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Stock to Sell: This PSU oil stock plunges to seven-month low; analysts warn of major downside; do you own?

Stocks to Sell: Brokerages have taken a cautious stance on ONGC shares. Goldman Sachs and Citi maintained “Sell” ratings with revised target prices, while Nomura stayed neutral. Rising costs weighed on profitability as Q2 results came in below expectations.

ONGC Share Price: Two major brokerages say stay away – could it drop further?

Oil PSU stocks to buy:&nbsp;The analysts have picked ONGC and Oil India stocks and given a buy rating. According to them, the stocks can provide up to 80 per cent upside in the long term.

Oil PSU Stocks to Buy: Analysts choose these 2 stocks for up to 79% potential upside; check out details

MOFSL has recommended buying ONGC shares for the next 2-3 days. The brokerage has given a target of Rs 360. On Monday, August 12, shares of ONGC closed at Rs 341.3 each.

Maharatna PSU Stock to Buy: MOFSL chooses this oil and gas stock for 2-3 days; check out target price

Anil Singhvi has chosen Oil and Natural Gas Corporation Ltd (ONGC) stock from a long-term perspective. It is the biggest stock in oil and gas sector in Nifty. Investors can buy the stock for 12-18 months. The first target of the stock is 375, the second is 400, and the third is 450.&nbsp;

Stock to buy before Budget 2024: Anil Singhvi picks this PSU stock for up to 47% gains; check details

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Ahead of such a rousing start to the share marketon Monday (June 3, 2024), brokerages such as Morgan Stanley, Jefferies, Yes Securities, Axis Direct, Kotak Securities, and HDFC Securities, have picked a number of stocks such as Global Health, ONGC, SBI, Ashoka Buildcon, Titan, Suzlon, Oil India, Auro Pharma.&nbsp;

11 Stocks to Make Money in Record High Market: SBI, Oil India, ONGC, Titan, Suzlon Energy, Global Health and more

CLSA says that banks will offer better risk-reward in H2CY24. HDFC Bank, ICICI Bank, Axis Bank, and IndusInd Bank are the preferred banks to witness growth, according to the report.&nbsp;Non-PSUs like Ashok Leyland, Ultratech, and L&amp;T are the preferred stocks, the brokerage report further reads.

&nbsp;

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Zee Business brings to you three stocks recommended by brokerage firms to keep an eye out for under Rs 500.

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Ahead of the marketing opening on Wednesday (May 22, 2024), brokerages such as Jefferies, CLSA, Nuvama, Morgan Stanley, and Bernstein picked shares such as ONGC, BHEL, SBI Cards, HCL Tech, LTI Mindtree, L&amp;T Tech, Astral, Deepak Nitrite, and Oil India. Know brokerage calls and share price targets for these shares.&nbsp;

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Windfall tax on crude:&nbsp;The petroleum ministry on Wednesday raised the windfall tax on domestically produced crude to Rs 6,800 per tonne from Rs 4,900 per tonne. However, the windfall tax remains zero for diesel and aviation turbine fuel (ATF). It is the fifth raise in windfall tax by the government since February.&nbsp;

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Zee Business brings to you 3 stocks recommended by brokerage firms to keep an eye out for under Rs 500.

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Shares of Mahanagar Gas Ltd (MGL), Petronet LNG, Gujarat Gas, Oil India, Oil and Natural Gas Corp (ONGC) and GAIL (India) rose on Monday as Dalal Street turned bullish on gas distribution companies.

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Zee Business brings to you 3 stocks recommended by brokerage firms to keep an eye out for.

Eicher Motors, ONGC, Bharat Forge among top brokerage calls this week

ongc-share-price-target

Stocks to Sell: Brokerages have taken a cautious stance on ONGC shares. Goldman Sachs and Citi maintained “Sell” ratings with revised target prices, while Nomura stayed neutral. Rising costs weighed on profitability as Q2 results came in below expectations.

Oil PSU stocks to buy: The analysts have picked ONGC and Oil India stocks and given a buy rating. According to them, the stocks can provide up to 80 per cent upside in the long term.

MOFSL has recommended buying ONGC shares for the next 2-3 days. The brokerage has given a target of Rs 360. On Monday, August 12, shares of ONGC closed at Rs 341.3 each.

Anil Singhvi has chosen Oil and Natural Gas Corporation Ltd (ONGC) stock from a long-term perspective. It is the biggest stock in oil and gas sector in Nifty. Investors can buy the stock for 12-18 months. The first target of the stock is 375, the second is 400, and the third is 450. 

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ongc share price target News- Zee Business provides latest news on ongc share price target, ongc share price target news Today, Top News on ongc share price target, update on ongc share price target Stay updated with business news, breaking news headlines.

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Ongc Share Price Target

Stock to Sell: This PSU oil stock plunges to seven-month low; analysts warn of major downside; do you own?

ONGC Share Price: Two major brokerages say stay away – could it drop further?

Oil PSU Stocks to Buy: Analysts choose these 2 stocks for up to 79% potential upside; check out details

Maharatna PSU Stock to Buy: MOFSL chooses this oil and gas stock for 2-3 days; check out target price

Stock to buy before Budget 2024: Anil Singhvi picks this PSU stock for up to 47% gains; check details

Stocks Making News: 'Sell' call on Tata group firm; brokerage predicts 44% upside for this mid-cap stock

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From 'gaushalas' to green manure, Padma awardee farmers outline measures to restore soil health

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Countdown begins for Satinder Sartaaj’s sold-out Delhi performance