Buy ONGC, target Rs 196: Manas Jaiswal

INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Oil And Natural Gas Corporation Ltd
with a target price of Rs 196.0
The current market price of Oil And Natural Gas Corporation Ltd
is Rs 188.15
Time period given by analyst is Intra Day when Oil And Natural Gas Corporation Ltd
price can reach defined target
Manas Jaiswal recommended to keep stop loss at Rs 184
Oil And Natural Gas Corporation Ltd., incorporated in 1993, is a large-cap company with a market cap of Rs 241457.32 crore. Oil And Natural
Gas Corporation Ltd
key Products/Revenue Segments include Oil Crude which contributed Rs 54803.55 Crore to Sales Value (70.34 % of Total Sales), Gas Natural
which contributed Rs 13939.77 Crore to Sales Value (17.89 % of Total Sales), Liquefied Petroleum Gas which contributed Rs 3727.57 Crore to
Sales Value (4.78 % of Total Sales), Naphtha which contributed Rs 3045.49 Crore to Sales Value (3.90 % of Total Sales), C2/C3
(Ethane/Propane) which contributed Rs 855.69 Crore to Sales Value (1.09 % of Total Sales), Ethane which contributed Rs 535.36 Crore to Sales
Value (0.68 % of Total Sales), Propane which contributed Rs 222.34 Crore to Sales Value (0.28 % of Total Sales), Subsidy which contributed
Rs 189.75 Crore to Sales Value (0.24 % of Total Sales), Superior Kerosene Oil which contributed Rs 132.13 Crore to Sales Value (0.16 % of
Total Sales), Other Operating Revenue which contributed Rs 116.13 Crore to Sales Value (0.14 % of Total Sales), Butane which contributed Rs
113.07 Crore to Sales Value (0.14 % of Total Sales), Electricity which contributed Rs 70.00 Crore to Sales Value (0.08 % of Total Sales),
Low Sulphur Stock which contributed Rs 56.22 Crore to Sales Value (0.07 % of Total Sales), Processing Charges which contributed Rs 42.43
Crore to Sales Value (0.05 % of Total Sales), HSD which contributed Rs 42.09 Crore to Sales Value (0.05 % of Total Sales), Mineral
Turpentine Oil (MTO) which contributed Rs 13.00 Crore to Sales Value (0.01 % of Total Sales), High Speed Diesel (Trading) which contributed
Rs 1.98 Crore to Sales Value (0.00 % of Total Sales), Motor Spirit which contributed Rs 1.07 Crore to Sales Value (0.00 % of Total Sales),
Others which contributed Rs .10 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2017
Mr.Amar Nath, Mr.D D Misra, Mr.Deepak Sethi, Mr.K M Padmanabhan, Mr.Rajesh Kakkar, Mr.Rajiv Bansal, Mr.Sanjay Kumar Moitra, Mr.Shashi
Shanker, Mr.Subhash Kumar, Mr.Sumit Bose, Mr.Vivek Mallya, Prof.Shireesh B Kedare
Company has PKF Sridhar Santhanam LLP as its auditoRs As on 31-03-2018, the company has a total of 12,833,235,180 shares outstanding