### ONGC Share Price Soars to ₹284.50, Expected to Reach ₹290 Soon! 📈💰
Here are the latest updates on ONGC’s share price as of May 24, 2024:
1. **Current Share Price:** ONGC’s share price rose by 0.37% to ₹284.50 on Friday, May 24, 2024.
2. **Analyst Recommendations:** Brokerage firms like Nomura, Jefferies, and CLSA have recommended buying ONGC shares, with price targets ranging from ₹290 to ₹330.
3. **Profit Forecast:** Experts predict that ONGC’s EBITDA is expected to increase by 5% in the financial year 2024-2025 and by 14% in 2025-2026.
4. **Revenue Growth:** ONGC reported a revenue growth of 11% in the March 2024 quarter, reaching ₹38,367 crores.
5. **Investor Sentiment:** Out of 30 experts tracking ONGC’s stock, 19 have issued a buy rating, 5 recommend holding, and 6 advise selling. The stock has already surged by 40% in 2024.
Don’t miss out on the opportunity to invest in ONGC as it continues to show promising growth prospects! Stay tuned for more updates on this stock. 💼🚀
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Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
