ONGC, Meesho & more: Top stocks to watch on June 11
Morgan Stanley has an overweight rating on ONGC with the target price at Rs 345. According to analysts, over the last two decades, ONGC has paid about $33 billion in dividends, roughly equal to its current market cap, while generating an average post-tax return on capital employed (ROCE) of 12%.
Morgan Stanley has an overweight rating on ONGC with the target price at Rs 345. According to analysts, over the last two decades, ONGC has paid about $33 billion in dividends, roughly equal to its current market cap, while generating an average post-tax return on capital employed (ROCE) of 12%.
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