Oil & Natural Gas Corporation (ONGC) has seen its stock price drop by more than 20% from its peak. This might be a good time for short-term traders to consider buying ONGC shares, aiming for a target price of Rs 295 in the next 3-4 weeks. The stock reached a high of Rs 344 on August 1, 2024, but couldn’t keep that high and closed at Rs 263 on January 9, 2025. This means it has fallen over 23%. ONGC is showing signs that it might start going back up again, so now could be a good chance to invest
ONGC Stock: Time to Buy? Analysts Predict Rs 295 Target Soon
Discover why ONGC’s stock may be ready to rise again after a 20% drop. Analysts suggest a target of Rs 295 in the coming weeks.
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