Oil & Natural Gas Corporation Ltd.

Oil & Natural Gas Corporation is currently trading at Rs. 293.70, up by 3.55 points or 1.22% from its previous closing of Rs. 290.15 on the BSE.

The scrip opened at Rs. 291.00 and has touched a high and low of Rs. 296.80 and Rs. 284.20 respectively. So far 1294119 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 296.80 on 27-Oct-2016 and a 52 week low of Rs. 188.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 294.00 and Rs. 276.15 respectively. The current market cap of the company is Rs. 251488.63 crore.

The promoters holding in the company stood at 68.93%, while Institutions and Non-Institutions held 17.31% and 13.75% respectively.

Oil & Natural Gas Corporation has reported 6.27% rise in its net profit at Rs 4974.92 crore for the quarter ended September 30, 2016 as compared to Rs 4681.39 crore for the same quarter in the previous year. Total income of the company decreased 9.77% to Rs 19578.65 crore for the quarter under review from Rs 21698.54 crore for the corresponding quarter in previous year. 

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 with current market capitalization of about $31 billion.