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Corporate Infotech bags 7-year contract from ONGC for IT infra services

Corporate Infotech bags 7-year contract from ONGC for IT infra services

Tue, Nov 19, 2024

This project is aimed at augmenting ONGC's IT hardware infrastructure across its Corporate Infocom Data Centre (CIDC) in Delhi as well as the disaster recovery site in Vadodara, Gujarat, the Noida-based company said.

ONGC Dividend: Shares of largecap PSU trade ex-date today - Check record

ONGC Dividend: Shares of largecap PSU trade ex-date today - Check record

Tue, Nov 19, 2024

ONGC Dividend: Shares of Oil and Natural Gas Corporation Limited (ONGC) are trading ex-date today for an interim dividend. Here's every detail you need to know about this stock.

Dividend season kicks off: ONGC, Asian Paints, Ashok Leyland to trade ex-dividend this week

Dividend season kicks off: ONGC, Asian Paints, Ashok Leyland to trade ex-dividend this week

Mon, Nov 18, 2024

After the earnings season is about to close and many entities have announced dividend for the FY25, here is a chance to bag the passive income flow.

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Stocks to buy for 10-30 days: Angel One, Clean Science, ONGC and 2 more stocks; check targets and stop losses

Stocks to buy for 10-30 days: Angel One, Clean Science, ONGC and 2 more stocks; check targets and stop losses

Sun, Aug 04, 2024

Axis Direct has suggested to buy Rossari Biotech stock in the range of Rs 888-912. A target of Rs 1,020 and a stoploss of Rs 870 has been given. This means the stock can rise up to 12 per cent from its last closing price of Rs 909.

Oil companies in focus after centre slashes windfall gains tax on crude on Wednesday

Oil companies in focus after centre slashes windfall gains tax on crude on Wednesday

Thu, Aug 01, 2024

Oil stock will gain focus in Thursday's session (August 1) as the Centre has taken a call on the windfall taxes and has on Wednesday reduced the windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 7,000 per tonne.

From GAIL to ONGC: Should you buy stocks of oil and gas companies? Check targets by global brokerage firm

From GAIL to ONGC: Should you buy stocks of oil and gas companies? Check targets by global brokerage firm

Thu, Jul 11, 2024

Oil and Gas Stocks: Brokerage firm Macquarie is cautious on stocks of oil and gas companies and has downgraded valuations of many of them.

Larsen & Toubro bags project from ONGC

Larsen & Toubro bags project from ONGC

Mon, Jul 01, 2024

The order involves engineering, procurement, construction (EPC), installation and commissioning of 129-km subsea pipelines and associated modification works for the project.

ONGC offers stake in Deen Dayal gas field after 7 years and $1.2 bn investment

ONGC offers stake in Deen Dayal gas field after 7 years and $1.2 bn investment

Sun, Jun 23, 2024

The field has produced negligible quantities of gas since ONGC in January 2017 acquired Gujarat State Petroleum Corporation's (GSPC) 80 per cent interest in the KG-OSN-2001/3 block off the east coast of India.

ONGC inks deal with Indian Oil to set up LNG plant near Hatta gas field in Madhya Pradesh

ONGC inks deal with Indian Oil to set up LNG plant near Hatta gas field in Madhya Pradesh

Sat, Jun 22, 2024

The Hatta LNG plant is poised to transform the energy dynamics of the Vindhyan Basin, elevating it from a Category II to a Category I Basin, indicative of its enhanced resource potential and economic importance, ONGC said.

L&T bags 'large' offshore order from ONGC

L&T bags 'large' offshore order from ONGC

Thu, Jun 13, 2024

The scope of work includes engineering, procurement, construction, installation, and commissioning of four wellhead platforms, 140-km pipeline and associated topside modifications.

Jefferies sees 50% upside potential in ONGC shares; what should investors do?

Jefferies sees 50% upside potential in ONGC shares; what should investors do?

