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ONGC advances on plans of investing Rs 36,249.37 crore on the project expansion

02 Mar 2015 Evaluate

Oil & Natural Gas Corporation (ONGC) is currently trading at Rs. 327.60, up by 2.65 points or 0.82 % from its previous closing of Rs. 324.95 on the BSE.

The scrip opened at Rs. 329.00 and has touched a high and low of Rs. 329.80 and Rs. 327.40 respectively. So far 52127 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 472.00 on 09-Jun-2014 and a 52 week low of Rs. 282.85 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 334.00 and Rs. 313.00 respectively. The current market cap of the company is Rs. 280192.30 crore.

The promoters holding in the company stood at 68.94 % while Institutions and Non-Institutions held 17.45 % and 13.62 % respectively.

State-run oil firms including Oil and Natural Gas Corporation (ONGC) will invest over Rs 76,565 crore on the project expansion during 2015-16, up 5 percent over the previous fiscal. ONGC, the nation’s most profitable company, will see its capital expenditure (capex) rise to Rs 36,249.37 crore as compared with Rs 34,813 crore in the current fiscal. Its overseas investment arm, ONGC Videsh, will invest another Rs 10,402 crore in 2015-16. This, however, is lower than the investment of Rs 12,387 crore in the current fiscal.

ONGC is an Indian multinational oil and gas company headquartered in Dehradun, India. It is India’s largest oil and gas exploration and production company. It produces around 69% of India's crude oil (equivalent to around 30% of the country's total demand) and around 62% of its natural gas.

ONGC Share Price

284.00 3.30 (1.18%)
07-May-2026 11:57 View Price Chart
Peers
Company Name CMP
ONGC 284.00
Oil India 456.15
Jindal Drilling&Inds 535.10
Deep Industries 466.00
Asian Energy Service 293.10
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