Thu, Nov 14, 2024
On continuous miss on production guidance and higher costs, the brokerage is bearish on this upstream oil company. In the last six days, the stock has slumped by 7 per cent.
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Fri, Aug 09, 2024
ONGC shares are in focus in Friday's session as the brokerage Morgan Stanley remains bullish nevertheless sees any potential decline in crude price to below $70 per barrel as a big risk.
Tue, Jul 16, 2024
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, took to social media platform X (formerly known as Twitter) to celebrate this achievement.
Tue, Jul 02, 2024
PSU Stocks: The government has hiked windfall tax on domestically produced crude oil to Rs 6,000 per tonne, from Rs 3,250 per tonne, with effect from Tuesday. The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on the export of diesel, petrol and jet fuel or ATF, has been retained at 'nil'.
Sun, Jun 02, 2024
Oil and Natural Gas Corporation (ONGC) has raised the duration of work-related stay of its employees at offshore platforms that help produce oil and gas from below seabed, from 14 days to 21 days but still short of the international norm of 28 days.
Wed, May 22, 2024
Shares of the state-run ONGC after the release of its Q4 earnings on Monday traded on a positive note and marked the day's high price of Rs 284.35 apiece on the BSE.
Tue, May 21, 2024
The standalone profit has surged yearly by 1.1 per cent to Rs 40,526 crore in FY24. The company also announced a total dividend of Rs 12.25 per share with a total payout of Rs 15,411 crore. This includes an interim dividend of Rs 9.75 per share which is already paid during the year and a final dividend of Rs 2.50 per share recommended by the Board.
Wed, May 01, 2024
Oil and gas sector represents some of the largest companies in India. These companies are either produce or market oil. The main index that represents oil and gas companies in India is Nifty Oil and Gas index (NIFOILGAS).
Thu, Apr 18, 2024
The company's outperformance is likely to continue with improved capital allocation & stable regulations supporting stable 18-20% ROE, the brokerage said.
Tue, Apr 16, 2024
Nifty 50 large-cap stocks such as Coal India, ONGC, and Bharat Petroleum Corporation Ltd have been the top 3 stocks in the last one year.
Thu, Apr 04, 2024
Windfall tax on crude: The petroleum ministry on Wednesday raised the windfall tax on domestically produced crude to Rs 6,800 per tonne from Rs 4,900 per tonne. However, the windfall tax remains zero for diesel and aviation turbine fuel (ATF). It is the fifth raise in windfall tax by the government since February.
Mon, Feb 12, 2024
ONGC Share Price: ONGC started the trading session on Monday on a lower note after the oil and gas exploration company reported below Zee Business research estimate numbers in its December quarter results.
Thu, Nov 16, 2023
ONGC in its investor call on Wednesday said that it would invest Rs 1 lakh crore to set up two petrochemicals plants in two states.
Mon, Nov 13, 2023
ONGC shares hit a 52-week high of Rs 199.70 each in Diwali muhurt trading on BSE on Sunday (November 12).
Sun, Nov 12, 2023
ONGC share price, Diwali Muhurat Trading session 2023: The state-owned gas exploration company reported a 20 per cent drop in September quarter net profit on a decline in oil prices and lower output.
Fri, Aug 18, 2023
ONGC announced that it will be investing Rs 1 lakh crore (Rs 1 trillion) by 2030 into low-carbon energy options like renewable and hydrogen energy. The Central PSU aims to transform into a low-carbon energy company by the end of the decade.
Mon, Apr 10, 2023
Shares of Mahanagar Gas Ltd (MGL), Petronet LNG, Gujarat Gas, Oil India, Oil and Natural Gas Corp (ONGC) and GAIL (India) rose on Monday as Dalal Street turned bullish on gas distribution companies.
Fri, Feb 24, 2023
Moreover, the company said that the integration will provide greater technology support to the seller community and further empower small businesses, also it will benefit crores of consumers with wider choices.
Thu, Jan 26, 2023
Oil and Natural Gas Corporation (ONGC) has been traditionally headed by a chairman and managing director. It, however, did not have a full-time head after Shashi Shanker superannuated on March 31, 2021.
Mon, Jan 09, 2023
ONGC share price: High confidence in the predictability of the company's earnings will be a big positive as per CLSA.
Mon, Sep 19, 2022
ONGC, Oil India share price: On the back of multiple triggers, global brokerage house CLSA believes that the oil exploration and production companies Oil and Natural Gas Corporation (ONGC) and Oil India shares have a potential to grow around 40-50 per cent with both the stocks being a top Buy fro
Oil and gas stocks in focus Oil and gas stocks rose in a weak market on Monday after the government slashed windfall tax on domestic crude oil and exports of Aviation Turbine Fuel (ATF).
Mon, Sep 12, 2022
Shares of ONGC (Oil and Natural Gas Corporation) traded flat even the oil and gas company signed six contracts for discovered small fields (DSF), with 3 each for fields in the Arabian Sea and Bay of Bengal.
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