ONGC stock down 3%; to join hands with British Gas

The stock opened at Rs. 234 as against the previous close of Rs. 229 on BSE. It has hit a high of Rs. 234 and a low of Rs.221 on BSE today.

Shares of ONGC Ltd was down by 3% to Rs. 223 on reports that the company is planning to join hands with British Gas to conduct a study to reestablish exploration in Cauvery Basin Offshore. Besides, the company also said that its Mission 2018 is to produce first gas in eastern offshore Block KG-DWN-98/2.

The stock opened at Rs. 234 as against the previous close of Rs. 229 on BSE. It has hit a high of Rs. 234 and a low of Rs.221 on BSE today.

Total traded quantity on the counter stood at over 2 lk shares on BSE.

Meanwhile, the BSE Sensex is down 490 points at 25,274.