ONGC.NS
Strong BuyUnloved QualityAI neutralOil and Natural Gas Corporation Limited · Energy · India · $31.3B cap · $25.6M/day traded
INR 222.65 +1.2% · close 13 Oct · scored 14 Oct
StockRank up 1.9 since 13 Oct: Momentum up 4 after a 1% price rise.
Unloved Quality: Strong and cheap; the market has not turned yet.
Report expected 6 Nov: the next-year EPS estimate has been little changed over the last 5 weeks.
As of 14 Oct 2026, MoatMap's StockRank for Oil and Natural Gas Corporation Limited (ONGC.NS) is 88/100, ranked against 24,000+ stocks in 35 markets (Quality 65, Value 85, Momentum 38, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
ONGC is India's state-controlled oil and gas producer. Higher crude prices lift its upstream revenue, and the shares screen as cheap. In practice, the government has repeatedly limited upside through windfall taxes, subsidy sharing and administered gas prices, especially when high oil prices hurt Indian consumers. Production growth has also been slow for years.
ABOUT OIL AND NATURAL GAS CORPORATION LIMITED
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Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, and production of crude oil, natural gas, and value-added products in India and internationally.
FINANCIAL SUMMARY (INR)
| Year | 2023 | 2024 | 2025 | 2026 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.3T | 6.0T | 6.1T | 6.1T | -1.3% | 6.9T | 7.4T | 7.0T | 7.3% |
| EPS (INR) | 29.18 | 39.06 | 28.80 | 32.93 | 4.1% | 34.08 | 42.88 | 41.26 | 11.9% |
| Shares | 12.6B | 12.6B | 12.6B | 12.6B | 0.0% | 12.6B | — | — | — |
| Debt | 1.8T | 1.9T | 2.2T | 1.7T | -0.5% | 1.7T | — | — | — |
| Equity | 2.8T | 3.4T | 3.4T | 3.7T | 9.3% | — | — | — | — |
| Op CF | 860.6B | 988.5B | 908.6B | 1.1T | 9.4% | 1.1T | — | — | — |
| Inv CF | -750.9B | -574.9B | -430.0B | -576.8B | — | — | — | — | — |
| Fin CF | -128.8B | -450.1B | -479.1B | -563.3B | — | — | — | — | — |
Made a new 52-week low 3 trading days ago, 27% below its 52-week high. The fall has not stopped yet.
Calmer than 85% of stocks we rank over the past year (24% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of ONGC.NS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| ONGC.NS | Oil and Natural Gas Corporation Limited(you) | $31.3B | 88 | Strong Buy |
| OIL.NS | Oil India Limited | $8.1B | 65 | Buy |
| COALINDIA.NS | Coal India Limited | $27.1B | 93 | Strong Buy |
| BPCL.NS | Bharat Petroleum Corporation Limited | $13.7B | 91 | Strong Buy |
| PETRONET.NS | Petronet LNG Limited | $4.5B | 89 | Strong Buy |
| HINDPETRO.NS | Hindustan Petroleum Corporation Limited | $7.8B | 68 | Buy |
| CASTROLIND.NS | Castrol India Limited | $2.0B | 87 | Strong Buy |
| MRPL.NS | Mangalore Refinery and Petrochemicals Limited | $3.0B | 78 | Buy |
| AEGISLOG.NS | Aegis Logistics Limited | $5.0B | 61 | Hold |
| CHENNPETRO.NS | Chennai Petroleum Corporation Limited | $2.1B | 99 | Strong Buy |
Peer medians: ROE 13.5% · P/E 21.2x · Gross margin 36.8%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.