Thursday 31 March 2016

ONGC down 2%

Standard & Poor's Ratings Services said that its rating on Oil And Natural Gas Corp. Ltd is unaffected by the company's US$5 billion investment plan for the Krishna Godavari (KG) basin on the east coast of India. 

ONGC4ONGC was lower by 2% at Rs. 212. Standard & Poor's Ratings Services said that its rating on Oil And Natural Gas Corp. Ltd is unaffected by the company's US$5 billion investment plan for the Krishna Godavari (KG) basin on the east coast of India.

The scrip opened at Rs. 215.45 and has touched a high and low of Rs. 216 and Rs. 212.2 respectively. So far 1256277(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 186381.35 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 343 on 05-May-2015 and a 52 week low of Rs. 188 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 218.9 and Rs. 210.65 respectively.

The promoters holding in the company stood at 68.93 % while Institutions and Non-Institutions held 17.49 % and 13.57 % respectively.

The stock is currently trading above its 200 DMA.

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