{"id":480673,"date":"2022-03-31T12:07:19","date_gmt":"2022-03-31T06:37:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=480673"},"modified":"2022-03-31T12:07:19","modified_gmt":"2022-03-31T06:37:19","slug":"subscribe-to-ongc-ofs-for-30-gains","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/subscribe-to-ongc-ofs-for-30-gains\/","title":{"rendered":"Subscribe to ONGC OFS for 30% gains"},"content":{"rendered":"<p>Mumbai: Retail investors could subscribe to the offer for sale (OFS) of ONGC for an upside of 20-30% in a year as the company&#8217;s near-term outlook looks bright amid increasing crude prices, said analysts.<\/p>\n<p>The stock with a dividend yield of 3.6% is currently trading at two times FY23 estimated EV\/EBITDA, which is at a huge discount to its global peers and its own long-term average valuations. ONGC had an average dividend yield of 4.6% in the last five years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Retail investors could subscribe to the offer for sale (OFS) of ONGC for an upside of 20-30% in a year as the company&#8217;s near-term outlook looks bright amid increasing crude prices, said analysts. The stock with a dividend yield of 3.6% is currently trading at two times FY23 estimated EV\/EBITDA, which is at a huge discount to its global peers and its own long-term average valuations. ONGC had an average dividend yield of 4.6% in the last five years.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-480673","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/480673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=480673"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/480673\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=480673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=480673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=480673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}