Oil & Gas

ONGC (Oil & Natural Gas Corporation) Latest :

trading near recent levels; prior quarter showed profit dip YoY due to lower oil prices, but company retains strategic projects and announced renewables/transport ventures. Why it matters: Upstream earnings are cyclical and tied to global oil prices; also state-owned strategic plays and dividend policy matter for income investors. Takeaway / Risk: Good yield potential in upcycle; commodity risk & capex timing matter.