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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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Buy, Sell or Hold: What should investors do with JSW Holdings, ONGC and LIC Housing Finance?

Buy, Sell or Hold: What should investors do with JSW Holdings, ONGC and LIC Housing Finance?

Mon, Jan 31, 2022

Indian markets closed in the red on Friday for the second consecutive day in a row.

GAIL completes acquisition of IL&FS' stake in OTPC

GAIL completes acquisition of IL&FS' stake in OTPC

Tue, Jan 04, 2022

On Tuesday, the state-owned gas utility company GAIL (India) said it has completed the acquisition of the bankrupt Infrastructure Leasing and Financial Services' (IL&FS) 26 per cent stake in ONGC Tripura Power Company (OTPC).

Who is Alka Mittal? 1st woman to head ONGC - Things to know about her

Who is Alka Mittal? 1st woman to head ONGC - Things to know about her

Tue, Jan 04, 2022

She is also on the board of ONGC Mangalore Petrochemicals Limited (OMPL) as ONGC nominee Director since August 2015.

ONGC appoints Alka Mittal as company’s first ever female Chairman & MD

ONGC appoints Alka Mittal as company’s first ever female Chairman & MD

Mon, Jan 03, 2022

State-run Oil & Natural Gas Corporation (ONGC) has announced appointment of Dr Alka Mittal as the Chairman and Managing Director of the company. Mittal who is Director, Human Resources at ONGC has been given an additional charge as the CMD f the company

No proposal to transfer ONGC's assets to OIL: Minister of State for Petroleum and Natural Gas

No proposal to transfer ONGC's assets to OIL: Minister of State for Petroleum and Natural Gas

Mon, Dec 13, 2021

Assam Chief Minister Himanta Biswa Sarma had earlier this year written to Prime Minister Narendra Modi requesting him to consider transferring all assets of Oil and Natural Gas Corporation (ONGC) in the northeastern region to Oil India Ltd.

ONGC seeks minimum USD 4 for CBM gas, USD 3.5 for gas in N-E

ONGC seeks minimum USD 4 for CBM gas, USD 3.5 for gas in N-E

Sun, Dec 12, 2021

India's top oil and gas producer ONGC is seeking a minimum price of USD 3.5-4 for the natural gas it plans to produce from coal seams in Jharkhand and a field in Tripura.

ONGC inks pact with SECI to develop renewable, ESG projects

ONGC inks pact with SECI to develop renewable, ESG projects

Thu, Dec 02, 2021

In a bid to strengthen its footprint in the renewable space, particularly solar energy, state-owned Oil and Natural Gas Corporation (ONGC) on Thursday signed an agreement with Solar Energy Corporation of India (SECI) to scale up its clean energy projects.

'Ministry proposal to give Mumbai High field to private sector 'systematic weakening' of ONGC'

'Ministry proposal to give Mumbai High field to private sector 'systematic weakening' of ONGC'

Thu, Nov 25, 2021

The Oil Ministry's proposal to strip ONGC of its main oil and gas producing fields of Mumbai High and Bassein in the western offshore is a "systematic weakening" of the state-owned firm, well-regarded former bureaucrat EAS Sarma has written to the Prime Minister.

Sector Spotlight: Oil & Gas stocks in focus today; analyst picks 3 stocks for short-term gains

Sector Spotlight: Oil & Gas stocks in focus today; analyst picks 3 stocks for short-term gains

Wed, Nov 24, 2021

Nilesh Jain, who is who is Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking picks ONGC, Indian Oil Corporation Limited (IOC) and Gujarat Gas Limited

ONGC doubles in a year! Global brokerages see another 50% upside on post Q2 results

ONGC doubles in a year! Global brokerages see another 50% upside on post Q2 results

Mon, Nov 15, 2021

Global brokerages remain positive on ONGC post September quarter results and raised the target price after it reported robust earnings for the July-September quarter of the financial year 2021-22 (Q2FY22).

