Brokerages Recommend Buying ONGC Shares Amid Crude Price Volatility
Brokerage firms Elara Capital and Motilal Oswal recommend buying shares of Oil and Natural Gas Corporation Limited (ONGC), citing attractive valuations amid volatile crude oil prices. Elara Capital sets a target price of INR 320, highlighting growth potential from gas portfolios and exploration activities despite recent production declines due to operational challenges. Motilal Oswal targets INR 285, noting revenue in line with estimates and expecting a gradual volume decline. Both emphasize risks including crude price fluctuations and production issues but maintain a positive outlook on ONGC's investment case.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (56/100). Lens Score 33/100.
Outlets measured: moneycontrol, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–62/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 9 Nov, 03:18 am. Other outlets followed.
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