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Topic: ONGC Ltd.

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ONGC

From : Vivek at 04:36 PM - Dec 12, 2007 ( )
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Presently i am holding 100 shares of ONGC purchased @ 825 . Should i hold on to this share for another 6 or 7 months ?. Fundamental wise it should touch or cross 1600 mark. Please suggest.


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From : Sachin at 10:03 PM - Dec 12, 2007 ( )


Fundamentally very good scrip but in hands of PSU.Hold greater command on its businees.The companies which do business with ONGC such as Aban,Shiv-vani,Garware offshore etc etc..are enjoying fullest premium.ONGC wil see 2000 mark soon with a very minimal downside risk.A safest bet.Hold it.




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