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amaansiddiqui45
2021年2月19日午前6時2分

Target 150 | CUP & HANDLE | FLAG & POLE | DOUBLE BOTTOM 

OIL & NATURAL GASNSE

詳細

The brokerage values ONGC NSE -0.45 % at 4x FY23E EV/EBITDA to arrive at Rs130 TP, assuming USD2.3/2.7 APM prices for FY22/23. Under a blue sky scenario - USD60/bbl Brent, USD3.5/mmbtu gas price and KG-DWN-98/2 ramp up, FV comes above Rs170/sh.
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