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Stocks to Watch today, Sept 22: IT stocks, Oil India, SCI, Ola Electric, Vi

Stocks to Watch today, September 22, 2025: From IT stocks to MRF, here is a list of shares that will remain on investors' and traders' radar on Monday

ONGC, OIL aim to launch ₹3,200 cr stratigraphic drilling campaign next year

State-run oil explorers ONGC and Oil India Ltd are planning to begin a Rs 3,200 crore stratigraphic drilling campaign in untapped offshore areas early next year, as part of efforts to discover new hydrocarbon reserves and cut reliance on imports, officials said. In the first phase, four wells will be drilled in deepsea of Andaman, Mahanadi, Saurashtra and Bengal sedimentary basins. Global energy giant BP will provide technical expertise in identifying the locations as well as drilling, officials said. Stratigraphic drilling - also known as a stratigraphic test well - is a type of exploratory drilling aimed at studying underground geological formations rather than producing oil or gas. These wells are drilled to gather data on subsurface layers through continuous coring, petrophysical logging, and seismic data integration. The objective is to build a detailed geological profile to support future hydrocarbon exploration, without any immediate intent to extract resources. This will he

Oil India targets ₹1.3 trillion capex by 2030, says CMD Ranjit Rath

Oil India chief expects that the construction of Mozambique LNG project will resume by the end of this year

'No blast, no supply hit': ONGC clarifies after Uran plant fire near Mumbai

A fire broke out at ONGC's Uran gas plant on Monday, sparking supply concerns, but the company said there was no blast and gas distribution to consumers remained unaffected

ONGC plant fire: CNG availability may be impacted in Mumbai, says MGL

The fire at ONGC's Uran gas processing plant has impacted MGL's gas supply to its city gate station at Wadala, while the supply to CNG stations may be affected. Mahanagar Gas Limited (MGL) is ensuring that the supply to its domestic PNG consumers is maintained as a priority without interruption. A fire broke out in the ONGC plant at Uran in neighbouring Navi Mumbai around 3 pm. It was doused by Oil and Natural Gas Corporation's fire brigade service after around two hours, police said. Nobody was injured in the incident. MGL is ensuring that the supply to its domestic PNG consumers will be maintained on a priority without interruption, but CNG stations' supply may be impacted. "A disturbance at ONGC's Uran gas processing facility, prompting MGL to prioritise uninterrupted supply to domestic PNG consumers while cautioning that low pipeline pressure could impact CNG availability across Mumbai," the MGL said in a statement on Monday night. The MGL also urged industrial and commercial

Mitsui to operate ONGC's ethane carriers, equity plan under discussion

Japanese shipping firm Mitsui O.S.K. Lines will operate two very large ethane carriers for Oil and Natural Gas Corporation (ONGC) to import petrochemical feedstock for a subsidiary of the state-owned company, sources said. ONGC has entered into a partnership to build, own and operate two very large ethane carriers (VLECs). The two firms are currently discussing equity structure of the joint venture, two sources with direct knowledge of the matter said. Mitsui is likely to own majority stake in the ships that would be built in Korean shipyards, they said adding the exact equity structure would depend on ONGC's appetite. The specialised ships, with an estimated cost of USD 370 million for the pair, are intended to secure the petrochemical feedstock for ONGC Petro Additions Ltd's (OPaL) Dahej facility, with ethane imports beginning around mid-2028. Sources said it would take about two-and-half-years to build the VLECs. Mitsui and its partners currently own and operate four liquefied

Low prices, high GST: Double whammy for upstream energy companies

GST Council recommends raising GST on oil and gas exploration services from 12% to 18%, potentially impacting the margins of Indian upstream companies facing declining energy prices

Maximize your returns: Here's 10 stocks with the highest dividend yields

Coal India tops the list of high dividend yield stocks, followed by PTC India, Gujarat Pipavav Port, ONGC, REC, GAIL, PFC, HCL Tech, TCS, and Petronet LNG

Dividend stocks: Oil India, NTPC, ONGC, 60 others to remain in focus today

Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend tomorrow, Thursday, September 4, 2025

