ONGC to see great conjunction in 2023, can rally up to 32%: Motilal Oswal
"The year 2023 is likely to be a defining year for ONGC with two prominent triggers. These are a) a rise in domestic oil & gas production, and b) a possible floor on gas realization. Both are likely to play out in favour of the company, an outcome that makes us pitch ONGC as the top idea for 2023 in the sector," Motilal Oswal said.