ONGC is currently trading at Rs. 271.40, up by 0.80 points or 0.30% from its previous closing of Rs. 270.60 on the BSE.
The scrip opened at Rs. 273.50 and has touched a high and low of Rs. 273.50 and Rs. 271.40 respectively. So far 16,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 354.10 on 18-Jan-2013 and a 52 week low of Rs. 234.40 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 282.25 and Rs. 269.65 respectively. The current market cap of the company is Rs. 2,32,367.00 crore.
The promoters holding in the company stood at 69.23% while Institutions and Non-Institutions held 17.13% and 13.65% respectively.
Oil and Natural Gas Corporation’s (ONGC) - 100% overseas subsidiary - ONGC Videsh (OVL), has signed a Memorandum of Understanding (MoU) with Petrovietnam (PVN) to promote the joint cooperation in hydrocarbon sector in Vietnam, India and other countries. Under the MOU, Petrovietnam has offered 5 blocks to ONGC Videsh (OVL). OVL would assess these blocks and if these are of interest, it would make a proposal to PetroVietnam.
Vietnam is one of the focus countries for OVL where it would like to acquire stakes in oil and gas assets depending on techno-commercial viability. ONGC Videsh is present in E&P sector of Vietnam since 1988 when exploration license for Block 6.1 was acquired. The current non-operating participating interest of OVL in the block is 45% which consists of Lan Tay and Lan Do fields. During the year 2012-13, OVL share of gas production from the fields was 2.1 BCM. Up to September 30, 2013 OVL’s cumulative investment in the block was $415 million.
OVL also holds 100% operating stake in exploration Block-128 with cumulative investment of more than $50 million. Earlier, OVL also held 100% operating stake in exploration Block-127 and invested about $51 million.
| Company Name | CMP |
|---|---|
| ONGC | 282.60 |
| Oil India | 669.15 |
| Jindal Drilling&Inds | 625.35 |
| Hind Oil Exploration | 192.90 |
| Deep Industries | 283.00 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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