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ONGC hits 52-week high, Oil India jumps as crude oil soars amid Red Sea crisis

ONGC hits 52-week high, Oil India jumps as crude oil soars amid Red Sea crisis

Mon, Jan 29, 2024

Domestic brokerage Motilal Oswal Financial Services upgraded state-run OMC HPCL to ‘buy’ with a target of Rs 530, after the company reported its December quarter results.

There will be re-rating of the stock of this oil company due to the announcements in the budget, do SIP. Cheap stock in your budget

There will be re-rating of the stock of this oil company due to the announcements in the budget, do SIP. Cheap stock in your budget

Mon, Jan 29, 2024

'Cheap shares in your budget'... Get cheap budget shares with strong fundamentals... This stock will get a boost from budget announcements, why will the focus be on ONGaC in Budget 2024?

Hardeep Puri inaugurates ONGC Digital Corporate Visualisation Centre

Hardeep Puri inaugurates ONGC Digital Corporate Visualisation Centre

Thu, Jan 25, 2024

The inauguration was attended by Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas; Rajesh Kumar Singh, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT); and Arun Kumar Singh, Chairman and CEO, ONGC.

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Budget 2018: ITC, Sun Pharma among top trading calls ahead of Budget

Budget 2018: ITC, Sun Pharma among top trading calls ahead of Budget

Wed, Jan 31, 2018

Zee Business brings you four stocks that are not only smart Budget plays, but also hold strong fundamentals for a longer horizon.

ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

Wed, Jan 24, 2018

The company is likely to sign-up more loan agreements to pay Rs 36,915 crore to the government before the month-end.

Essar Oilfields bags Rs 32 crore contract from ONGC

Essar Oilfields bags Rs 32 crore contract from ONGC

Wed, Jan 24, 2018

Essar Oilfields Services India Ltd (EOSIL) on Wednesday said it has been awarded a contract worth Rs 32 crore by ONGC to drill 30 wells at the latters coal bed methane block in Bokaro in Jharkhand for one year.

ONGC to sell stake in IOC, GAIL to fund HPCL deal; shares gain

ONGC to sell stake in IOC, GAIL to fund HPCL deal; shares gain

Tue, Jan 23, 2018

To purchase 51.11% stake in HPCL, the state-owned Oil & Natural Gas Corp (ONGC) needs to pay about Rs 36,915 crore to the government.

India sees scope for more integration among state energy companies

India sees scope for more integration among state energy companies

Tue, Jan 23, 2018

ONGC`s purchase of a majority stake in HPCL is expected to close by the end of this month and Pradhan said there was a possibility to combine HPCL with ONGC`s petrochemical projects and its refining arm Mangalore Refinery and Petrochemicals Ltd.

Nifty hits 11,000 for first time ever, jumps 1000 points in 75 sessions

Nifty hits 11,000 for first time ever, jumps 1000 points in 75 sessions

Tue, Jan 23, 2018

The Nifty50 had hits its previous milestone of 10,000 on July 25, 2017. As many as 23 stocks rallied over 10 per cent during the same period.

ONGC shares rise on deal to buy majority stake in HPCL

ONGC shares rise on deal to buy majority stake in HPCL

Mon, Jan 22, 2018

Shares of Oil and Natural Gas Corp Ltd jumped as much as 6.3 percent on Monday after the explorer said it would buy a majority stake in refiner Hindustan Petroleum Corp Ltd for a smaller premium than expected.

