Shares of Oil and Natural Gas Corporation (ONGC), on Tuesday, hit a fresh 52-week high of Rs 113.95 after rallying up 7 per cent on the BSE on the back of rising oil prices. Besides, Goldman Sachs Group Inc. predicted prices could advance above $70 in the coming months.
Thus far in the month of February, the stock of the state-owned oil exploration company has rallied 29 per cent, as compared to 8.5 per cent rise in the S&P BSE Sensex.
Analysts at Emkay Global Financial Services reiterate ‘Buy’ rating and ‘Overweight’ stance on ONGC with target price
Thus far in the month of February, the stock of the state-owned oil exploration company has rallied 29 per cent, as compared to 8.5 per cent rise in the S&P BSE Sensex.
Analysts at Emkay Global Financial Services reiterate ‘Buy’ rating and ‘Overweight’ stance on ONGC with target price