6 Reasons Why ONGC Is Gaining In Trade? | Explained | ET Now | Share Market

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Published on February 16, 2023 10:34:44 AM ● Video Link: https://www.youtube.com/watch?v=aARTp9TWTWQ

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India’s largest oil and gas producer – ONGC – has been gaining in trade owing to production growth guidance, strong capital expenditure, cut in windfall tax, cheap valuations, high dividend yield and underperformance in last 12-months. For FY24, ONGC management has guided an oil and gas production growth of 4%-5% compared to a decline seen since FY18. Soumeet Sarkar explains. Here's all you need to know.

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