ONGC Q2 Results: Profit Slips 9%, Yet Board Rewards Investors With Dividend. Check Details
Oil and Natural Gas moved lower in a quarterly results development.
· NDTV Profit
ONGC's revenue declined 5.6% to Rs 43,875 crore.
The analysis
Oil and Natural Gas reported Rs 43,875 crore, with movement of 9% and 5.6% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -2.1% on the day at ₹230.00, and has returned -4.2% over three months. It sits 24% below its 52-week high. The oil & energy sector has moved -2.8% over the same period, so Oil and Natural Gas is running 1.5 points behind its peers.
For Oil and Natural Gas, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
Market context
- In focus: Oil and Natural Gas (ONGC) (ONGC), in Oil & Energy.
- Over three months: Oil and Natural Gas (ONGC) -4.2% against Oil & Energy -2.8% (1.5 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Oil and Natural Gas (ONGC)ONGC · Oil & Energy | ₹230.00 | -2.1% | +2.3% | -4.3% | -23.7% | 1.8× | — |
Oil & Energy
1M +1.9% · 3M -2.8%
Oil and Natural Gas (ONGC)
Prices as of 5 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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