Elara Capital remains bullish on Oil & Natural Gas Corporation Limited, rais

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Hello Market
Verified Source
2026-02-17 2 min read
**Key Insight:** Elara Capital remains bullish on Oil & Natural Gas Corporation Limited, raising the target price to ₹320.

Elara Capital remains bullish on Oil & Natural Gas Corporation Limited, raising the target price to ₹320.

GasGx Editorial Insight
**Key Insight:** Elara Capital remains bullish on Oil & Natural Gas Corporation Limited, raising the target price to ₹320.

[Body Paragraph 1: Analysis of the market/tech situation]
The article mentions that Elara Capital is bullish on Oil & Natural Gas Corporation Limited (ONGC), indicating a positive outlook for the company's stock. This suggests that investors are optimistic about ONGC's future performance and potential growth opportunities. However, it's important to note that this bullish sentiment may be influenced by factors such as oil prices, geopolitical stability, and other economic indicators.

[Body Paragraph 2: The specific operational implication]
Given the bullish sentiment, it's crucial for ONGC to maintain its current level of operations while also exploring new revenue streams and cost-saving measures. For example, ONGC could consider investing in renewable energy sources like solar or wind power to reduce its reliance on fossil fuels. Additionally, the company could explore opportunities for cross-border trade and collaboration with other oil and gas companies in different regions.

[GasGx Take:]
To address the operational implications mentioned in the article, GasGx can provide ONGC with a range of tools and features that can help them optimize their operations and reduce costs. For instance, GasGx's LCOE Calculator can help ONGC forecast the levelized cost of energy over a given period, allowing them to make informed decisions about investment and expansion plans. Similarly, GasGx's Smart Monitoring System can alert ONGC to potential issues or maintenance needs before they become major problems, reducing downtime and improving uptime. Finally, GasGx's data integrity reporting features can help ONGC track compliance with regulatory requirements and ensure that they are operating within legal boundaries.

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