Upcoming ONGC Dividend of Rs 1.25: Record Date Fixed; Why To Accumulate This Maharatna PSU Stock?

The largest natural gas and crude oil corporation in India is ONGC, or Oil and Natural Gas Corporation, which received a Maharatna status in 2010. Since the Board announced the record date for the forthcoming dividend distribution, the Maharatna PSU stock is anticipated to continue to be closely watched. ONGC is a major player in the oil exploration industry, with a market valuation of about Rs 2,97,963 crore. Although ONGC's share price has seen a significant 25% drop in the last year, it has demonstrated robust long-term gains during the previous five years, rising by more than 200%.

ONGC Dividend

"This has reference to our letter dated 21.05.2025, informing that the Board of Directors, inter-alia, recommended final dividend of Rs 1.25/- per share for FY'25, subject to the approval of members. In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Thursday, 4th September 2025 has been fixed as 'Record Date' for determining eligibility of members for payment of Final dividend, subject to declaration by the members in the ensuing Annual General Meeting of the Company, if any," said ONGC in a stock exchange filing.

ONGC Q1 Result Date

"Pursuant to Regulation 29 & 51 read with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that a meeting of Board of Directors of the Company is scheduled to be held on Tuesday, the 12th August, 2025, inter-alia, to consider and approve Un-Audited Financial Results of the Company for the quarter ended 30th June, 2025," ONGC informed stock exchanges on Monday.

ONGC Target Price

"ONGC is showing stable price action, holding above key support at ₹228. Resistance is placed at ₹240, and a breakout could drive it toward ₹248-₹250. Momentum indicators are mildly bullish, suggesting buying interest on declines. As long as it sustains above ₹228, the short-term outlook remains positive. Traders can accumulate near ₹230-₹232 with a stop-loss below ₹226," commented Riyank Arora, technical analyst at Mehta Equities.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor GoodReturns. The author, nor the brokerage firm nor GoodReturns would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.