Oil & Natural Gas Corporation Ltd.

Oil & Natural Gas Corporation (ONGC) is currently trading at Rs 319.70, up by 4.50 points or 1.43% from its previous closing of Rs 315.20 on the BSE.

The scrip opened at Rs 319.00 and has touched a high and low of Rs 324.75 and Rs 318.70 respectively. So far 111847 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 240.10 on 23-May-2012.

Last one week high and low of the scrip stood at Rs 329.00 and Rs 300.40 respectively. The current market cap of the company is Rs 276000.11 crore.

The promoters holding in the company stood at 69.23% while Institutions and Non-Institutions held 16.95% and 13.82% respectively.

Oil & Natural Gas Corporation’s (ONGC) Rajahmundry asset has started gas supply under direct marketing from its isolated fields under the guidelines of the Union Ministry of Petroleum and Natural Gas (MoP&NG). ONGC has received the mandate from MOP&NG, to market gas supply from small and isolated fields away from gas grid.

The company has reported 17.48% fall in its net profit at Rs 5562.72 crore for the quarter as compared to Rs 6741.41 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 14.88% at Rs 22374.38 crore for quarter under review as compared to Rs 19475.30 crore for the quarter ended December 31, 2011.