Stock to Buy: Maharatna Oil PSU ONGC Cold Rise 14% in 1 month, Predicts Anand Rathi. Here’s why

Stock to buy: Indian Brokerage Firm Anand Rathi Investments Services Has Pickde Maharatna PSU Giant Oil and Natural Gas Corporation Ltd (ONGC) Shares as it stocks as stock for the month of the month of June 2025 with a potanical upside of 14 dead Upcoming One-month Period.

The Brokerage Firm’s Stock Pick Report Said That ONGC Shares has recently broken out of their narrow consolidation range of 220 to 252. With the help of support at the base Near the 200-day ema high/low band, the analysts are bullish on the energy sector stock.

“Ongc recently broke out of its narrow consolidation range between 220 and 252, indicating strength. The stock is now trading about this range, supported by a Base Formation Around Band, Reinforcing Bully Sentimen, “said the brokege in its report.

On the technical front, the analysts highlighted that the relative strength index (rsi) has moved Above the 50 mark, indicating a shift in love in Momentum of the Shares.

“The Daily RSI has moved Above The 50 Mark after a PROLONGED Period, Signalling a Shift in Momentum,” They said.

Stock to buy

Oil and Natural Gas Corporation Ltd (ONGC): Buy at 255 (or CMP); Target price at 290; Stop Loss at 235.

“Given these technical developments, a long position is advisable in the 257–253 zone, with a target of 290. a daily close beLow 235 should be used as a Stop-Loss to Manage Risk Rathi.

ONGC SHARE Price Trend

ONGC Shares Closed 1.6 per cent lower at 252.30 After Tuesday’s Stock Market Session, Compared to 256.40 at the previous market close.

The shares of the maharatna oil psu have given stock market investors more than 193 per cent return on investment in the last five years. However, the shares have lost 8.64 per cent in the last one-year period.

On a year-to-date (YTD) Basis, ONGC Shares Have Gained 6.34 per cent in 2025 and 1.94 per cent in the last five five trading sessions.

The shares hit their 52-wheek high level at 344.60 on 1 august 2024, While The 52-Very Low Level was at 205 on 7 April 2025, according to the data collected from the bse website. The oil company’s market capitalization was more than 3.17 Lakh Crore as of the Stock Market Close on Tuesday, 17 June 2025.

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Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.