ONGC stock closes at INR 221.27, 28.0 percent below its 52-week high

Published on 10/09/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ONGC stock closed at INR 221.27 on October 9, 2026, up 0.67 percent. P/E is 6.17 and market capitalization is INR 278.4 billion.

Key points in brief

ONGC stock closed at INR 221.27 on October 9, 2026, up 0.67 percent from the prior close.
The stock was 28.04 percent below its 52-week high of INR 307.50.
Q1 FY27 revenue reached INR 2.05 trillion, up 25.68 percent year over year, while net profit was INR 65.54 billion.

ONGC, INE213A01029, Illustration mit AI erstellt.

Oil and Natural Gas Corporation stock closed at INR 221.27 on the NSE on October 9, 2026, up 0.67 percent from the prior close of INR 219.80. The price was 28.04 percent below the 52-week high of INR 307.50, putting range position ahead of company announcements in this market report.

Price stays near its yearly low

The session high was INR 222.19 and the low was INR 218.91, while traded volume reached 8.10 million shares. The 52-week low is INR 218.53, so the closing price stood 1.25 percent above that level on the same NSE session.

ONGC stock was down 7.01 percent year to date on October 9, 2026, while the NIFTY 50 was down 13.87 percent over the same period. That comparison leaves ONGC 6.86 percentage points ahead of the benchmark on the year.

Valuation and recent earnings

ONGC had a market capitalization of INR 278.4 billion and a P/E ratio of 6.17 on October 9, 2026. Its 52-week range ran from INR 218.53 to INR 307.50, giving the stock a clear valuation and price-range context without mixing currencies.

Univest reported that ONGC generated revenue of INR 2.05 trillion in the first quarter of fiscal 2027, up 25.68 percent from the year-ago quarter. Net profit was INR 65.54 billion, down 43.28 percent from the first quarter of fiscal 2026, making profit conversion the main counterweight to the revenue increase.

Comparison with peers

ONGC: plus 0.67 percent, P/E 6.17, market capitalization INR 278.4 billion
Oil India (NSE, INR): minus 0.78 percent, P/E 8.64, market capitalization INR 721.4 billion
Reliance Industries (NSE, INR): minus 0.65 percent, P/E 21.19, market capitalization INR 15,837.1 billion

Analyst target remains above price

As The Financial Express reported on October 2, 2026, Kotak Institutional Equities retained a Buy rating and a fair value of INR 355.00. The target lies 60.45 percent above the NSE closing price of INR 221.27, while the same report retained a Sell rating on Oil India with a fair value of INR 360.00.

ONGC price and market position

ONGC finished the October 9, 2026 NSE session at INR 221.27, with the prior close at INR 219.80 and the day range between INR 218.91 and INR 222.19. Its low P/E relative to Reliance Industries and its position near the yearly low leave earnings quality and production delivery as the key market measures.