Brokerages turn bullish on ONGC, here’s why
ONGC share rose over 3 per cent to hit a 52-week high of Rs 126.70 on BSE today. The stock is among the top gainers on the benchmark indices.
The share has delivered 47 per cent returns in the last 12 months and risen 34 per cent since the beginning of this year.
The stock opened 1.34 per cent higher at Rs 124.30 against the previous close of Rs 122.65 on BSE. Market cap of the firm rose to Rs 1,56,813.18 crore.
The share stands higher than 5 day, 10 day, 20 day, 50 day, 100 day, and 200-day…