹482, marking a +101.46% increase.
  • By 2028, the price might continue its growth, reaching ₹607, showing a +153.74% growth.
  • By 2029, ONGC’s share value could hit ₹751, representing a +213.97% gain from its 2024 closing price.

ONGC Share Price Target 2030, 2035, 2040, 2050

YearStock Price Target
2030 ₹ 902
2035 ₹ 2245
2040 ₹ 5580
2050 ₹ 28820
ONGC share price target 2030, 2035, 2040, 2050 (without split)
  • By 2030, ONGC share price target is projected to reach ₹902, delivering a +277.14% return on its 2024 closing price of ₹239.25.
  • By 2035, the stock could climb to ₹2,245, representing a +838.64% gain.
  • By 2040, ONGC’s share value is expected to rise to ₹5,580, marking a +2,233.31% increase from its 2024 closing price.
  • By 2050, looking even further, the share price could soar to ₹28,820, indicating an incredible +12,048.23% growth.

These projections are made without factoring in any potential share splits. They represent the estimated share price targets based on the current overall value of Oil & Natural Gas Corporation Ltd. (ONGC) shares..

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ONGC Share Price Target for 2025 (month-wise)

MonthStock Price Target
January 2025₹ 261
February 2025₹ 272
March 2025₹ 279
April 2025₹ 284
May 2025₹ 288
June 2025₹ 290
July 2025₹ 294
August 2025₹ 302
September 2025₹ 308
October 2025₹ 299
November 2025₹ 292
December 2025₹ 287
BSE, NSE : ONGC Share Price Target for 2025 (month-wise)

As per our analysis of ONGC share price target 2025, we are expecting that the prices may rise up to ₹308, offering an approximate +28.78% return on its 2024’s closing price of ₹239.25. This represents a DECENT return (ROI) for investors.

ONGC Share Price Target for 2026 (month-wise)

MonthStock Price Target
January 2026₹ 296
February 2026₹ 315
March 2026₹ 327
April 2026₹ 334
May 2026₹ 347
June 2026₹ 354
July 2026₹ 368
August 2026₹ 385
September 2026₹ 372
October 2026₹ 368
November 2026₹ 376
December 2026₹ 364
BSE, NSE : ONGC Share Price Target for 2026 (month-wise)

As per our analysis of ONGC share price target 2026, we are expecting that the prices may rise up to ₹385 by 2026, offering an approximate +60.91% return on its 2024’s closing price of ₹239.25.

ONGC Share Price Target for 2027 (month-wise)

MonthStock Price Target
January 2027₹ 379
February 2027₹ 386
March 2027₹ 399
April 2027₹ 412
May 2027₹ 427
June 2027₹ 436
July 2027₹ 451
August 2027₹ 462
September 2027₹ 468
October 2027₹ 474
November 2027₹ 481
December 2027₹ 467
BSE, NSE : ONGC Share Price Target for 2027 (month-wise)

As per our analysis of ONGC share target 2027, we are expecting that the prices may rise up to ₹482, offering an approximate +101.46% return on its 2024’s closing price of ₹239.25.

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Conclusion

In conclusion, Oil and Natural Gas Corporation (BSE, NSE : ONGC) remains a key player in India’s energy sector, backed by a strong market capitalization of ₹3.34 trillion and the revenue of ₹6,55,259 crore in 2024. With an impressive 68% return over the past five years, ONGC has demonstrated steady growth and resilience despite market fluctuations.

As the demand for energy and natural resources continues to rise, ONGC is well-positioned to benefit from strategic expansions, government initiatives, and global energy trends.

36
What's your view on Energy Sector for the Next One Year?

Also, explore our FAQ section for any additional queries, and let us know your thoughts by rating this post. Your feedback and suggestions are always appreciated! 🤑HAPPY INVESTING🤑.

Frequently Asked Questions (FAQs)

  • 1) Is ONGC a good share to buy?

    As per our analysis, we recommend Oil & Natural Gas Corporation Ltd. (BSE, NSE : ONGC) as a DECENT BUY for an investor. Considering its Govt. of India holdings & low competition sector, this company can become a pillar of your portfolio. As they deal in Oil & Gas (ENERGY), there scope for growth is endless.

  • 2) What is the ONGC share price target for 2025?

    ₹308 is the ONGC share price target 2025 which is a ~29% return on 2024’s closing price of ₹239.25, as per our analysis.

  • 3) What is the ONGC share price target for 2050?

    By 2050, the ONGC share price target could be around ₹28,820 (without considering any split).

  • 4) What is the ONGC share price target for 2040?

    ₹5580 (without considering any split) on 2024’s closing price of ₹239.25, as per our analysis. is the ONGC share price target 2040 which is ~2233% return on 2024’s closing price of ₹239.25, as per our analysis.

  • 5) What is the ONGC share price target for 2030?

    As per our analysis, ONGC share target can be a high of ₹902 in 2030.

  • 6) What can be the ONGC share price target tomorrow?

    Since ONGC share’s average daily move is around +/- 1.75%. We can estimate +1.75% or -1.75% of previous day’s close for ONGC share price target tomorrow.

  • 7) What can be the ONGC share price target next week?

    Since ONGC share’s average weekly move is around +/- 3.50%. We can estimate +3.50% or -3.50% of previous week’s close for ONGC share price target next week.

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Disclaimer : Not an Investment Advice

The content shared in the article “ONGC Share Price Target Tomorrow, 2025 to 2030, 2040, 2050” is for general information only. It’s not intended as financial, investment, or professional advice. Always consult a qualified professional—whether legal, financial, or tax-related—before making any investment decisions.

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  • Author
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Neeraj Maran
Neeraj Maran
I am trading financial instruments like Equity shares, F&O, Commodities & sometimes Forex since 2013. During my Post Graduation (MBA-Finance), I got interested in financial markets and started learning it from various sources. I started this blog to share my experience and knowledge with you & to help you in taking informative investment decisions.
Neeraj Maran
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