ONGC shares surge 2.4% on 17% Q2 profit boost
ONGC reported a standalone net profit of ₹11,948.02 crore for July-September 2024, marking an increase from ₹10,238.10 crore in the same quarter last year
ONGC reported a standalone net profit of ₹11,948.02 crore for July-September 2024, marking an increase from ₹10,238.10 crore in the same quarter last year
According to a LinkedIn and Quantum Hub report, there has been incremental growth in new female leadership hires
The central government on Tuesday cut the windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18.
The BSE Oil & Gas Index has seen a correction of 7% in September, amid sharp decline in crude oil prices.
The contract is aimed at Production Enhancement Operations in the mature fields of ONGC's Rajahmundry Asset
India has recently overtaken the U.K. and South Korea to become one of the top five countries with the largest corporations in the world.
With this additional investment, OPaL will become subsidiary of ONGC with 95.69% equity stake.
Shares of Oil India surged as much as 9.3%, while ONGC stock rallied as much as 9.5% as Brent crude oil futures edged lower.
The share price of the oil and gas major has fallen nearly 10% in the past two sessions.
For the full fiscal 2023-24, ONGC clocked the highest-ever ₹57,101-crore profit, up 68% compared with ₹34,046 crore profit in the previous year.