ONGC

Current price:~₹270–₹278 per share (March 2026 range). 52-week range: ₹205 – ₹293. Dividend yield: 4.7–5%. P/E ratio: 8–9 (undervalued vs sector). ONGC is India’s largest crude oil and natural gas exploration company, owned primarily by the Government of India Positive Drivers Rising crude oil prices boost upstream companies like ONGC. Strong dividend payouts. Government support and large reserves. In fact, ONGC shares recently gained when oil prices surged above $100. Risks Earnings depend heavily on global crude prices. Low production growth historically.