The BSE Oil & Gas is trading up 1.2% or 124.65 points at 10,251.35 as against the previous close of 10,126.70.
Shares of ONGC and Oil India were up in the range of 4% to 3%. The BSE Oil & Gas is trading up 1.2% or 124.65 points at 10,251.35 as against the previous close of 10,126.70.
The BSE Oil & Gas opened at 10,218.30 and hits a high of 10,321.52 and a low of 10,179.67.
Oil companies has received approval to increase kerosene price by 25 paise every month till April 2017, according to reports. Currently, under-recoveries on kerosene and LPG are Rs 13.1 a litre and Rs 116 per cylinder, respectively.
Oil & Natural Gas Corpn Ltd is currently trading at Rs. 238.45, up by Rs. 10.7 or 4.7% from its previous closing of Rs. 227.75 on the BSE.
The scrip opened at Rs. 233.85 and has touched a high and low of Rs. 241.3 and Rs. 232.5 respectively. So far 6027689(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 194851.29 crore.
Oil India Ltd is currently trading at Rs. 376.9, up by Rs. 11.15 or 3.05% from its previous closing of Rs. 365.75 on the BSE. The scrip opened at Rs. 372 and has touched a high and low of Rs. 380.9 and Rs. 372 respectively. So far 1715271(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 21986.55 crore.
Shares of ONGC and Oil India were up in the range of 4% to 3%. The BSE Oil & Gas is trading up 1.2% or 124.65 points at 10,251.35 as against the previous close of 10,126.70.The BSE Oil & Gas opened at 10,218.30 and hits a high of 10,321.52 and a low of 10,179.67.
Oil companies has received approval to increase kerosene price by 25 paise every month till April 2017, according to reports. Currently, under-recoveries on kerosene and LPG are Rs 13.1 a litre and Rs 116 per cylinder, respectively.
Oil & Natural Gas Corpn Ltd is currently trading at Rs. 238.45, up by Rs. 10.7 or 4.7% from its previous closing of Rs. 227.75 on the BSE.
The scrip opened at Rs. 233.85 and has touched a high and low of Rs. 241.3 and Rs. 232.5 respectively. So far 6027689(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 194851.29 crore.
Oil India Ltd is currently trading at Rs. 376.9, up by Rs. 11.15 or 3.05% from its previous closing of Rs. 365.75 on the BSE. The scrip opened at Rs. 372 and has touched a high and low of Rs. 380.9 and Rs. 372 respectively. So far 1715271(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 21986.55 crore.
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