Indicating a favorable risk-reward ratio for Oil and Natural Gas Corporation (ONGC), global brokerage firm Jefferies has reiterated its βbuyβ rating on the stock, setting a target price of Rs 375, an upside potential of 50.5%. Following this update, the shares of ONGC surged 3.2% to an intraday high of Rs 257.15 on the BSE….
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