June 12, 2025: Shares of Oil and Natural Gas Corporation (ONGC) ONGC Share Price remained relatively steady during Thursday’s trading session, closing at ₹250.2. The stock touched an intraday low of ₹249.1 and a high of ₹255.15, reflecting mild volatility amid cautious market sentiment.
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Despite the fluctuations, ONGC registered a 0.95% gain for the day, contributing to a monthly return of 2.34% and a three-month return of 11.15%.
📊 Technical Snapshot
ONGC’s daily pivot point stands at ₹252.95, with resistance at:
- R1: ₹254.95
- R2: ₹257.15
- R3: ₹259.15
On the support side:
- S1: ₹250.75
- S2: ₹248.75
- S3: ₹246.55
In terms of moving averages, ONGC shows consolidation near its short- and mid-term indicators:
| Time Frame | SMA (₹) | EMA (₹) |
|---|---|---|
| 5-Day | 239.17 | 241.78 |
| 10-Day | 240.42 | 241.43 |
| 20-Day | 243.10 | 241.79 |
| 50-Day | 241.46 | 241.76 |
| 100-Day | 242.53 | 244.84 |
| 200-Day | 259.05 | 250.80 |
🔍 Performance Review & Peer Comparison
Over a longer-term horizon, ONGC has delivered a 58.65% gain over three years and 201.43% over five years, though recent six-month and one-year returns remain in the red at -0.37% and -8.13%, respectively.
Meanwhile, sector competitor Oil India has demonstrated much stronger momentum in recent quarters, posting:
- 1W: 13.2%
- 1M: 14.75%
- 3M: 30.28%
- 1Y: 8.32%
- 5Y: 686.2%
💡 Investor Insight
ONGC’s short-term technicals show stability with mild bullish undertones, but it continues to lag behind Oil India in terms of short- to medium-term performance. While long-term investors may take comfort in ONGC’s historical resilience and fundamentals, momentum traders might lean toward more aggressive sector plays in the near term.