Oil & Natural Gas Corporation share price closes at ₹239; gains 0.89% on September 24

Key Takeaways:

Oil & Natural Gas Corporation closed at the session high of ₹239 after rising ₹2.10 or 0.89% from the previous close. 

The final price was only ₹0.50 below the 50-day DMA, while the 100-day and 200-day averages remained at ₹246.60 and ₹251.50. 

One-month and one-year returns were positive at 1.10% and 0.99%, while three-month and six-month readings were negative. 

Oil & Natural Gas Corporation share price ended September 24 at ₹239, up ₹2.10 or 0.89% from the previous close of ₹237. The stock opened at ₹236, dipped to ₹235 and reached ₹239. The closing price therefore matched the displayed session high. Only ₹4 separated the high and low, and the finish was ₹3 above the opening price. 

Volume reached 8,753,043 shares. Market capitalisation stood at ₹300,669 crore. The stock’s closing position at the high was one of the clearest daily features, particularly because the session itself remained confined to the narrow ₹235–₹239 band. 

The 50-day DMA was ₹239.50, only ₹0.50 above the closing price. The 100-day DMA stood at ₹246.60, leaving a ₹7.60 difference, while the 200-day DMA was ₹251.50, or ₹12.50 above the finish. The 50-day and 200-day averages were ₹12 apart. 

Across the previous 52 weeks, the low was ₹228 and the high ₹308. At ₹239, ONGC closed ₹11 above the annual low and ₹69 below the high. The full annual range covered ₹80, compared with ₹4 during the September 24 session. 

Returns moved between positive and negative depending on the period. One month stood at 1.10%, three months at -2.19%, six months at -9.96% and one year at 0.99%. The one-month and one-year figures were almost identical, only 0.11 percentage point apart, while six months was the weakest reading. 

The 50-day moving average was the closest longer-period reference, just ₹0.50 above the final price. The annual low was ₹11 below the close, roughly comparable with the ₹12.50 gap to the 200-day DMA. At the session level, the stock finished at the high after opening ₹3 lower, with a total high-low movement of ₹4.