Oil & Natural Gas Corpn Ltd Share Price – NSE /  BSE

Crude Oil & Natural Gas, Mid Cap

PTC Energy Limited (PEL), a wholly owned subsidiary of PTC India, has an aggregate operational wind generation capacity of 288.80 MW located in 7 locations in Andhra Pradesh (AP), Madhya Pradesh (MP) and Karnataka. It operates 157 Wind Turbine Generators (WTGs) across all its wind farms. Its turnover was Rs 322.49 crore for FY24.

By way of acquisition of PEL through OGL, a wholly owned subsidiary, ONGC will scale up its investments in the renewable energy sector to achieve its objectives of de-risking its portfolio against long-term disruptions and reducing its carbon footprint by making strategic investments in the energy transition space.

The ONGC Green acquired 65,41,17,494 equity shares, representing a 100% equity stake in PEL.

Meanwhile, the company has been allotted 120 crore equity shares of Rs 10 each by ONGC Green Limited, by way of subscription on right basis.

Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. The Government of India held a 58.89% stake in ONGC as of 31st December 2024.

The company’s standalone net profit fell 16.7% to Rs 8,239.92 crore in Q3 FY25 compared with Rs 9,891.71 crore in Q3 FY24. Revenue from operations declined 3.08% YoY to Rs 33,716.80 crore in Q3 FY25.

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Oil & Natural Gas Corpn Ltd fell for a fifth straight session today. The stock is quoting at Rs 224.85, down 2.66% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.Oil & Natural Gas Corpn Ltd has eased around 10.56% in last one month.Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has eased around 8.09% in last one month and is currently quoting at 30659.25, down 2.25% on the day. The volume in the stock stood at 67.86 lakh shares today, compared to the daily average of 91.05 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 225.8, down 2.76% on the day. Oil & Natural Gas Corpn Ltd tumbled 15.02% in last one year as compared to a 0.67% rally in NIFTY and a 22.84% fall in the Nifty Energy index.

The PE of the stock is 7.45 based on TTM earnings ending December 24.

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The proceeds from the rights issue will be used to fund the acquisition of PTC Energy, it added.

On 13 September 2024, ONGC entered into a share purchase agreement with PTC India to acquire a 100% stake in PEL, which operates 288.8 MW of wind power projects across Andhra Pradesh, Madhya Pradesh, and Karnataka.

Additionally, the company’s board has approved the provision of a replacement corporate guarantee of Rs 75 crore on behalf of OGL for the PTC Energy acquisition.

Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. The Government of India held a 58.89% stake in ONGC as of December 2024.

The company’s standalone net profit fell 16.7% to Rs 8,239.92 crore in Q3 FY25 compared with Rs 9,891.71 crore in Q4 FY24. Revenue from operations declined 3.08% YoY to Rs 33,716.80 crore in Q3 FY25.

Shares of Oil & Natural Gas Corporation shed 0.43% to Rs 233.35 on the BSE.

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Oil & Natural Gas Corpn Ltd fell for a fifth straight session today. The stock is quoting at Rs 224.85, down 2.66% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.Oil & Natural Gas Corpn Ltd has eased around 10.56% in last one month.Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has eased around 8.09% in last one month and is currently quoting at 30659.25, down 2.25% on the day. The volume in the stock stood at 67.86 lakh shares today, compared to the daily average of 91.05 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 225.8, down 2.76% on the day. Oil & Natural Gas Corpn Ltd tumbled 15.02% in last one year as compared to a 0.67% rally in NIFTY and a 22.84% fall in the Nifty Energy index.

The PE of the stock is 7.45 based on TTM earnings ending December 24.

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The proceeds from the rights issue will be used to fund the acquisition of PTC Energy, it added.

On 13 September 2024, ONGC entered into a share purchase agreement with PTC India to acquire a 100% stake in PEL, which operates 288.8 MW of wind power projects across Andhra Pradesh, Madhya Pradesh, and Karnataka.

