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Why 2020 Could Be The Best Year For ONGC Stock In More Than A Decade
Analysts expect strong 2020 for the ONCG stock. Will it follow through this time?
09 Jan 2020, 01:23 PM IST
India’s largest oil and gas explorer usually disappoints analysts but they still expect it to return the best gains in more than a decade in 2020.Shares of Oil and Natural Gas Corporation Ltd. are estimated to rise as much as 45 percent this year, according to the average of 12-month analyst targets compiled by Bloomberg. That will be the highest gains since 2009 and the best returns among its peers in the S&P BSE Oil and Gas Index.T...
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