New Document top_band
 
Business Standard

ONGC rallies 5% ahead of stake sale

Read more on:    Ongc | Disinvestment | Sensex | Bse | Stake Sale | Stock Price | Share Price
Related News

Oil and Natural Gas Corporation () has rallied 5% at Rs 296 after the state-run oil exploration and production firm said that it will launch its share sale through an auction on Thursday.

The government will sell 5% of its holding, or about 428 million shares, in the offering and the floor price for the issue has been set at Rs 290 a share. "The day-long auction, will take place on Thursday between 9:15 am and 3:30 pm,” ONGC said in a notice to stock exchanges late on Tuesday.

A combined around 600,000 shares have chagned hands on the coutner on opening deals on the NSE and .

Read more on:   
|
|
|
|
|
|

Read More

M&M gains on post February sales numbers

The company reported 11% year-on-year growth in its auto sales numbers at 47,824 units in February 2013.

Quick Links

 

Market News

Vietnam pepper exports crossed 110,000 tones

Whereas India could hardly managed to export only 9,500 tones of pepper during the period

Markets extend losses; RIL slumps over 2%

The S&P BSE Sensex slumped over 150 points at 26090 level while the CNX Nifty dipped over 50 points at 7,773 level

Pharma shares in demand; Healthcare index hits new high

Sun Pharma, Ranbaxy, Dr Reddy's Lab, Lupin, Glenmark, Wockhardt and Cadila Healtchare gained 1-8% on BSE.

Indian bond market to touch $160 billion by 2018: Morgan Stanley

Expects India to be the second largest issuer behind China in Asia

Sensex down over 200 points; Tata Motors, RIL dip 3%

Investors booked profits at higher levels after gains in the previous eight sessions

Back to Top