Here's a glimpse of the company's performance and key highlights:
✔️ The excellent combination of production growth and better gas segment profitability implies a strong dividend yield of 13.6% for FY23.
✔️Over the past three years, the dividend payout of ONGC has stood at 33% of its consolidated PAT
✔️It trades at 3.3x FY24E consolidated EPS of INR44.2 and 2.2x consolidated EV/EBITDA.
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Posted On: 03 Jan 2023 11:00 AM