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ONGC Oil & Natural Gas Corporation Ltd. — Smart-Money Activity, F&O Buildup & Bulk Deals

Sector: Oil Gas & Consumable Fuels · Nifty 50 Weight: 1.13%
₹ 238.85
+0.44%
1-year price · range ₹231–₹301

Smart Money Verdict synthesis of derivatives, deals, and promoter files

Derivatives signal Short Covering
Price rose (+0.2%) on short-covering (OI down -1.3%), suggesting a temporary relief bounce rather than new buyers.

Analysis what the data is telling us about ONGC

In the last completed session, Oil & Natural Gas Corporation Ltd. closed +0.16% with futures open interest moving -1.3%. That combination — price rising while OI shrinks — is classified as Short Covering. It typically reflects existing short sellers closing positions, not fresh buying. Short-covering rallies can be sharp but tend to fade without follow-through demand. The stock's option PCR sits at 0.45, indicating heavy call-side writing — option dealers see resistance overhead.

There have been no notable bulk or block deals from FIIs, mutual funds, or insurance companies in Oil & Natural Gas Corporation Ltd. over the last 30 sessions.

Putting it together, the smart-money picture for Oil & Natural Gas Corporation Ltd. points to a supportive setup at the next open.

F&O Positioning EOD derivatives setup

Buildup Class
Short Covering
bias: bullish
Futures OI
67,909,500
-922500 (-1.3%)
Option PCR (OI)
0.45
heavy call writing
Max Pain Strike
₹ 240
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 237.80
yesterday's EOD close
Index Contribution
+0.005 pp
contribution to Nifty
Traded Volume
9,712,428
live shares traded today
Upcoming Earnings
no report scheduled

Technical Snapshot from 400 sessions of price history

RSI (14)
39.3
neutral momentum
52-Week High
₹ 307.50
-22.3% from high
52-Week Low
₹ 227.65
+4.9% above low
200-DMA
₹ 259.29
-7.9% · below trend
50-DMA
₹ 246.43
-3.1% from 50-DMA
1-Year Return
+1.7%
1M -2.0%

Key Fundamentals headline ratios · Energy

P/E (TTM)
7.2
price / earnings
P/B
0.8
price / book
ROE
return on equity
Market Cap
₹ 300,480 Cr
total market value
Dividend Yield
6.07%
trailing yield
EPS (TTM)
₹ 32.94
earnings per share

Fundamental ratios sourced from public market data, refreshed periodically; verify against company filings before relying on them.

Institutional Deals last 30 sessions (bulk & block)

No institutional bulk or block deals recorded for this stock in the last 30 sessions.

Insider & Promoter Filings last 60 days

No insider disclosures filed for this stock in the last 60 days.

Option Chain Ladder nearest expiry 2026-08-25 · spot 239 · EOD 2026-08-07

Option writers expect range between 230 and 250+4.7% upside, -3.7% downside.
roughly symmetric
Call OI (writers) Strike Put OI (writers)
90,000 +4k
IV 23% Δ 0.90 θ -0.1 ν 0
225
1,462,500 +159k
IV 26% Δ -0.13 θ -0.1 ν 0
63,000
IV 24% Δ 0.84 θ -0.1 ν 0
228
200,250 -171k
IV 26% Δ -0.17 θ -0.1 ν 0
742,500 -9k
IV 16% Δ 0.88 θ -0.1 ν 0
230 S
3,935,250 -126k
IV 25% Δ -0.22 θ -0.1 ν 0
297,000 +27k
IV 18% Δ 0.78 θ -0.1 ν 0
232
796,500 +40k
IV 25% Δ -0.28 θ -0.1 ν 0
969,750 +27k
IV 19% Δ 0.69 θ -0.1 ν 0
235
2,164,500 -156k
IV 25% Δ -0.35 θ -0.1 ν 0
972,000 +29k
IV 20% Δ 0.59 θ -0.1 ν 0
238
722,250 -34k
IV 25% Δ -0.43 θ -0.1 ν 0
5,465,250 -448k
IV 20% Δ 0.49 θ -0.1 ν 0
240 MP
3,433,500 +42k
IV 26% Δ -0.50 θ -0.1 ν 0
2,209,500 -408k
IV 21% Δ 0.40 θ -0.1 ν 0
242
567,000 -95k
IV 27% Δ -0.57 θ -0.1 ν 0
7,042,500 -72k
IV 21% Δ 0.32 θ -0.1 ν 0
245
1,228,500 -63k
IV 27% Δ -0.64 θ -0.1 ν 0
1,426,500 -5k
IV 22% Δ 0.25 θ -0.1 ν 0
248
211,500 +9k
IV 27% Δ -0.70 θ -0.1 ν 0
13,441,500
IV 23% Δ 0.20 θ -0.1 ν 0
250 R
1,383,750 -23k
IV 30% Δ -0.74 θ -0.1 ν 0
882,000 -48k
IV 24% Δ 0.16 θ -0.1 ν 0
252
155,250
IV 35% Δ -0.75 θ -0.1 ν 0
3,723,750 +330k
255
774,000
IV 29% Δ -0.83 θ -0.1 ν 0

Chain Interpretation

Spot Underlying 238.80
Key Resistance (R) 250
Key Support (S) 230
Max Pain Strike (MP) 240
Concentrations of Option open interest show strong barrier levels. Option writers defend these levels, especially heading into monthly derivatives expiry.

Strategy Builder multi-leg payoff for ONGC options · 2026-08-25 expiry

Underlying: ONGC · Spot: ₹ 238.80 · Expiry: 2026-08-25 · Lot: 2250

Legs

Side
Type
Strike
Qty
Premium
Net premium
Max profit
Max loss
Breakevens
Position Delta
Position Theta/day
Position Vega/1% IV

Payoff at expiry

Latest News recent coverage from Reuters, Simply Wall St, MT Newswires and others

ONGC — frequently asked questions

What is the Oil & Natural Gas Corporation Ltd. share price today?

ONGC is trading at ₹238.85 (+0.44% vs previous close), per the latest update on this page.

What is the P/E ratio of Oil & Natural Gas Corporation Ltd.?

ONGC (Oil & Natural Gas Corporation Ltd.) has a trailing twelve-month P/E ratio of 7.2.

What is the market cap of Oil & Natural Gas Corporation Ltd.?

ONGC has a market capitalisation of approximately ₹300,480 crore.

Is ONGC near its 52-week high?

ONGC is trading -22.3% from its 52-week high of ₹307.50 as of 2026-08-07.

What is the RSI of ONGC?

The 14-day RSI of ONGC is 39.3, which is considered neutral.

Is ONGC above its 200-day moving average?

ONGC is trading below its 200-DMA of ₹259.29 (-7.9% away).

What is the F&O buildup in ONGC?

The latest end-of-day derivatives data classifies ONGC as Short Covering (bias: bullish), based on the day's combined price and open-interest change.

What is the max pain and PCR for ONGC options?

ONGC's option-chain max pain strike is ₹240 and its put-call ratio (OI) is 0.45, from the latest end-of-day option chain.

Are FIIs or big investors buying ONGC?

Strota tracks every bulk and block deal in ONGC with named buyers and sellers, plus promoter and insider filings — the tables on this page list the most recent institutional activity as disclosed to the exchanges.