Largecap PSU stock to BUY: Brokerage suggests up to 63% return in the scrip - Check targets, record date, payment amount

Raghwendra Shukla | Nov 12, 2024, 11:13 AM IST

Largecap PSU stock to BUY, ONGC Dividend 2024: Shares of state-owned Oil and Natural Gas Corporation (ONGC) opened in green on Tuesday as the company reported a 17 per cent rise in its second-quarter net profit and equity benchmark indices Sensex and Nifty climbed in early trade.

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Largecap PSU stock to BUY, ONGC Dividend 2024: Share Price Today

Largecap PSU stock to BUY, ONGC Dividend 2024: Share Price Today

Largecap PSU stock to BUY, ONGC Dividend 2024: The counter opened in green at Rs 262.55 against the previous close of Rs 256.90 on the BSE. However, it fell to hit the low of Rs 256.30. Last seen, it was trading at Rs 261.

 

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Largecap PSU stock to BUY, ONGC Dividend 2024: Share Price Target

Largecap PSU stock to BUY, ONGC Dividend 2024: Share Price Target

Largecap PSU stock to BUY, ONGC Dividend 2024: Brokerage firm Jefferies has maintained a buy call on this stock with a target of Rs 420.

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Largecap PSU stock to BUY, ONGC Dividend 2024: Over 63% return

Largecap PSU stock to BUY, ONGC Dividend 2024: Over 63% return

Largecap PSU stock to BUY, ONGC Dividend 2024: The counter had closed at Rs 256.90 in the last trading session and from here it can give a return of 63.48 per cent to investors.

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Largecap PSU stock to BUY, ONGC Dividend 2024: Share Price History

Largecap PSU stock to BUY, ONGC Dividend 2024: Share Price History

Largecap PSU stock to BUY, ONGC Dividend 2024: The counter has given a positive return of 33 per cent in one year and an 86 per cent return in two years. 

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Largecap PSU stock to BUY, ONGC Dividend 2024: Dividend Amount

Largecap PSU stock to BUY, ONGC Dividend 2024: Dividend Amount

Largecap PSU stock to BUY, ONGC Dividend 2024: Meanwhile, the company has announced an interim dividend of Rs 6 per equity share of face value of Rs 5 each. 

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Largecap PSU stock to BUY, ONGC Dividend 2024: Record Date

Largecap PSU stock to BUY, ONGC Dividend 2024: Record Date

Largecap PSU stock to BUY, ONGC Dividend 2024: The company has fixed November 20, as the record date to determine the eligibility of shareholders for this corporate action.

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Largecap PSU stock to BUY, ONGC Dividend 2024: Net Profit Rises 17%

Largecap PSU stock to BUY, ONGC Dividend 2024: Net Profit Rises 17%

Largecap PSU stock to BUY, ONGC Dividend 2024: The company has reported a 17 per cent rise in its second-quarter net profit primarily because of lower windfall and other taxes.

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Largecap PSU stock to BUY, ONGC Dividend 2024: Disclaimer

Largecap PSU stock to BUY, ONGC Dividend 2024: Disclaimer

Largecap PSU stock to BUY, ONGC Dividend 2024: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.

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