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ONGC extends gain on interim dividend plan

The stock was trading 2% higher at Rs 191, extending its Tuesday's 1.1% gain on the BSE, after the company announced that its board will meet on February 27 to consider the second interim dividend.

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A technician is pictured inside a desalter plant of Oil and Natural Gas Corp (ONGC) on the outskirts of Ahmedabad (Photo: Reuters)

SI Reporter Mumbai
Oil and Natural Gas Corporation (ONGC) was trading 2% higher at Rs 191, extending its Tuesday’s 1.1% gain on the BSE, after the company announced that its board will meet next week to consider the second interim dividend. At 02:10 pm; the S&P BSE Sensex was trading 0.36% higher at 33,824, up 0.15% in past two trading session.

ONGC on Monday after market hours said, a meeting of the board of directors of the Company is scheduled to be held on February 27, 2018, to consider, the declaration of 'Second Interim' Dividend, if any.

The record date for