Page 25 - Ongc

Govt doubles gas price to record levels for 6 months; CNG rates may go up

The price of gas produced from old regulated fields, such as the nation's largest gas field of Bassein of ONGC, will rise to a record high of $6.1 per mmBtu from the current $2.90 per mmBtu

ONGC OFS's retail portion subscribed 72%

Through the OFS, the government has divested 1.5 per cent stake in ONGC to raise Rs 3,000 crore.

RIL, HDFC Bk drag Sensex 115pts, Nifty holds 17,450; indices up 19% in FY22

CLOSING BELL: Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy's Labs, and Cipla

BS 1000: Most Valuable Indian Companies

#BS1000 | The financial year 2020-21 was one of recovery for corporates after the outbreak of the Covid-19 pandemic in the last quarter of FY20 and the subsequent national lockdown brought economic activity to a halt in the April-June 2020 quarter. The combined revenues of BS1000 companies were down just 6.1 per cent in FY21 over the previous year, despite a complete washout in the first quarter of the financial year. Top companies cornered a bigger chunk of revenues in many industries. Take a look at India's most valued companies

ONGC OFS subscribed 1.6 times; will be open to retail investors on Thursday

Unsubscribed shares in retail category, if any, will be allotted to non-retail investors

Bonanza for RIL, ONGC: Gas price to more than double this week, says report

Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said.

Amid record high prices, are industrial metals the new oil in India?

Data providers such as Reliance Jio, Airtel and large tech startups such as Flipkart, Paytm have yet to earn big profits, while metal giants are becoming important in an emerging low-carbon world

Sensex soars 740 pts; Nifty nears 17,500; banks, auto shine, metals sink

CLOSING BELL: Reliance Industries, HDFC twins, ICICI Bank, and Bajaj Finance lifted the benchmark S&P BSE Sensex 740 points higher to end at 58,684

Stocks to Watch: ONGC, Hero MotoCorp, PNB, LTTS, IndiGo, Adani Group

Shares of ONGC are likely to be in focus as the government will sell 1.5 per cent stake in the oil producer through an offer for sale (OFS) over the next two trading sessions at Rs 159 per share.

Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 cr

The Offer For Sale by the govt will be open on March 30 and 31, says ONGC; the floor price for the OFS has been set at Rs 159 per share

ONGC sells Russia's Sokol oil to BPCL, HPCL: Report

This marks the first purchase of Sokol crude by HPCL. BPCL had previously purchased the grade in 2016

'Sanctions on Russia may result in impairment losses for ONGC, others'

Indian companies' value of investments in Russia's oil and gas fields could be impaired as import bans and international sanctions may constraint future cash flow generating capacity: Moody's

Rs 11,276 crore loss due to less water injection by ONGC, says CAG

CAG said the shortfall in water injection is one of the significant reasons for less production of crude oil

Bidding for DSF-III oil round, including ONGC, to start on Apr 1: DGH

Bidding for 75 small and marginal oil and gas discoveries, mostly of ONGC, that are being offered in the DSF-III bid round, will begin on April 1 and close on May 16, according to the DGH.

ONGC fails to get bids in its tender to sell Russian oil: Report

No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine despite pressure from the United States to do so.

Govt works out math of keeping Russia supplies open as oil prices spike

Even if Moscow relents and sells oil for rupees to India, European insurers may be reluctant to underwrite; in any case a bigger Russian tilt would involve a larger financial switch by New Delhi

MEIL wins order for 47 oil and gas rigs from ONGC, to commission 15 by May

'In spite of Covid-19, MEIL is committed to completing the project with its expertise, dedication and hard work'

Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs

ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.

ONGC surges 5%, stock nears 52-week high as crude oil soars to a 14-yr high

Sustained higher crude oil prices and gas realisations can result in better profitability for ONGC.

Trading strategies for oil-related stocks as Brent crude tops $105 level

SpiceJet, Berger Paints and BPCL look weak on charts, while ONGC could gain another 4-8%.