Oil & Natural Gas Corporation is currently trading at Rs. 247.75, up by 3.75 points or 1.54% from its previous closing of Rs. 244.00 on the BSE.
The scrip opened at Rs. 246.35 and has touched a high and low of Rs. 248.70 and Rs. 245.10 respectively. So far 226832 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 292.90 on 14-Oct-2024 and a 52 week low of Rs. 205.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 248.70 and Rs. 240.60 respectively. The current market cap of the company is Rs. 311173.21 crore.
The promoters holding in the company stood at 58.89%, while Institutions and Non-Institutions held 37.24% and 3.88% respectively.
Oil and Natural Gas Corporation (ONGC) is aiming about $1 billion of profit from a new trading company it plans to set up for buying and selling of crude oil and refined fuels of its group companies. While most of the crude oil and natural gas it pumps out of the ground and from below the seabed is sold on government nomination, ONGC's subsidiaries buy or sell about 70 million tonnes of crude oil annually. They also export some amount of fuel.
The company is looking to amalgamate all trading business under one roof for economies of scale as well as get better prices. The company plans to set up a new trading company which will buy crude oil for subsidiaries Hindustan Petroleum Corporation (HPCL) and Mangalore Refinery and Petrochemicals (MRPL) as well as trade oil and gas produced by its overseas firm ONGC Videsh.
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 | 279.25 |
| Oil India | 454.40 |
| Jindal Drilling&Inds | 535.85 |
| Deep Industries | 457.70 |
| Asian Energy Service | 297.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: