ONGC Share Price Target 2026 to 2030: Oil and Natural Gas Corporation, commonly known as ONGC, is India’s largest exploration and production company in the oil and gas sector. The company plays a vital role in meeting the country’s energy needs by exploring, producing, and supplying crude oil, natural gas, and related petroleum products. The company is known for its advanced drilling technology, large resource base, and stable production capacity. Let’s discuss ONGC’s share price target from 2026 to 2030 with expert forecast & analysis.
ONGC Share Price Target 2026
ONGC is expected to maintain stable business growth in 2026 as energy demand continues to grow in India’s industrial, commercial, and domestic sectors. The company benefits from its strong production base, long-term supply contracts, and consistent contribution to the country’s fuel needs. Amid these developments, the ONGC share price target for 2026 is estimated at approximately ₹289, supported by consistent revenue flow and disciplined cost management. If global energy prices remain supportive, the company could further strengthen its earnings position.
ONGC Share Price Target 2027
By 2027, ONGC is expected to benefit from increased domestic energy consumption and an increased focus on reducing oil imports through increased local production. The company continues to invest in deep-water and offshore projects that can add long-term value to its business. With a strong balance sheet and healthy cash flow, ONGC is well positioned to fund large exploration programs and technology upgrades. Amid this growth phase, the ONGC share price target for 2027 is estimated to be around ₹340, reflecting an improved production outlook and stable profitability. Consistent dividend payments may also attract long-term investors.
ONGC Share Price Target 2028
ONGC is expected to further expand its business in 2028 as new exploration blocks and development projects begin contributing to total output. The company is expected to focus on improving recovery rates from existing fields, as well as discovering new energy resources to support future demand. With improved project execution and improved operational efficiency, ONGC can strengthen its market leadership in the energy sector. Amid these positive developments, the ONGC share price target for 2028 is projected to be around ₹395, supported by rising production volumes and improved revenue visibility. A stable global energy market could further support long-term growth.
ONGC Share Price Target 2029
In 2029, ONGC is expected to benefit from its long-term investments in offshore fields and overseas assets, which provide a regular source of income. The company may also expand its presence in gas-based energy projects, which are becoming increasingly important in India’s clean energy transition. With a strong focus on innovation and technology-driven exploration, ONGC aims to improve drilling success rates and production efficiency. In the midst of this expansion phase, the ONGC share price target for 2029 is expected to reach around ₹460, driven by higher output and improved operational performance. Growing energy demand could further strengthen investor confidence.
ONGC Share Price Target 2030
By 2030, ONGC is expected to remain a leading force in India’s energy sector with a strong portfolio of oil, gas, and emerging energy assets. The company is expected to benefit from growing demand from large-scale national energy projects and manufacturing and infrastructure development. With a large resource base and long-term development plan, ONGC can ensure stable production for many years to come. Amid this long-term growth journey, the ONGC share price target for 2030 is estimated at approximately ₹520, supported by strong earnings potential and continued business expansion. A continued focus on energy security and sustainability could further strengthen its future outlook.
ONGC Share Price Target 2026 to 2030
| Year | Price Target |
|---|---|
| 2026 | ₹289 |
| 2027 | ₹340 |
| 2028 | ₹395 |
| 2029 | ₹460 |
| 2030 | ₹520 |
Disclaimer
This content is only for educational purposes. We are not a SEBI-registered firm, so do not take this as investment advice. Before making an investment, consult your financial advisor.
