Management hopes to resolve technical issues in oil well D1 and gas well D2 in the current calendar year.

Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 173167.54 Crore) operating in Gas & Petroleum sector.

Motilal Oswal is bullish on ONGC recommended buy rating on the stock with a target price of Rs 177 in its research report dated August 13, 2022.

Reliance Industries released a short clip of its Chairman Mukesh Ambani along with his wife Nita Ambani and grandson Prithvi Ambani waving the national tricolour amid a group of people celebrating Independence Day. Richest Indian Gautam Adani said India stands on the threshold of infinite opportunities and accelerated growth.

The Sensex gained 1.87 percent during the week while the Nifty edged higher by 1.77 percent.

The standalone revenue from operations for the June FY23 quarter grew by 84 percent to Rs 42,321 crore compared to the corresponding period last fiscal.

The NSE Nifty index closed 39.15 points up at 17698.15

Vedanta Ltd has moved the top court against the March 26 judgement of a division bench of the Delhi High Court setting aside a single judge order directing the Centre to extend till 2030 its PSC with Vedanta Ltd and ONGC to produce oil from the Barmer oil field.

The NSE Nifty index was trading 13.0 points up at 17672.0

LIC, Grasim, ONGC, Info Edge, Divi's Labs, Hindustan Aeronautics, Hero Motocorp, Muthoot Finance, Astral, Power Finance Corp, Timken India, ZEE and Sun TV are among the companies that will announce their earnings for the quarter ended June 2022.

About 14 stocks from the Nifty, including ONGC, UPL, HDFC Life, SBI Life, Axis Bank, and Hindalco, could gain over 15% in a year, according to Motilal Oswal Financial, based on Bloomberg consensus estimates.

Oil ministry has ordered the diversion of natural gas from industries to the city gas distribution sector to cool CNG and piped cooking gas prices that have shot up by 70 per cent on the use of imported fuel.

Oil ministry has ordered the diversion of natural gas from industries to the city gas distribution sector to cool CNG and piped cooking gas prices that have shot up by 70 per cent on the use of imported fuel.

“Any time I get ONGC below the Rs 125-130 mark, I look at it this way. The company has never really reduced its dividend. At that price, the dividend yield for the company is about 8%. So irrespective of whether the stock price appreciates or not, I am appreciating 8% every year on this. So any appreciation in stock price comes as a bonus to me. ”

The NSE Nifty index closed 9.65 points up at 17534.75

The list includes IRCTC, Mahanadi Coalfields, ONGC, Bharat Electronics Ltd, Oil India, Shipping Corporation of India, National Seeds Corp Ltd, North Eastern Electric Power Corporation Ltd.