ONGC share price jumps 4.19% to ₹234.83 on November 2
Indrashish Mitra
- 0 min read
Last Updated: 2nd November 2026 - 06:27 pm
Key Takeaways
- ONGC ended at ₹234.83, up 4.19%, and finished only ₹0.17 below the rounded session high of ₹235.
- Volume reached 12,634,079 shares; the close was above the 50-day DMA of ₹230.80 but below the 100- and 200-day averages.
- Six-month return stood at -21.61%, contrasting with a positive one-month return of 5.60%.
Oil & Natural Gas Corporation share price closed November 2 at ₹234.83, gaining 4.19% from the previous close of approximately ₹225. The stock opened at ₹226, also the displayed session low, and climbed to ₹235. It finished only ₹0.17 below the rounded high. Volume reached 12,634,079 shares.
The daily range was ₹9, and almost the entire movement was upward from the opening price. ONGC closed ₹8.83 above the open and roughly ₹10 above the previous close.
The share also moved above its 50-day DMA of ₹230.80, finishing ₹4.03 higher. The 100-day DMA remained above the close at ₹238.40, a difference of ₹3.57. The 200-day DMA stood at ₹245.80, leaving a ₹10.97 gap. The closing price therefore sat between the 50-day and 100-day averages.
ONGC's 52-week range extended from ₹219 to ₹308. At ₹234.83, the stock was only ₹15.83 above the annual low and ₹73.17 below the high. The page also indicated that the 52-week low had been recorded during October.
Returns showed a positive recent month but weaker longer periods. One-month performance stood at 5.60%. The three-month return was -3.17%, while six months showed a much larger decline of -21.61%. The one-year return stood at -8.04%.
November 2 produced a strong daily gain with the close nearly matching the session high. ONGC also finished above its 50-day DMA, though the stock remained below the 100- and 200-day averages and relatively close to its annual low.
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