ONGC share price: Should you buy or sell the stock post Q4 results, dividend announcement?
Stock Market Today: ONGC share price was range-bound during the morning trade on Thursday, following the announcement of the March quarter (Q4) results for the financial year 2024-25 (FY25).
During the trade so far, ONGC stock hit the day’s high of ₹250.50 and a low of ₹244.10 on the BSE.
ONGC Q4 results
The company, post market hours on Wednesday, reported a consolidated net profit for the fourth quarter of FY25 at ₹8,856 crore, down 20.2% year-on-year (YoY) compared to ₹11,096 crore posted in the same period a year ago.
The gross revenues reported by ONGC for the January-March 2025 quarter stood at ₹1,70,812 crore, compared to ₹1,72,137 crore reported in the year-ago quarter, recording a fall of 0.8%.
The impact of the…