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ONGC Stock Rises After the Company Announces Rs 15,000 Crore Investment in ONGC Petro-Additions
Fri, Sep 08, 2023
ONGC share price BSE: Shares of Oil and Natural Gas Corporation (ONGC) over 1 per cent on the BSE in Friday's session after the state-owned oil exploration company said it will infuse about Rs 15,000 crore in ONGC Petro-additions (OPaL) as part of a financial restructuring exercise that will see gas utility GAIL being edged out of the petrochemical firm.
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ONGC to invest Rs 15,000 crore in ONGC Petro-additions; stock rises
Fri, Sep 08, 2023
ONGC share price BSE: Shares of Oil and Natural Gas Corporation (ONGC) over 1 per cent on the BSE in Friday's session after the state-owned oil exploration company said it will infuse about Rs 15,000 crore in ONGC Petro-additions (OPaL) as part of a financial restructuring exercise that will see gas utility GAIL being edged out of the petrochemical firm.
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CBI arrests GAIL executive director, four others in a bribery case
Tue, Sep 05, 2023
CBI search at GAIL news today: The Central Bureau of Investigation on Tuesday arrested five persons, including the executive director of Gas Authority of India Ltd (GAIL), in a bribery case. A senior CBI official informed that the arrested persons were involved in bribery of Rs 50 lakh.
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GAIL's Q1 profit dives 51.5%; board approves Rs 11,256 crore revised cost for Usar petchem plant
Mon, Jul 31, 2023
Standalone net profit of Rs 1,412 crore, or Rs 2.15 per share, in April-June (first quarter of current 2023-24 fiscal year) compared with Rs 2,915.19 crore, or Rs 4.38 a share, in the same period a year back, according to a company statement and stock exchange filing.
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GAIL Q1 results preview: Net profit likely to more than double sequentially to Rs 1,460 crore
Thu, Jul 27, 2023
GAIL is all set to report its financial results for the quarter ended June on July 31. According to Zee Business research, the state-run gas major is estimated to register a more than two-fold sequential increase in quarterly net profit.
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Adani Total Gas, ONGC, GAIL in focus as markets celebrate Govt's revised natural gas pricing formula
Mon, Apr 10, 2023
Shares of Mahanagar Gas Ltd (MGL), Petronet LNG, Gujarat Gas, Oil India, Oil and Natural Gas Corp (ONGC) and GAIL (India) rose on Monday as Dalal Street turned bullish on gas distribution companies.
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Gas stocks surge as Street turns bullish on Centre's revised natural gas pricing formula
Mon, Apr 10, 2023
GAIL slashed its CNG and piped cooking gas prices by up to Rs 7 per kg in various states, while MGL also reduced CNG prices by Rs 8 per kg and domestic PNG by Rs 5/SCM (standard cubic metre) in and around Mumbai.
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Should you buy, sell or hold Titan, Tata Motors, Maruti Suzuki, GAIL India and other stocks in focus today?
Mon, Apr 10, 2023
Which stocks to buy, hold or sell today? As Dalal Street enters the April 10 session, here's a look at what brokerages make of some of the key stocks in focus. Stocks such as Titan, Tata Motors, Maruti Suzuki, GAIL India and other gas shares are on their radar.
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Stocks in focus today: Hindustan Aeronautics, Campus Activewear, Accenture, other stocks worth tracking
Fri, Mar 24, 2023
Emami, RVNL, Campus Activewear, Accenture, Hindustan Aeronautics and SAIL among others are in focus on the back of either stock-related news or various corporate actions on Friday, March 24, 2023.
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Should you buy, sell or hold GAIL, Hindustan Aeronautics, TVS Motor, Asian Paints, other stocks in focus?
Thu, Mar 23, 2023
Which stocks to buy, hold or sell today? As Dalal Street enters the March 23 session, here's a look at what brokerages make of some of the key stocks in focus. Stocks such as GAIL, Hindustan Aeronautics, TVS Motor, and Asian Paints are on their radar.
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ONGC, Oil India, GAIL stocks under pressure as windfall tax cut fails to excite Street
Tue, Mar 21, 2023
Energy stocks such as Oil and Natural Gas Corporation (ONGC), Oil India and GAIL traded in red on Tuesday, even after the government lowered a windfall tax cut on domestically-produced crude oil by 20.5 per cent to Rs 3,500 per tonne.
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