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FIIs reduce stake in ONGC during September quarter

12 Oct 2015 Evaluate

Foreign institutional investors (FIIs) have reduced their shareholding in Oil & Natural Gas Corporation (ONGC) to 6.43% at the end of September 2015 quarter from 7.23% as on Jun 30, 2015. However, domestic institutional investors (DIIs) have increased their shareholding in the company to 11.05% at the end of September 2015 quarter from 10.43% as on Jun 30, 2015. Non Institutions were holding 13.59% stake at the end of September 2015 quarter, up 18 basis points from 13.41% as on Jun 30, 2015.

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.

Peers
Company Name CMP
ONGC 221.65
Oil India 452.60
Jindal Drilling&Inds 598.50
Deep Industries 797.15
Asian Energy Service 480.45
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