Indices hit record highs; RIL, ONGC, IT stocks led the rally

Indices hit record highs; RIL, ONGC, IT stocks led the rally

Mon, Jan 22, 2018

After hitting the day's high of 35827.70 points, Sensex closed 0.81% higher at 35,798.01, while Nifty50 settled at 10,966.20, up 0.66%

RIL, HDFC, Jubilant FoodWorks stocks surge on spectacular Q3 results

RIL, HDFC, Jubilant FoodWorks stocks surge on spectacular Q3 results

Mon, Jan 22, 2018

Shares of ONGC jumped as much as 6.3% today to their highest in nearly a year after the the company said it would buy a majority stake in state-run refiner HPCL

ONGC stock jumps 6% on 51.11% stake acquisition in HPCL

ONGC stock jumps 6% on 51.11% stake acquisition in HPCL

Mon, Jan 22, 2018

Shares of ONGC today opened on a bullish note at Rs 199, then surged 6.40 per cent to an early high of Rs 206 on the BSE.

Sensex hits fresh high, Nifty reclaims 10,900; ONGC up 6%

Sensex hits fresh high, Nifty reclaims 10,900; ONGC up 6%

Mon, Jan 22, 2018

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained up to 0.4 per cent.

Pawan Hans chopper with 7 crashes off Mumbai, 3 bodies found

Pawan Hans chopper with 7 crashes off Mumbai, 3 bodies found

Sat, Jan 13, 2018

Three bodies were found besides some parts of the crashed chopper

L&T Hydrocarbon Engineering bags Rs 1,483 crore order from ONGC

L&T Hydrocarbon Engineering bags Rs 1,483 crore order from ONGC

Fri, Jan 05, 2018

The project, part of ONGC's strategy to jointly develop three small and marginal fields/blocks under 'Bassein Development 3 Well Platform and Pipeline Project', is scheduled to be completed by May 2019.

Sensex rebounds 123 points in opening trade on Asian cues

Sensex rebounds 123 points in opening trade on Asian cues

Thu, Jan 04, 2018

The 30-share index rebounded by 123.37 points, or 0.36 per cent, to 33,916.75. The gauge had lost 263.45 points in the previous three sessions.

IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC

IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC

Mon, Dec 25, 2017

The merger options were indicated following Finance Minister Arun Jaitley's announcement in the 2017-18 Budget speech on the government's plan to create integrated public sector oil majors that will be "able to match the performance of international and domestic private sector oil and gas companies".

HDFC, HDFC Bank, ONGC, Bharti Airtel, Tata Motors, TCS in focus today

HDFC, HDFC Bank, ONGC, Bharti Airtel, Tata Motors, TCS in focus today

Fri, Dec 22, 2017

HDFC has approved the sale of 100% of its equity share capital of HDFC Developers and HDFC Realty to Quikr India for Rs 101.99 cr and Rs254.98 cr, respectively. The stock is trading flat after hitting the day's high of 1715.85 on the NSE.

Marti Suzuki touches 10,000 mark for a brief period

Marti Suzuki touches 10,000 mark for a brief period

Wed, Dec 20, 2017

At Rs 10,000, it was up 1.5% from its previous close with a market cap of Rs 3.01 trillion. The stock opened at 9,970 on the BSE and 9,966 on the NSE.

Privatise ONGC, selling 18% can fetch Rs 41,000 crore

Privatise ONGC, selling 18% can fetch Rs 41,000 crore

Sun, Dec 03, 2017

Selling just 18% out of the government's 68.07% shareholding in Oil and Natural Gas Corp (ONGC) will fetch over Rs 41,000 crore at current market price, many times more than the investment commitment it may get from giving away 60% in 11 identified oil and gas fields of the company, they said.

ONGC officers seek PM intervention to stall Oil Ministry move

ONGC officers seek PM intervention to stall Oil Ministry move

Mon, Nov 27, 2017

Oil Ministry has identified 15 producing oil and gas fields of ONGC and Oil India Ltd for handing over to private firms on the premise of raising output.

ONGC wants higher gas price to produce KG, Kutch discoveries

ONGC wants higher gas price to produce KG, Kutch discoveries

Sun, Nov 26, 2017

Gas discoveries in shallow sea off Andhra Pradesh on the east, and off Gujarat on the west are economically unviable to produce at the current government-mandated price of $2.89 per million British thermal unit, a senior company official said.

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