Buy Oil And Natural Gas Corporation, target price Rs 325: JM Financial
Oil And Natural Gas Corporation with a target price of Rs 325. The current market price of Oil And Natural Gas Corporation Ltd. is Rs 288.2.
Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 361745.93 Crore) operating in Gas & Petroleum sector.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 169875.25 Crore, up .15 % from last quarter Total Income of Rs 169628.12 Crore and up 1.89 % from last year same quarter Total Income of Rs 166728.80 Crore. Company reported net profit after tax of Rs 10348.93 Crore in latest quarter.
Promoter/FII Holdings Promoters held 58.89 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.88 per cent, DIIs 18.87 per cent.
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