Oil & Natural Gas Corporation is currently trading at Rs. 60.85, up by 0.80 points or 1.33% from its previous closing of Rs. 60.05 on the BSE.
The scrip opened at Rs. 61.75 and has touched a high and low of Rs. 61.95 and Rs. 60.40 respectively. So far 154923 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 178.95 on 23-May-2019 and a 52 week low of Rs. 51.80 on 13-Mar-2020.
Last one week high and low of the scrip stood at Rs. 68.30 and Rs. 51.80 respectively. The current market cap of the company is Rs. 75544.58 crore.
The promoters holding in the company stood at 62.78%, while Institutions and Non-Institutions held 24.39% and 12.83% respectively.
Oil & Natural Gas Corporation (ONGC) has begun gas production from its most promising block in the Krishna Godavari basin in the Bay of Bengal and is planning a ramp up production in coming weeks. The company’s KG-DWN-98/2 or KG-D5 block, which sits next to Reliance Industries' flagging KG-D6 area, holds key to the company's output profile that is constrained by aging fields.
The company began production from the first well on the KG-D5 block and is currently producing around 0.25 million standard cubic meters per day. It is doing a build-up mapping and the production is likely to rise to 0.75 mmscmd within next few weeks.
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.
| Company Name | CMP |
|---|---|
| ONGC | 283.05 |
| Oil India | 465.35 |
| Jindal Drilling&Inds | 535.35 |
| Deep Industries | 473.85 |
| Asian Energy Service | 312.75 |
| View more.. | |
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