ONGC reported a 19% YoY decline in Q3FY25 net profit at ₹8,622 crore, missing estimates. Revenue fell marginally by 0.75% to ₹1,66,097 crore. Despite lower earnings, CLSA maintained an ‘Outperform’ rating with a ₹360 target, citing strong oil and gas sales. ONGC shares rose 2.3% but remained down 21.48% in six months.
Markets look past conflict as investors bet on long-term growth: Ed Yardeni
Global equity markets are navigating uncertainty, with investor sentiment suggesting the worst of the sell-off may be over. Market participants are increasingly focused on long-term