Oil and Natural Gas Corporation (ONGC) has been rallying. Motilal Oswal has upgraded the stock after a long time stating that cost efficiency, production growth and dividend yields are the key drivers for a rerating.
AK Srinivasan, Director-Finance of the company analyses what the future may look like for the company.
Below is the verbatim transcript of the interview.
Sonia: I wanted to start by asking you about the gas output over the next few years because there are a lot of positive growth estimates coming in over there from the analyst fraternity. What will be your own assessment from the gas output over the next two years? Read More…