Additionally, the company’s board has approved the provision of a replacement corporate guarantee of Rs 75 crore on behalf of OGL for the PTC Energy acquisition.

Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. The Government of India held a 58.89% stake in ONGC as of December 2024.

The company’s standalone net profit fell 16.7% to Rs 8,239.92 crore in Q3 FY25 compared with Rs 9,891.71 crore in Q4 FY24. Revenue from operations declined 3.08% YoY to Rs 33,716.80 crore in Q3 FY25.

Shares of Oil & Natural Gas Corporation shed 0.43% to Rs 233.35 on the BSE.

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The key equity benchmarks traded near flat line with positive bias in early trade. The Nifty traded above 22,550 mark. Media, auto and bank shares advanced while realty, metal and pharma shares declined.

At 09:25 IST, the barometer index, the S&P BSE Sensex, advanced 77.43 points or 0.10% to 74,529.65. The Nifty 50 index added 11.40 points or 0.05% to 22,564.75.

In the broader market, the S&P BSE Mid-Cap index declined 0.45% and the S&P BSE Small-Cap index fell 0.29%.

The market breadth was negative. On the BSE, 1,334 shares rose and 1,349 shares fell. A total of 146 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 6,286.70 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,185.65 crore in the Indian equity market on 21 February 2025, provisional data showed.

The stock market will be closed tomorrow, 26th February 2025, on account of Mahashivratri.

Numbers to Track:

The yield on India's 10-year benchmark federal paper advanced 1.57% to 6.813 as compared with the previous close of 6.807.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.8800, compared with its close of 86.7275 during the previous trading session.

MCX Gold futures for 4 April 2025 settlement were added 0.12% to Rs 86.231.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.04% to 106.63.

The United States 10-year bond yield declined 0.39% to 4.376.

In the commodities market, Brent crude for April 2025 settlement added 36 cents or 0.48% to $75.14 a barrel.

Stocks in Spotlight:

Oil & Natural Gas Corporation (ONGC) rose 0.45%. The company intends to invest Rs 1,200 crore in subsidiary, ONGC Green via rights issue subscription.

Torrent Power added 0.21%. The company’s subsidiary, Torrent Green Energy incorporates Torrent Urja32 as a wholly owned subsidiary.

Cosmo First advanced 0.73%. The comapny’s subsidiary, Cosmo Specialty Chemicals has launched its innovative range of Oil and Grease Resistant (OGR) barrier coatings. These advanced solutions offer sustainable alternatives to traditional polyethylene coatings, addressing growing environmental concerns while maintaining superior performance.

Global Markets:

US Dow Jones index futures were up 92 points, indicating a positive opening in the US stocks today.

Asian shares declined on Tuesday, driven by concerns over potential U.S. investment restrictions on Chinese technology sectors and anticipation of Nvidia's earnings. The Bank of Korea's expected 0.25% interest rate cut provided limited support to South Korean stocks.

Hong Kong's Hang Seng index continued its downward trend from Monday, following U.S. measures aimed at limiting Chinese investment in strategic areas like semiconductors, artificial intelligence, and aerospace.

Investor sentiment was further dampened by continued uncertainty surrounding potential U.S. tariffs on Mexico and Canada, despite prior hopes of negotiated resolutions.

U.S. indices finished lower on Monday, with tech stocks leading the decline. This followed sharp losses in the previous session, fueled by growing concerns about a potential slowdown in the U.S. economy, as indicated by weaker consumer sentiment data.

The S&P 500 fell 0.5% to 5,983.49 points, while the NASDAQ Composite slid 1.2% to 19,286.93 points. The Dow Jones Industrial Average closed up 0.1% at 43,461.95 points.

All eyes are now on Nvidia's quarterly earnings release, scheduled for after the U.S. market close on Wednesday. Investors are particularly focused on whether the company maintained its high growth trajectory driven by strong demand for its advanced artificial intelligence chips.

