Today, we recommend two stocks, one from the oil & gas sector and another from the metal & mining sector, recommended by the Trade Brains Portal, to buy for an upside potential of more than 17%. We also analyzed the market’s performance on Monday to understand what may lie ahead for the stock indices in the coming days.
ONGC
- Current price: ₹243
- Target price: ₹290
- Upside: 19.34%
- Time frame: 12 Months
Why it’s recommended: ONGC is India’s largest producer of crude oil and natural gas and holds the prestigious “Maharatna” status. The company plays a significant role in the Indian energy sector and is responsible for around 71% of India’s total crude oil and natural gas production. ONGC is well-diversified and integrated across the energy value chain. It has a presence in upstream (52 MMToE), refining (46 MMTPA), petrochemicals (3.8 MMTPA), value-added products (2,500 KTA), LNG (22.5 MMTPA), power generation (726 MW), and renewables (410 MW) through seven energy-related subsidiaries.
The company’s domestic proven oil reserves stood at 515.17 million tonnes of oil equivalent (MMTOE) as of FY25, which is slightly higher than the 514.83 MMTOE reported in FY24. Furthermore, the company’s renewable energy arm, ONGC Green Limited, acquired PTC Energy Limited (PEL), which operates 157 wind turbines with a combined capacity of 288.80 MW across Andhra Pradesh, Madhya Pradesh, and Karnataka.
ONGC reported operating revenue of Rs 6,63,262.31 crore in FY25, recording a 1.5% YoY increase. However, its profit after tax declined by 30.7% YoY, reaching Rs 38,328.59 crore, primarily due to a 100% rise in exploration costs. The company allocated Rs 10,300 crore for exploration in FY25, which is a 25% increase over FY24, and completed five onshore and four offshore discoveries. The total capital expenditure for the year stood at Rs 62,000 crore.
The company remains among the top dividend payers in India. In FY25, it distributed a total dividend of Rs 15,410 crore, declaring a dividend of Rs 12.25 per share, resulting in a dividend yield of 5%.
Risk factors: ONGC’s revenue is highly impacted by fluctuations in global crude oil and gas prices, making the company vulnerable to price fluctuations. The company also faces challenges related to changes in regulatory frameworks, licensing requirements, and compliance timelines, which can affect its operations and increase the risk of legal complications.
NALCO
- Current price: ₹192.81
- Target price: ₹225
- Upside: 16.69%
- Time frame: 12 Months
Why it’s recommended: Founded in 1981, National Aluminium Company Limited (NALCO) is a ‘Navratna’ Central Public Sector Enterprise (CPSE) classified under Schedule ‘A.’. It ranks among India’s largest integrated producers of bauxite, alumina, aluminum, and power. The company operates its own Panchpatmali Bauxite Mines to feed the alumina refinery at Damanjodi in Koraput district, Odisha, along with an aluminum smelter and captive power plant in Angul. NALCO’s capacities include 6.825 MTPA of bauxite, 2.1 MTPA of alumina, 0.46 MTPA of aluminum, 1,200 MW of captive power, 4 MTPA of coal, and 198 MW of wind power.
For FY26, the company plans to boost alumina production by 2 lakh tonnes to 22,50,000 tonnes and has allocated Rs 1,700 crore for capital expenditure. The FY27 investment plan includes Rs 2,000 crore for aluminum and alumina projects. NALCO is also pursuing expansion through projects for new bauxite mines (3.5 MTPA), an alumina refinery (1 MTPA), an aluminum smelter (0.5 MTPA), and a 1,080 MW captive power plant.
In FY25, NALCO posted its highest-ever revenue of Rs 16,787.63 crore and a record net profit of Rs 5,267.94 crore, an increase of 165% YoY. The management reported a 46% rise in EBITDA margin, driven by higher alumina and aluminum prices, with a target margin of around 36–37% for FY26.
Consistently, NALCO distributes dividends, offering both interim and final payouts. For FY25, it declared a total final dividend of Rs 8 per share, including two interim dividends of Rs 4.00 per share, paid in November 2024 and February 2025.
Risk factors: Risk factors include dependence on global aluminum prices, which are volatile due to supply-demand trends, geopolitical factors, and economic cycles. Raw material prices, like coal and caustic soda, can also fluctuate, impacting margins.
Market Recap, June 30th, 2025
The Nifty 50 opened higher on Monday with a gap-up at 25,661.65, gaining 23.85 points, or 0.09%, from the previous close of 25,637.80. However, the index declined by -120.75 points, or -0.47%, during the day, reaching a high of 25,669.35 in the morning before closing at 25,517.05. The RSI stood at 63.84, staying below the overbought level of 70, while the Nifty remained above the 20/50/100/200-day EMAs on the daily chart. The Sensex ended the session at 83,606.46, falling -452.44 points, or -0.54%, with its RSI at 62.51.
The Nifty PSU Bank Index was among the top gainers, closing at 7,202.40, up 186.90 points, or 2.66%. Bank of Maharashtra surged 5.2%, while Punjab National Bank and Bank of Baroda rose over 3%. Union Bank of India, Canara Bank, and Punjab & Sind Bank also added more than 2%, lifting the index.
The Nifty India Defence Index climbed 82.05 points, or 0.93%, closing at 8,870.40. Zen Technologies, Bharat Dynamics, Data Patterns (India), and Mazagon Dock Shipbuilders were the top gainers, each rising more than 2%.
Meanwhile, the Nifty Private Bank Index dropped -251.50 points, or -0.88%, ending at 28,254.60. Axis Bank fell -2.1%, while Kotak Mahindra Bank and ICICI Bank declined by more than 1%.
Asian markets showed mixed trends on Monday. Hong Kong’s Hang Seng slipped -211.87 points, or 0.88%, to 24,072.28. South Korea’s Kospi closed higher at 3,071.70, gaining 0.52%, or 15.76 points. Japan’s Nikkei 225 rose 336.60 points, or 0.83%, to 40,487.39, marking the strongest monthly performance since February 2024. The Shanghai Composite Index ended higher at 3,444.43, up 20.20 points, or 0.59%. As of 5:00 p.m., Dow Jones Futures were up 271.03 points, or 0.62%, at 44,090.30.
About: Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Private Limited, and its SEBI-registered research analyst registration number is INH000015729.
Investments in securities are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