ONGC Q2FY22 Results: Profit jumps manifold to Rs 18,348 cr, revenue grows double-digit

ONGC Q2FY22 Results: Profit jumps manifold to Rs 18,348 cr, revenue grows double-digit

Fri, Nov 12, 2021

The topline witnessed double-digit growth while the bottom-line grew manifold during the quarter; besides it has also declared a dividend of Rs 5 per share.

Govt wants ONGC to identify areas for involving private sector: Oil Secretary

Govt wants ONGC to identify areas for involving private sector: Oil Secretary

Thu, Nov 11, 2021

India is 85 per cent dependent on imports to meet its oil needs, and a way to cut the high import bill is to increase domestic production.

ONGC shares hit 52-week high for two straight days on rising oil price; stock jumps 17% in 2 days

ONGC shares hit 52-week high for two straight days on rising oil price; stock jumps 17% in 2 days

Wed, Oct 06, 2021

For the second straight session, the shares of Oil and Natural Gas Corporation (ONGC) have hit a new 52-week high on Wednesday, after surging over 5.5 per cent to Rs 172.8 apiece on the BSE intraday trade amid rising crude oil prices.

Govt receives over Rs 2,800 cr dividend from CIL, ONGC this fiscal

Govt receives over Rs 2,800 cr dividend from CIL, ONGC this fiscal

Tue, Oct 05, 2021

Besides, Rs 9,110 crore has been mobilised through disinvestment in various Central Public Sector Enterprises (CPSEs) so far this fiscal.

Gas price increase positive for ONGC, Reliance: Fitch

Gas price increase positive for ONGC, Reliance: Fitch

Tue, Oct 05, 2021

According to Fitch Ratings, the recent 62 per cent increase in natural gas prices by the Indian government will boost the profitability of upstream companies in the country like ONGC and Reliance Industries Ltd.

Buy, Avoid or Hold? Analyst gives recommendations on ONGC, IOC, Gujarat Gas

Buy, Avoid or Hold? Analyst gives recommendations on ONGC, IOC, Gujarat Gas

Tue, Oct 05, 2021

Oil prices climbed on Tuesday, hitting their highest levels in at least three years, extending gains triggered during the previous session after the world’s major oil producers announced they had decided to keep a cap on crude supplies, Reuters reported

ONGC shares surge 10%, hit new 52-week high as crude oil breaches $81 per bbl – check Anil Singhvi’s view

ONGC shares surge 10%, hit new 52-week high as crude oil breaches $81 per bbl – check Anil Singhvi’s view

Tue, Oct 05, 2021

Amid higher crude oil prices, the shares of state-run Oil and Natural Gas Corporation (ONGC) have jumped 10 per cent and touched a fresh 52-week high of Rs 162.35 per share on the BSE intraday trade on Tuesday.

Gas Price Hike: Power, fertilisers to take maximum hit; these stocks will benefit directly—Experts' take

Gas Price Hike: Power, fertilisers to take maximum hit; these stocks will benefit directly—Experts' take

Tue, Oct 05, 2021

The government on September 30 hiked the prices of natural gas by 62 per cent. The steep hike in price of the natural gas was soon followed by increase in CNG and piped natural gas prices in the national capital and other domestic markets.

Gas price hike: Sectors and shares that will be affected the most— These stocks should be in investors' watchlist

Gas price hike: Sectors and shares that will be affected the most— These stocks should be in investors' watchlist

Sat, Oct 02, 2021

The government has raised natural gas price used by households for cooking by 62% on Thursday.

Stocks to buy today: Which shares will see action today, where should you invest to make profit? Check the list

Stocks to buy today: Which shares will see action today, where should you invest to make profit? Check the list

Thu, Sep 23, 2021

In a Trader’s Dairy segment on Thursday, Zee Business Senior Research Analysts Varun Dubey and Kushal Gupta suggest stocks from the cash and F&O markets.

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