ONGC Company is India’s largest crude oil and natural gas company. Which produces 71% of Indian domestic production. Its headquarter is located in Delhi. All its business is looked after by the Ministry of Petroleum and Natural Gas. If seen, this government is the largest oil and gas producing company. In November 2010, the Government of India has also given it the status of Maharatna.
Today we will know whether the shares of this company should be taken or not? Will there be any growth in ONGC share price going forward or not? We are going to tell you all this in this article.
If we talk about its business, then nothing can be said about its long-term sustainability, but if you look at it for a short period, then you can definitely invest in it. If the jump in the share price is not correct, but the government company is very good in terms of dividend. But it would be better not to invest for long term. If you want to invest anywhere, take the advice of your financial advisor.
