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11-Oct2018

ONGC trades in green on the bourses

Oil & Natural Gas Corporation (ONGC) is currently trading at Rs. 149.40, up by 0.75 points or 0.50% from its previous closing of Rs. 148.65 on the BSE.

The scrip opened at Rs. 147.70 and has touched a high and low of Rs. 153.45 and Rs. 147.00 respectively. So far 240583 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 212.90 on 25-Jan-2018 and a 52 week low of Rs. 144.90 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 162.00 and Rs. 144.90 respectively. The current market cap of the company is Rs. 193204.36 crore.

The promoters holding in the company stood at 67.45%, while Institutions and Non-Institutions held 18.99% and 13.56% respectively.

Oil and Natural Gas Corporation (ONGC) has awarded a contract for development of its mega KG-D5 oil and gas fields to a consortium of Baker Hughes, McDermott International and L&T Hydrocarbon Engineering (LTHE). The contract value is Rs 11,740.86 crore.

ONGC is India's largest government-run corporation and produces about 70% of India's crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.


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