The state-run upstream company is exploring overseas assets across multiple geographies while expanding domestic exploration and deepwater partnerships
Oil India reported a 62 per cent YoY growth in Q4 consolidated net profit, backed by 4.4 per cent increase in revenue from operations. The stock has rallied 15 per cent in the last five days.
Stocks to watch today: Airtel, Tata Motors, Voltas, IRFC, DLF, Jio Financial Services, HAL, HUDCO, Oil India, among others, will remain in focus today.
State-run upstream company reports higher crude oil production, record drilling activity and improved profitability during FY26
With oil at $80/bbl, analysts at CLSA project an over 50 per cent total return on ONGC as it is pricing in $65/bbl Brent; sets target price for the oil explorer at ₹405 per share.
Nifty closed below 24,000 on Tuesday after sharp intraday reversal. HDFC Securities sees 24,197 as resistance, and 23,800 as support level
ONGC and Oil India are key beneficiaries if Brent price remains elevated above USD 70/bbl as their CMP is discounting ~USD 65/bbl net crude realisation amidst low risk of windfall tax, said analysts.
Crude oil prices fell for a second day on Wednesday on expectations that peace talks between the US and Iran may resume
Iran, according to Nomura's estimates, has been the biggest beneficiary since the war broke out in terms oil revenues that rose 36 per cent y-o-y in March 2026 to $5.7 billion
Crude oil prices topped the $100 per barrel mark after the failure of ceasefire talks between the United States and Iran in Islamabad over the weekend to reach an agreement
ONGC and Oil India shares fell up to 4% as Brent crude dropped below $100 following a US-Iran ceasefire and easing tensions in the Strait of Hormuz.
Nomura believes oil marketing companies (OMCs) are likely to face margin pressure after the government raised prices of aviation turbine fuel (ATF) and commercial liquefied petroleum gas (LPG)
The futures & options market positioning reflects heavy short build-up, creating conditions for sharp but temporary short-covering rallies, says Systematix Institutional Equities.
The Government of India has not announced any windfall tax on domestic crude realisations; this is a key positive for ONGC and Oil India, believe analysts.
Stocks to Watch today, March 27, 2026: BPCL, IOCL, Oil India, RIL, and others will be in focus; here's why
Analysts have revised their forecasts for oil & gas prices for the remaining part of 2026 as developments in West Asia continue to unfold.
Stocks to Watch today, March 25, 2026: From OMCs to RIL, here is a list of stocks that will be in focus today
Oil prices rose after Iran attacked several energy facilities across West Asia following a strike on its South Pars gas field, a major escalation in Tehran's war with the US and Israel
Antique upgraded GAIL (India) Ltd. to 'Buy' from 'Hold', citing the sharp correction in the stock price despite a relatively limited impact on its target price
Ajit Mishra of Religare Broking recommends Nifty strategy and two stocks to buy; check details here