ONGC Videsh eyes banking channel to recover $350 mn stuck in Russia

India's flagship overseas firm ONGC Videsh is hopeful that the opening of banking channels with Russia and a sanctions waiver on Venezuelan oil will allow it to recover pending dues in both countries, a senior official said on Friday. OVL, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has about USD 350 million in dividend income stuck in Russian banks that it can't repatriate because of western embargo. The firm has another USD 600 million stuck in Venezuela due to sanctions. OVL managing director Rajarshi Gupta said about USD 350 million in dividend income from the company's interest in oil and gas assets in Russia is lying in the company's bank account in Russia. "We believe resolution will happen soon and we should be able to get the money soon," he said. Indian state oil firms have invested USD 5.46 billion in buying stakes in four different assets in Russia. These include a 49.9 per cent stake in the Vankorneft oil and gas field and anothe

Centre to launch first bidding round under Deepwater Mission soon

National Deepwater Mission aims to boost hydrocarbon output, cut imports

ONGC plans to set up trading unit for crude, refined fuels for group firms

ONGC Videsh is the overseas investment arm of ONGC and annually produces about 10 million tonnes of oil through its assets

Here are 15 PSU stocks for your portfolio with high dividend yields

Coal India and NMDC lead the list, each with a dividend yield of seven per cent, making them the most attractive dividend plays among government-backed companies

Lower crude oil prices point to further downsides for ONGC stock

For ONGC Videsh or OVL, oil and gas production in the quarter stood at 1.75 mmt (down 2 per cent Q-o-Q) and 0.7 bcm (down 13 per cent Q-o-Q)

Mixed signals after ONGC Q1 nos; what's the best move for investors now?

On a standalone basis, ONGC's gross revenue dropped 9.3 per cent Y-o-Y to ₹32,003 crore, while net profit fell 10.2 per cent to ₹8,024 crore from ₹8,938 crore last year.

ONGC Q1 results: Net profit falls 10% to ₹8,024 cr on lower oil prices

State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. The company reported a net profit of Rs 8,024 crore in the first quarter of 2025-26 fiscal year, compared to Rs 8,938 crore earning in the same period last year, a company statement said. The firm realised USD 67.87 for every barrel of crude oil it pumped out of ground and below seabed from sale to refiners, who convert it into fuels like petrol and diesel, as compared to USD 80.64 per barrel realisation in April-June 2024. Price of natural gas, which is used to generate electricity, produce fertiliser or turned into CNG and piped cooking gas, marginally rose to USD 6.64 per million British thermal units in Q1 from USD 6.5 in last year. ONGC said gas from new wells it drills is eligible for a 20 per cent premium over the government set price, called APM. "ONGC is actively working to boost output from

Stocks to Watch today, Aug 13: Paytm, Nykaa, NSDL, ONGC, Cochin Shipyard

Stocks to Watch today, August 13, 2025: Paytm, Nykaa, ONGC, NSDL, and Cochin Shipyard are some of the key stocks to watch today

Q1 results today: HAL, Nykaa, ONGC, Jindal Steel, 580 others on Aug 12

Q1 FY26 company results: Apollo Hospitals, Honasa Consumer, Aavas Financers, Alkem Laboratories, and Cochin Shipyard are also to release their April-June quarter earnings reports today

ONGC to invest ₹4,600 crore to drill 10 wells, other infra in KG Basin

The oil and gas major ONGC will be investing over Rs 4,600 crore to drill 10 development wells, to set up two unmanned platforms, to lay an offshore pipeline, and to establish an onshore gas processing facility in Konaseema District of Andhra Pradesh. Oil and Natural Gas Corporation Limited (ONGC) has approached the Ministry of Environment and Forests seeking fresh environmental clearance for the proposed project, an Experts Appraisal Committee (EAC) under the ministry said in the minutes of its meeting held on July 24. Letter of Award (LOA) for Offshore Oil and Gas Contract areas KG/OSDSF/CHANDRIKA/2021 (Chandrika) comprising an area 697 sq km and KG/OSDSF/GS49/2021 (GS49) comprising an area of 148 sq km in East coast were issued by Director General of Hydrocarbons in September 2022 under under DSF-III (Discovered Small Field-III). "Total land area required is 26.3 hectares (Odalarevu Terminal) for the proposed installation. Greenbelt will be developed in a total area of 8.7 ...

Tariff on Russian Oil: RIL, HPCL, BPCL, IOC can dip up to 18%, say charts

The Nifty Oil & Gas index is seen testing the 200-DMA support on charts; break below the same could weigh on the sentiment at Reliance, ONGC and Oil marketing companies counters.