Jeffries foresees 50% upside potential in ONGC, stock up 3%
- Posted on February 4, 2025
- By Business News Today
- 2 Views
Jeffries foresees 50% upside potential in ONGC, stock up 3%
Jefferies maintains a Buy on ONGC, setting a Rs 375 target (upside 50.5%), citing strong production growth and a BP partnership. Recent regulatory actions may boost profitability. ONGC shares surged 3.2% post-update but showed mixed past performance.