ONGC share price closes at ₹232.43; declines 1.85% on September 17

Key Takeaways

• ONGC lost ₹4.37 or 1.85% to close at ₹232.43 after trading between the rounded levels of ₹231 and ₹236. 
• The closing price sat only ₹4.43 above the 52-week low of ₹228, making the annual low one of the closest in the verified set. 
• ONGC remained below its 50-day, 100-day and 200-day DMAs, while all four displayed return periods were negative. 

Oil & Natural Gas Corporation share price closed September 17 at ₹232.43, down ₹4.37 or 1.85%. ONGC opened at ₹235 following a previous close of ₹237. Its displayed intraday high was ₹236 and the low ₹231, giving the session a rounded ₹5 range. The closing price finished near the lower end of that band. 

The 52-week low was especially close to the latest price. ONGC's annual low stood at ₹228, only ₹4.43 below the September 17 close. The 52-week high was ₹308, leaving a considerably larger ₹75.57 gap on the other side. Market capitalisation stood at ₹2,92,403 crore. 

Trading volume reached 11,348,861 shares. The moving-average figures were all higher than the final price. The 50-day DMA was ₹240.60, putting the close ₹8.17 below it. The 100-day measure stood at ₹247.90, while the 200-day DMA was ₹252.40. The respective differences widened to ₹15.47 and ₹19.97. 

Return data remained negative across each displayed time frame. The one-month return was -1.68%, and three-month performance was -6.35%. ONGC recorded -10.76% over six months and -1.13% over one year. The six-month reading was the weakest among those four periods. 

September 17 saw the stock begin ₹2 below the rounded previous close and trade no higher than ₹236. It subsequently reached ₹231 before settling at ₹232.43. Even with more than 11.3 million shares changing hands, the displayed high-low range was only ₹5. The close remained under each of the three moving averages and only a few rupees above the 52-week low. That proximity was much more pronounced than the gap to the ₹308 annual high. The combination of a 1.85% daily decline, high trading volume and a closing price near the annual low defined ONGC's September 17 data.