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Is ONGC becoming India’s key energy security bet? Motilal Oswal sees 22% upside

Posted on July 6, 2026
By Financial Express
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1 min read

Is ONGC becoming India’s key energy security bet? Motilal Oswal sees 22% upside

Motilal Oswal has turned bullish on ONGC, citing stronger oil prices, rising production and a nearly 6% dividend yield. Here's what is driving the 'Buy' call.