ONGC Share Price: Gas pe focus, Oil ke naate bhi profit ka dhamaka!

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AuthorKavya Nair|Published at:
ONGC Share Price: Gas pe focus, Oil ke naate bhi profit ka dhamaka!
Overview

Arre bhaiyo, ONGC ne Q3 FY26 mein kamaal kar diya! Inka consolidated profit **23%** badh kar **₹11,946 crore** ho gaya hai. Ye sab natural gas ki badhti prices aur naye wells ki wajah se hua hai, warna crude oil toh thoda gira hi tha.

ONGC ka Gas Strategy: Profit ka naya mantra!

Dekho, ONGC ne Q3 mein dikhaya ki kaise market ke upar neeche hone par bhi ye dumdaar performance de sakte hain. Consolidated net profit 23% jump karke ₹11,946 crore tak pahunch gaya. Iske peeche ka reason hai natural gas se hui kamaai mein izafa, especially naye wells se. Ye growth oil ki price mein 15% ki kami ko compensate karne mein kaam aaya jisne standalone earnings ko thoda affect kiya tha. Standalone profit 1.6% badhkar ₹8,372 crore raha.

Company ne investors ko bhi khush kiya hai aur ₹6.25 per share ka second interim dividend declare kiya hai, jo ab tak ka sabse bada interim payout hai.

Future Gas Power: ONGC ka bada plan

Ab suno future ka plan! ICICI Securities ne bhi is performance ko dekh kar apna target price badha kar ₹332 kar diya hai. ONGC apna focus natural gas par badha raha hai. KG Basin se 8 MMSCMD, Daman se 5 MMSCMD aur DSF-II se 4 MMSCMD gas nikalne ka target hai. Isse, company ke total portfolio mein gas ka hissa abhi 18-20% se badh kar aane wale 3-4 saal mein 35% se upar jaane ki ummeed hai. Sarkar bhi gas ka use badhana chahti hai, 2030 tak energy mix mein 15% tak gas ka target hai. Plus, naye wells ke liye government pricing policy bhi kafi supportive hai.

Kya hain Risks aur Concerns?

Lekin haan, kuch chizein hain jinko lekar investors thoda chintit hain. Crude oil prices ka girna abhi bhi ek bada risk hai jo standalone earnings ko affect kar sakta hai. Pichle kuch projects mein cost ko lekar issue aaye the, toh execution aur cost management par nazar rakhni hogi. Kuch analysts ko margin pressure aur rising distribution costs ki bhi fikr hai.

Analyst kya bol rahe hain?

Overall, analysts ka manna hai ki ONGC 'Buy' karne layak stock hai. Average target price ₹281.13 ke aas paas hai, aur kuch ₹335 tak bhi dekh rahe hain. Deep water projects aur gas production ko badhane ki company ki capacity hi in targets ko confirm karegi.

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