Shares of ONGC had been final buying and selling 0.37 per cent decrease at Rs 121.60 on the BSE.
Share value of Oil and Pure Gasoline Company (ONGC) edged decrease by round one per cent on Friday, June 25, after the state-owned crude oil producer introduced its January-March quarter outcomes for the monetary yr 2020-21. On Friday, ONGC opened on the BSE at Rs 123.40, inching to an intra day excessive of Rs 124.90 and an intra day low of Rs 120.50, within the buying and selling session to date. ONGC’s web revenue jumped to Rs 6,733.97 crore within the March quarter of fiscal 2021, in keeping with a regulatory submitting by the corporate to the inventory exchanges.
ONGC reported a web revenue of ₹ 1,258.12 crore within the corresponding quarter final yr. The corporate’s web realisation elevated by 18.4 p.c to $58.05 a barrel within the fourth quarter of fiscal 2021, in comparison with $49.01 a barrel within the year-ago interval. This was because of rising oil costs amid the hope for restoration of demand after the decline of each day COVID-19 circumstances.
The corporate’s board of administrators really helpful a last dividend of 1.85 per share or 37 per cent, which is 2,327 crore over and above the interim dividend of 1.75 per share or 35 per cent, in keeping with its assertion.
On the NSE, ONGC opened at Rs 122.95, registering an intra day excessive of Rs 124.95 and an intra day low of Rs 120.50, within the session to date. It was final buying and selling 0.25 per cent decrease at Rs 121.70 on the NSE.
Shares of ONGC had been final buying and selling 0.37 per cent decrease at Rs 121.60 on the BSE.
ONGC is underneath the administration of the Ministry of Petroleum and Pure Gasoline and is the biggest oil and fuel exploration, manufacturing firm within the nation.