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PTC Energy Limited (PEL), a wholly owned subsidiary of PTC India, has an aggregate operational wind generation capacity of 288.80 MW located in 7 locations in Andhra Pradesh (AP), Madhya Pradesh (MP) and Karnataka. It operates 157 Wind Turbine Generators (WTGs) across all its wind farms. Its turnover was Rs 322.49 crore for FY24.

By way of acquisition of PEL through OGL, a wholly owned subsidiary, ONGC will scale up its investments in the renewable energy sector to achieve its objectives of de-risking its portfolio against long-term disruptions and reducing its carbon footprint by making strategic investments in the energy transition space.

The ONGC Green acquired 65,41,17,494 equity shares, representing a 100% equity stake in PEL.

Meanwhile, the company has been allotted 120 crore equity shares of Rs 10 each by ONGC Green Limited, by way of subscription on right basis.

Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. The Government of India held a 58.89% stake in ONGC as of 31st December 2024.

The company’s standalone net profit fell 16.7% to Rs 8,239.92 crore in Q3 FY25 compared with Rs 9,891.71 crore in Q3 FY24. Revenue from operations declined 3.08% YoY to Rs 33,716.80 crore in Q3 FY25.

Powered by Capital Market - Live News

Oil & Natural Gas Corpn Ltd fell for a fifth straight session today. The stock is quoting at Rs 224.85, down 2.66% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.Oil & Natural Gas Corpn Ltd has eased around 10.56% in last one month.Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has eased around 8.09% in last one month and is currently quoting at 30659.25, down 2.25% on the day. The volume in the stock stood at 67.86 lakh shares today, compared to the daily average of 91.05 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 225.8, down 2.76% on the day. Oil & Natural Gas Corpn Ltd tumbled 15.02% in last one year as compared to a 0.67% rally in NIFTY and a 22.84% fall in the Nifty Energy index.

The PE of the stock is 7.45 based on TTM earnings ending December 24.

Powered by Capital Market - Live News

The proceeds from the rights issue will be used to fund the acquisition of PTC Energy, it added.

On 13 September 2024, ONGC entered into a share purchase agreement with PTC India to acquire a 100% stake in PEL, which operates 288.8 MW of wind power projects across Andhra Pradesh, Madhya Pradesh, and Karnataka.

Additionally, the company’s board has approved the provision of a replacement corporate guarantee of Rs 75 crore on behalf of OGL for the PTC Energy acquisition.

Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. The Government of India held a 58.89% stake in ONGC as of December 2024.

The company’s standalone net profit fell 16.7% to Rs 8,239.92 crore in Q3 FY25 compared with Rs 9,891.71 crore in Q4 FY24. Revenue from operations declined 3.08% YoY to Rs 33,716.80 crore in Q3 FY25.

Shares of Oil & Natural Gas Corporation shed 0.43% to Rs 233.35 on the BSE.

Powered by Capital Market - Live News

Oil & Natural Gas Corpn Ltd fell for a fifth straight session today. The stock is quoting at Rs 224.85, down 2.66% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.Oil & Natural Gas Corpn Ltd has eased around 10.56% in last one month.Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has eased around 8.09% in last one month and is currently quoting at 30659.25, down 2.25% on the day. The volume in the stock stood at 67.86 lakh shares today, compared to the daily average of 91.05 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 225.8, down 2.76% on the day. Oil & Natural Gas Corpn Ltd tumbled 15.02% in last one year as compared to a 0.67% rally in NIFTY and a 22.84% fall in the Nifty Energy index.

The PE of the stock is 7.45 based on TTM earnings ending December 24.

Powered by Capital Market - Live News

The proceeds from the rights issue will be used to fund the acquisition of PTC Energy, it added.

On 13 September 2024, ONGC entered into a share purchase agreement with PTC India to acquire a 100% stake in PEL, which operates 288.8 MW of wind power projects across Andhra Pradesh, Madhya Pradesh, and Karnataka.

