ONGC Rating – Buy: Delay in O&G output ramp-up the only concern

Q2 consolidated EPS up 64%; FY22-23e EPS raised by 24-8% given positives; valuation’s attractive; ‘Buy’ retained with TP of Rs 230

from The Financial Express https://ift.tt/3CEXchW
https://ift.tt/eA8V8J ICICI Securities