MoneyWorks4Me

ONGC to draw new perspective plan to integrate business

02 Nov 2018 Evaluate

Oil and Natural Gas Corporation (ONGC) will draw a new perspective plan to integrate recent acquisition HPCL and just commissioned petrochemical unit with its mainstay oil and gas exploration and production operations. The company is also aiming to achieve proper synergies from the integration to maximize value, optimize cost and enhance efficiency.

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.

Peers
Company Name CMP
ONGC 221.85
Oil India 450.10
Jindal Drilling&Inds 594.65
Deep Industries 797.00
Asian Energy Service 470.70
View more..