Buy ONGC, target price Rs 112: Yes Securities

Yes Securities has buy call on Oil And Natural Gas Corporation with a target price of Rs 112. The current market price of Oil And Natural Gas Corporation is Rs 103.25.

Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 129010.76 Crore) operating in Gas & Petroleum sector.

Financials

For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 83619.16 Crore, up 33.80 % from last quarter Sales of Rs 62496.06 Crore and down -17.66 % from last year same quarter Sales of Rs 101554.26 Crore Company reported net profit after tax of Rs 5150.65 Crore in latest quarter.

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