ONGC Share Price: ₹242.53 on Aug 1, Up 0.63% YoY

By Business DeskONGC Share Price: ₹242.53 on Aug 1, Up 0.63% YoY

ONGC shares closed at ₹242.53 on August 1, 2026, showing a 0.63% YoY gain despite a 9.83% six-month dip. Discover key trading figures and financial insights.

Oil and Natural Gas Corporation (ONGC) shares closed at ₹242.53 on August 1, 2026, trading within a daily range of ₹238.17 to ₹242.96.

Key Trading Figures on August 1

  • Current Share Price: ₹242.53
  • Opening Price: ₹241.58
  • Previous Closing Price: ₹241.59
  • Daily High: ₹242.96
  • Daily Low: ₹238.17
  • 52-Week High: ₹307.50
  • 52-Week Low: ₹227.65

The stock demonstrated a 0.63% year-on-year increase in its share price, yet recorded a 9.83% decrease over the past six months. Notably, ONGC outperformed the Nifty by 1.64% in the last month alone.

Quarterly Financial Trajectory

ONGC’s quick insights reveal positive quarter-on-quarter trends across key financial metrics. The company reported an increase in operating profit, net profit, and overall revenue.

Institutional Shareholding Shifts

  • Domestic Institutional Investors (DII) stake: Decreased by 2.24%
  • Foreign Institutional Investors (FII) stake: Increased by 0.41%

The company maintains a substantial market capitalization of ₹3,05,009.00 Crores. Its P/E ratio stands at 6.13, with a P/B ratio of 0.82, and a dividend yield of 5.47%.

Fundamentally, ONGC exhibits ‘Excellent’ performance and earnings, despite being categorised as ‘Overvalued’ in terms of valuation. The annual consolidated revenue for March 2026 reached ₹6,74,603.84 Crore.

Technical Indicators and Outlook

SEBI experts have issued a ‘Slightly Bearish’ summary regarding ONGC’s technical posture. Indicators like ADX(9) and ROC(12) support a bearish verdict, while RSI (14), ATR (14), STOCH(9,6), STOCH RSI (14), UO(9), and WillR(14) remain neutral.

Established in 1956, ONGC stands as India’s largest crude oil and natural gas company, actively involved in exploration, production, and supply across various fields. Promoters hold 58.89% of the shares, with FIIs at 8.01%, other DIIs at 11.36%, retail and others at 13.79%, and mutual funds at 7.95%.

Investors should note upcoming dividends and quarterly results, which will provide further insights into the company’s financial trajectory.

Home/business/Article