Mumbai: Shares of ONGC NSE 0.61 % and Oil India NSE 2.27 % are likely to benefit from the rise in oil prices, which touched a seven-year high of $89 per barrel recently.
Retaining a buy rating on ONGC and Oil India, Motilal Oswal has raised target prices on both stocks to ₹210 and ₹320, respectively.
