OICHARTS
8 AMThe 8 AM report →
EnergyMedium impactPre-market

Jefferies maintains buy on ONGC with ₹325 target

pre-market1 source ↓written by the desknot a recommendation

target price
₹325
₹310
currently trading
₹271
expected in next
60-120 days

Shares of Oil and Natural Gas Corporation (ONGC) are gaining attention as Jefferies retains its Buy rating and raises the target price to ₹325 from ₹310. The stock is currently trading around ₹271, with expectations of increased gas output in the coming months. Jefferies cites improving operational visibility and stable earnings despite crude price pressures. 📈

Key Points:

• EBITDA and profit in line with estimates

• Critical production projects expected in next 60-120 days

• Dividend outlook improving, enhancing investor sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Feb 2026, 07:14 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ONGC closed +0.1% on the day of the news, from ₹271.55 to ₹271.85; Nifty +0.2% over the same session; futures OI +12.6%.

Bulletin at 07:14 IST on 17 Feb 2026. Every change is measured from ₹271.55, the last close before it, on 16 Feb. Nifty 50 is measured over the same sessions.

  • ONGC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ONGC closes around the bulletin against the close before the news, with Nifty 50 rebased to it248.41271.55294.69axis spans 19%before the news · 16 Feb271.55Nifty 50ONGCbulletinD0+1+3+510 Feb20 Feb4 MarFutures open interest, lotspeak 73,000Reference close ₹271.55. 16 sessions from 10 Feb to 4 Mar; the price axis spans 19 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before16 Feb₹271.55basebase
On the day17 Feb₹271.85▲ +0.1%▲ +0.2%−0.1 pp difference
+1 session18 Feb₹264.60▼ −2.6%▲ +0.5%−3.1 pp difference
+3 sessions20 Feb₹278.65▲ +2.6%▼ −0.4%+3.0 pp difference
+5 sessions24 Feb₹276.50▲ +1.8%▼ −1.0%+2.8 pp difference
Gap at the open, % · ₹
▲ +0.5%+1.44 on 17 Feb
Day's range, % · ₹
1.8%≈ 4.9 high to low
Volume on the day
1.06×the 20-session average
Futures OI on the day
▲ +12.6%+5,900 lots · long build-up · price +0.1%
Futures OI open, lots
53,00017 Feb · 24 Feb expiry
Futures premium, ₹
+0.65+0.2% to spot
Puts per call, by OI
0.48from 0.48 the session before
Max pain
263from 262 the session before

Source NSE UDiFF bhavcopy · ONGC on the desk →

Thread · ONGCAll ONGC bulletins →

Related