Oil and Natural Gas Corp Shares Gain 2.13% Today Amid High Volume Trading Session

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During today's session, Oil and Natural Gas Corporation's (ONGC) shares saw a significant surge in traded volume, accompanied by a price increase. The stock is currently trading at Rs 251.83, marking a 2.13% gain. The volume traded was 5,834,413 shares.

The increase in volume and price has drawn attention from investors. ONGC is a component of the NIFTY 50 STOCKS index, highlighting its importance in the Indian stock market.

Financial Performance Overview

ONGC's financial performance reveals consistent revenue and net profit figures over the recent quarters and years.

Quarterly Performance (Consolidated)

Annual Performance (Consolidated)

Income Statement

The income statement provides a detailed breakdown of ONGC's financial performance over the past five years. Key highlights include:

• Sales: Increased from Rs 396,762 in March 2020 to Rs 591,447 in March 2024.
• Other Income: Fluctuated, with a recent value of Rs 12,221 in March 2024.
• Total Income: Increased from Rs 405,839 in March 2020 to Rs 603,669 in March 2024.
• Total Expenditure: Increased from Rs 380,320 in March 2020 to Rs 519,010 in March 2024.
• EBIT: Increased from Rs 25,518 in March 2020 to Rs 84,658 in March 2024.
• Interest: Fluctuated, with a recent value of Rs 10,194 in March 2024.
• Tax: Increased from Rs 7,506 in March 2020 to Rs 19,759 in March 2024.
• Net Profit: Increased from Rs 10,523 in March 2020 to Rs 54,704 in March 2024.

Cash Flow

The cash flow statement highlights the following trends:

• Operating Activities: Cash flow from operating activities has generally increased, with Rs 99,262 in March 2024.
• Investing Activities: Cash flow from investing activities has been negative, with -Rs 57,266 in March 2024.
• Financing Activities: Cash flow from financing activities has also been negative, with -Rs 45,650 in March 2024.
• Net Cash Flow: Fluctuated, with a recent value of -Rs 3,591 in March 2024.

Balance Sheet

Key observations from the balance sheet include:

• Share Capital: Remained constant at Rs 6,290.
• Reserves & Surplus: Increased from Rs 198,814 in March 2020 to Rs 330,780 in March 2024.
• Current Liabilities: Increased from Rs 125,072 in March 2020 to Rs 151,277 in March 2024.
• Other Liabilities: Increased from Rs 179,840 in March 2020 to Rs 221,845 in March 2024.
• Total Liabilities: Increased from Rs 510,017 in March 2020 to Rs 710,192 in March 2024.
• Fixed Assets: Increased from Rs 313,487 in March 2020 to Rs 402,339 in March 2024.
• Current Assets: Increased from Rs 80,709 in March 2020 to Rs 133,341 in March 2024.
• Other Assets: Increased from Rs 115,820 in March 2020 to Rs 174,512 in March 2024.
• Total Assets: Increased from Rs 510,017 in March 2020 to Rs 710,192 in March 2024.
• Contingent Liabilities: Increased from Rs 140,562 in March 2020 to Rs 151,807 in March 2024.

Financial Ratio

Historical financial ratios provide insights into ONGC's performance:

• Basic EPS: Increased from Rs 8.59 in March 2020 to Rs 39.13 in March 2024.
• Book Value/Share: Increased from Rs 177.67 in March 2020 to Rs 290.21 in March 2024.
• Dividend/Share: Increased from Rs 5.00 in March 2020 to Rs 12.25 in March 2024.
• ROE: Increased from 5.26% in March 2020 to 14.60% in March 2024.
• Debt to Equity: Decreased from 0.51 in March 2020 to 0.36 in March 2024.
• P/E: Fluctuated, with a recent value of 6.85 in March 2024.
• P/B: Fluctuated, with a recent value of 1.00 in March 2024.

The surge in trading volume and the positive price movement reflect growing investor interest in ONGC. The company's consistent financial performance and key financial ratios contribute to its standing in the market.