Ongc Share Value Right now on 08-11-2024: Ongc share worth are down by -1.41%, Nifty down by -0.15%

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Abhishek Mukherjee
Abhishek Mukherjeehttps://www.hospitalitycareerprofile.com/
Abhishek Mukherjee is a seasoned market analyst with a deep understanding of financial trends and economic shifts. With years of experience in the field, Abhishek brings insightful analysis and up-to-date market news to help readers stay informed. His expertise spans stock markets, financial forecasts, and economic policy changes, making him a trusted voice in the industry.
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Ongc Share Value Right now on 08-11-2024: At 08 Nov 11:26 in the present day, Ongc shares are buying and selling at worth 261.5, -1.41% down from the earlier closing worth. Sensex is buying and selling at 79427.76, down by -0.14%. The inventory has hit a excessive of 266.75 and a low of 261.35 throughout the day.

On the technical entrance, the inventory is buying and selling beneath the brief time period easy shifting averages of 5, 10, 20 day in addition to long run shifting averages of fifty, 100 & 300 days.

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The SMA values for the inventory are given beneath :

The basic pivot degree evaluation reveals that on a every day timeframe, the inventory has key resistances at 269.12, 272.73, & 274.87, whereas it has key help ranges at 263.37, 261.23, & 257.62.

Until 11 AM in the present day, the amount traded on NSE & BSE for Ongc was -71.67% decrease than the earlier buying and selling session. Quantity traded is a vital indicator together with worth to review tendencies. Constructive worth motion with increased quantity suggests a sustainable upmove, and destructive worth motion with increased quantity may be a sign of additional decline in costs.

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General, as per Mint technical evaluation, The inventory is at present experiencing a robust downtrend.

From a basic evaluation perspective, the corporate has a ROE of 15.88% & ROA of 8.60% respectively.The present P/E of the inventory is at 7.41 .

The median 1-year forecasted upside on this share is at 26.20% with a goal worth of 330.00.

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The corporate has a 0.00% promoter holding, 10.52% MF holding, & 8.12% FII holding as per filings within the september quarter.

The MF holding has decreased from 10.86% in june to 10.52% within the september quarter.

The FII holding has decreased from 8.57% in june to eight.12% within the september quarter.

Ongc share worth down -1.41% in the present day to commerce at 261.5 whereas its friends are combined. Its friends akin to Reliance Industries, Oil India, Hindustan Petroleum Company, Petronet LNG are falling in the present day, however its friends are on the rise. General, benchmark indices Nifty & Sensex are down -0.15% & -0.14% every respectively.

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