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ONGC Q1 Results Review - Robust Volume Outlook; Execution Will Be Key: Dolat Capital

The brokerage broadly maintains its earnings estimates, but upwards revises target price to Rs 328 (earlier Rs 318), mainly due to increase in the value of investments.

<div class="paragraphs"><p>One of the rigs deployed at ONGC’s Eastern Offshore fields. (Source: ONGC’s Twitter handle)</p></div>
One of the rigs deployed at ONGC’s Eastern Offshore fields. (Source: ONGC’s Twitter handle)
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