Oil & Natural Gas Corporation Ltd.

ONGC is currently trading at Rs. 166.20 up by 0.10 points or 0.06% from its previous closing of Rs. 166.10 on the BSE.

The scrip opened at Rs. 165.70 and has touched a high and low of Rs. 169.10 and Rs. 165.70 respectively. So far 98999 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 185.00 on 24-Sep-2018 and a 52 week low of Rs. 127.90 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 170.85 and Rs. 163.00 respectively. The current market cap of the company is Rs. 210090.66 crore.

The promoters holding in the company stood at 64.25%, while Institutions and Non-Institutions held 22.20% and 13.55% respectively.

Oil and Natural Gas Corporation’s (ONGC) wholly owned subsidiary -- ONGC Videsh’s Rovuma Offshore Area 1 consortium (Area-1) has taken a Final Investment Decision (FID) for the two train Golfinho/Atum Mozambique LNG Project.

Mozambique LNG Project will be the first onshore LNG facility in Mozambique consisting of initial two LNG trains with a total name plate capacity of 12.88 million tonnes per annum (MMTPA) supported by the development of the Golfinho/Atum fields located offshore entirely within Area 1. The project has successfully secured in aggregate 11.1 MMTPA of long-term LNG sales (representing 86% of the plant's nameplate capacity) with key LNG buyers in Asia and in Europe. Additionally, the project will have a significant domestic gas component for in-country consumption in Mozambique to help fuel the economic development.

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.