Oil and Natural Gas Corporation Ltd (ONGC.NS)
17 May 2013
|Market Cap (Mil.):||Rs2,915,283.00|
|Shares Outstanding (Mil.):||8,555.49|
SINGAPORE, Feb 27 - India's Reliance Industries and Oil & Natural Gas Corp Ltd (ONGC) sold a total 70,000 tonnes of March naphtha, but Reliance took a huge cut to the record-high premiums at which it had closed a previous deal while ONGC's premiums rose, traders said on Wednesday.
Reuters Market Eye - The Sensex is up 0.25 percent and the Nifty rises 0.16 percent. Shares in state-run Oil and Natural Gas Corp rose 2 percent a day after its October-December net profit beat market expectations, while Hindustan Petroleum Corp rose 0.6 percent ahead of its October-December results later in the day.
MUMBAI - Shares in state-run Oil and Natural Gas Corp gain around 2 percent in early trade on Tuesday, a day after its October-December net profit beat market expectations, helped by higher selling prices for oil and gas and slightly lower subsidy payouts to refineries.
MUMBAI - Shares in state-run oil firms surged for a second day on Friday, with ONGC gaining as much as 12.9 percent to add around $6 billion in market value, after a government diesel price hike was seen reducing their subsidy burden.
Reuters Market Eye - CLSA downgrades Oil and Natural Gas Corp to "underperform" from "outperform". The brokerage also cuts Indian Oil Corp and Hindustan Petroleum Corp to "sell" from "underperform".
MUMBAI - Shares in state-run oil firms, including Oil & Natural Gas Corp, pared earlier strong gains on Thursday after some analysts said a rally sparked by hopes of diesel price hikes was overdone.