Tue, Jun 11, 2024

ONGC share price target: Global brokerage Jefferies in its recent note stated that ONGC's profitability is to stay elevated compared to past averages. According to the brokerage, ONGC's ramp-up in KG basin production in 3QFY25 and accretion to profitability are key triggers to monitor.

From Cochin Shipyard to BEL, PSU stocks tumbled up to 24% on Lok Sabha Elections 2024 counting day - Check Details

From Cochin Shipyard to BEL, PSU stocks tumbled up to 24% on Lok Sabha Elections 2024 counting day - Check Details

Wed, Jun 05, 2024

Lok Sabha Elections 2024: Also, ONGC slumped 16.23 per cent, Coal India declined 13.54 per cent, NTPC went lower 14.52 per cent, and Power Grid slipped 11.98 per cent.

ONGC cuts offshore helicopter sorties during monsoon to avoid accidents

ONGC cuts offshore helicopter sorties during monsoon to avoid accidents

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.

From HAL to ONGC: Jefferies initiates coverage on these 12 stocks

From HAL to ONGC: Jefferies initiates coverage on these 12 stocks

Tue, May 28, 2024

Global brokerage Jefferies initiated coverage on 13 stocks in CY24 to date. The coverage universe of Jefferies now covers 70 per cent of India's listed market. As per the report, the majority of these are strong outperformers relative to the benchmark index.

ONGC share price target: What should investors do with PSU stock? Jefferies sees 40% upside

ONGC share price target: What should investors do with PSU stock? Jefferies sees 40% upside

Wed, May 22, 2024

ONGC share price today: Shares of state-owned Oil and Natural Gas Corporation (ONGC) were in the spotlight on Dalal Street after global brokerages revised their target prices on the PSU stock post Q4 earnings results.

From BHEL to ONGC, here's what brokerages suggest on these stocks

From BHEL to ONGC, here's what brokerages suggest on these stocks

Wed, May 22, 2024

Indian equity benchmark indices climbed in early trade on Wednesday amid firm global market trends. The 30-share BSE Sensex climbed 212.21 points to 74,165.52 in early trade. The NSE Nifty went up by 48.35 points to 22,577.40.

ONGC shares just 5% shy of scaling 52-week high; should you buy, hold or sell it post Q4 show?

ONGC shares just 5% shy of scaling 52-week high; should you buy, hold or sell it post Q4 show?

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.

ONGC Q4 earnings: State-owned oil and gas exploration major declares highest ever standalone profit in FY24

ONGC Q4 earnings: State-owned oil and gas exploration major declares highest ever standalone profit in FY24

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.

ONGC Dividend 2024: PSU declares final dividend - Check amount and other details

ONGC Dividend 2024: PSU declares final dividend - Check amount and other details

Tue, May 21, 2024

ONGC Dividend 2024, ONGC Q4 Results 2024: The Delhi-headquartered company has announced Rs 2.50 or 50 per cent dividend per equity for the FY24.

ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil

ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil

Thu, May 16, 2024

The windfall tax was extended to exports of petrol, diesel and aviation fuel after private refineries started raking in big gains from overseas markets, instead of selling the fuels in the domestic market.

ONGC dividend 2024: Buy this stock for up to 40% return - Check target price

ONGC dividend 2024: Buy this stock for up to 40% return - Check target price

Thu, May 09, 2024

ONGC dividend 2024: The stock has soared 63.99 per cent in one year and has given a positive return of 142.83 in three years.

ONGC gains over 1% as Morgan Stanley maintains overweight view; stock gains 79% in 1 year

ONGC gains over 1% as Morgan Stanley maintains overweight view; stock gains 79% in 1 year

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.

Government hikes windfall tax on crude oil to Rs 9,600 per metric ton; ONGC & Oil India to take hit

Government hikes windfall tax on crude oil to Rs 9,600 per metric ton; ONGC & Oil India to take hit

Tue, Apr 16, 2024

Upstream oil exploration and production companies ONGC and Oil India Ltd stand may lose as they will not get the full benefit of rising international prices for their crude. However, the government on the other hand will get more resources to finance its social welfare schemes for the poor and keep its fiscal deficit in check.

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