ONGC shines in upstream pack: FY25 capex plan worth ₹35,000 crore triggers bullish upgrade; 19% return eyed over TP
ONGC shares have picked up a bullish momentum ever since the state-owned upstream oil explorer registered a surge of 78 per cent in net profit during the January-March quarter of fiscal 2023-24 (FY24). The public sector undertaking (PSU) expects its capital expenditure (capex) to be in the range of ₹33,000- ₹35,000 crore for the current … Read more