ONGC Share Price Target 2025,2030,2035,2040

Share of Oil and Natural Gas Corporation Limited is currently trading at around Rs.233/-. Investors are asking for the ONGC Share Price Target for 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the ONGC Share Price Target for 2025, 2030, 2035 and 2040.

Discussion & Analysis of Business & Financial performance with future business prospects of ONGC Ltd:

Oil and Natural Gas Corporation Ltd (ONGC) remains a cornerstone of India’s energy infrastructure, contributing nearly 70% of the country’s crude oil and 84% of its natural gas production. As a Maharatna PSU, ONGC commands a dominant position in upstream exploration and production, with extensive operations across domestic basins and international territories via its subsidiary ONGC Videsh.

🛢️ Current Business Position

Operational Strength: ONGC continues to lead in offshore and onshore exploration, with flagship assets like the Mumbai High field. In 2025, it partnered with bp to enhance technical services for Mumbai High, signaling a push toward efficiency and recovery optimization.
Integrated Value Chain: Through subsidiaries like Mangalore Refinery and Petrochemicals Ltd (MRPL) and stakes in Hindustan Petroleum, ONGC maintains a vertically integrated presence across exploration, refining, and petrochemicals.
Financial Stability: Despite global oil price volatility, ONGC has maintained robust financials, supported by government backing and strategic investments. Its recent billion-dollar acquisitions reflect strong liquidity and long-term confidence
Green Transition: ONGC Green Ltd, its renewable arm, is actively acquiring solar and wind assets. The ₹19,500 crore acquisition of Ayana Renewable Power in 2025 marked one of India’s largest clean energy deals.

🔮 Future Business Prospects

Energy Diversification: ONGC is rapidly evolving from a fossil-fuel-centric entity to a diversified energy company. Its joint venture with NTPC Green Energy and collaborations with Tata Power in battery energy storage systems (BESS) highlight its commitment to low-carbon solutions.
Global Expansion: ONGC Videsh is exploring new upstream opportunities with Petrobras in Brazil and has signed MoUs with SOCAR (Azerbaijan) for LNG and crude supply, expanding its global footprint.
Digital Transformation: The company is integrating advanced technologies like digital analytics, AI-driven reservoir modeling, and enhanced oil recovery techniques to improve operational efficiency and reduce costs
Net Zero Emissions: ONGC has set a target to achieve Net Zero emissions by 2038. This includes aggressive investment in renewables, carbon capture, and sustainable practices across its value chain.

⚖️ Strategic Outlook

ONGC’s future hinges on balancing its legacy hydrocarbon business with its green energy ambitions. While oil and gas will remain core revenue drivers in the near term, the company’s pivot toward renewables and international partnerships positions it as a resilient and forward-looking energy major.

For investors and analysts, ONGC offers a compelling mix of stability, strategic transformation, and long-term growth potential. Its ability to adapt to global energy trends while securing India’s energy needs makes it a vital player in the country’s economic and environmental roadmap.

Share Price Targets:

ONGC Share Price Target 2025

Based on the above discussion and analysis, the share price of Oil and Natural Gas Corporation Ltd may touch the level of around Rs.260-275 in 2025

ONGC Share Price Target 2030

Based on the above discussion and analysis, the share price of Oil and Natural Gas Corporation Ltd may touch the level of around Rs.550-600 in 2030

ONGC Share Price Target 2035

Based on the above discussion and analysis, the share price of Oil and Natural Gas Corporation Ltd may touch the level of around Rs.1200-1400 in 2035

ONGC Share Price Target 2040

Based on the above discussion and analysis, the share price of Oil and Natural Gas Corporation Ltd may touch the level of around Rs.2800-3000 in 2040

Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. News4You does not offer investment advice and does not encourage any action based on its content.

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