Additionally, the company’s board has approved the provision of a replacement corporate guarantee of Rs 75 crore on behalf of OGL for the PTC Energy acquisition.

Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. The Government of India held a 58.89% stake in ONGC as of December 2024.

The company’s standalone net profit fell 16.7% to Rs 8,239.92 crore in Q3 FY25 compared with Rs 9,891.71 crore in Q4 FY24. Revenue from operations declined 3.08% YoY to Rs 33,716.80 crore in Q3 FY25.

Shares of Oil & Natural Gas Corporation shed 0.43% to Rs 233.35 on the BSE.

Powered by Capital Market - Live News

The key equity benchmarks traded near flat line with positive bias in early trade. The Nifty traded above 22,550 mark. Media, auto and bank shares advanced while realty, metal and pharma shares declined.

At 09:25 IST, the barometer index, the S&P BSE Sensex, advanced 77.43 points or 0.10% to 74,529.65. The Nifty 50 index added 11.40 points or 0.05% to 22,564.75.

In the broader market, the S&P BSE Mid-Cap index declined 0.45% and the S&P BSE Small-Cap index fell 0.29%.

The market breadth was negative. On the BSE, 1,334 shares rose and 1,349 shares fell. A total of 146 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 6,286.70 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,185.65 crore in the Indian equity market on 21 February 2025, provisional data showed.

The stock market will be closed tomorrow, 26th February 2025, on account of Mahashivratri.

Numbers to Track:

The yield on India's 10-year benchmark federal paper advanced 1.57% to 6.813 as compared with the previous close of 6.807.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.8800, compared with its close of 86.7275 during the previous trading session.

MCX Gold futures for 4 April 2025 settlement were added 0.12% to Rs 86.231.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.04% to 106.63.

The United States 10-year bond yield declined 0.39% to 4.376.

In the commodities market, Brent crude for April 2025 settlement added 36 cents or 0.48% to $75.14 a barrel.

Stocks in Spotlight:

Oil & Natural Gas Corporation (ONGC) rose 0.45%. The company intends to invest Rs 1,200 crore in subsidiary, ONGC Green via rights issue subscription.

Torrent Power added 0.21%. The company’s subsidiary, Torrent Green Energy incorporates Torrent Urja32 as a wholly owned subsidiary.

Cosmo First advanced 0.73%. The comapny’s subsidiary, Cosmo Specialty Chemicals has launched its innovative range of Oil and Grease Resistant (OGR) barrier coatings. These advanced solutions offer sustainable alternatives to traditional polyethylene coatings, addressing growing environmental concerns while maintaining superior performance.

Global Markets:

US Dow Jones index futures were up 92 points, indicating a positive opening in the US stocks today.

Asian shares declined on Tuesday, driven by concerns over potential U.S. investment restrictions on Chinese technology sectors and anticipation of Nvidia's earnings. The Bank of Korea's expected 0.25% interest rate cut provided limited support to South Korean stocks.

Hong Kong's Hang Seng index continued its downward trend from Monday, following U.S. measures aimed at limiting Chinese investment in strategic areas like semiconductors, artificial intelligence, and aerospace.

Investor sentiment was further dampened by continued uncertainty surrounding potential U.S. tariffs on Mexico and Canada, despite prior hopes of negotiated resolutions.

U.S. indices finished lower on Monday, with tech stocks leading the decline. This followed sharp losses in the previous session, fueled by growing concerns about a potential slowdown in the U.S. economy, as indicated by weaker consumer sentiment data.

The S&P 500 fell 0.5% to 5,983.49 points, while the NASDAQ Composite slid 1.2% to 19,286.93 points. The Dow Jones Industrial Average closed up 0.1% at 43,461.95 points.

All eyes are now on Nvidia's quarterly earnings release, scheduled for after the U.S. market close on Wednesday. Investors are particularly focused on whether the company maintained its high growth trajectory driven by strong demand for its advanced artificial intelligence chips.

Powered by Capital Market - Live News