ONGC Shares Show Strength Among Geopolitical Tensions
While various other Indian oil and power stocks have actually dropped amid US-Iran war concerns, Oil and Gas Corporation (ONGC) shares have shown family member resilience.
- Market Performance: ONGC shares declined by around 3 5 % in the previous month, compared to much steeper declines of over 17 % for IOC and over 22 % for HPCL and BPCL.
- Professional Analysis: Experts connect ONGC’s toughness to its integrated upstream model, permitting it to take advantage of increasing crude oil rates driven by geopolitical instability.
- Financials: Strong Q 3 FY 26 financials, consisting of a 22 % YoY rise in internet profit to 11, 946 crore, support investor self-confidence.
