18 Mar 2026 | 3 Mins Read

ONGC's Potential Underappreciated in Oil Market

Flipitmoney

ONGC is viewed as a potential undervalued “hidden gem” due to its dominant position in India’s oil production, strong cash flows and attractive valuations compared to global peers. Rising crude prices support earnings, but risks such as declining production, government intervention and oil price volatility remain key concerns.