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"Our major oil and gas producing fields are ageing and showing natural decline," ONGC Chairman and Managing Director Dinesh K Sarraf told shareholders at company's AGM. However, ONGC has
Amit Rustagi, Vice President - Energy Research at Antique Stock Broking is of the view that one can buy Oil and Natural Gas Corporation.
Amit Rustagi expects a USD 6-6.5 per unit gas price hike for ONGC and a USD 7-8 per unit gas price hike for Reliance Industries, both on a blended basis.
Here we capture the financial impact of the subsidy regime on the operations and financials of both upstream as well as downstream companies over the past 10 years.
Sudarshan Sukhani of s2analytics.com is of the view that UltraTech Cement and Oil and Natural Gas Corporation are buying opportunities.
ABB with a stoploss at Rs 1200 and target of Rs 1295Hemen Kapadia of KR Choksey SecuritiesBuy Adani Enterprises with a stoploss at Rs 492 and target of Rs 504Buy Oil and Natural Gas Corporation
Though contents of the report have been kept under wraps, the official indicated that the price increase may be around 50 percent. Most of the domestically produced gas is currently sold at a price
ONGC Videsh Ltd, the overseas arm of state-run explorer Oil and Natural Gas Corp (ONGC), has signed an agreement to expand its oil and gas exploration in offshore Vietnam.The Indian flagship firm
disinvestments will happen more proactively in the oil sector, and government will do these reforms. Therefore, from a reform standpoint that Oil and Natural Gas Corporation (ONGC) and other oil marketing
Oil and Natural Gas Corporation and Steel Authority of India are successful, but there are dozens more that have been bleeding cash for decades and kept afloat by budgetary support each year.On Tuesday
the two countries," the statement said.They also agreed to "consolidate" energy cooperation following a 2013 agreement under which PetroVietnam offered India's ONGC oil and gas blocks for exploration
"If we dont have a correction you will not have investors coming in, in a big way especially the retail. Unless that happens you cant have sustained rally,"says Ambareesh Baliga.
said India is on recovery course.Is the decline in global oil prices sustainable?According to Deutsche Bank’s oil and gas analysts, Harshad Katkar and Amit Murarka, decelerating global oil demand
Sanjay Dutt, Director of Quantum Securities is of the view that one may hold Oil and Natural Gas Corporation.
Roberts continues to be overweight on India and is quite confident that the market hasn't finished its bull run and there is a lot of potential to take it to a much higher level.
-term perspectiveDutt suggests buying quality stocks on corrections. He is bullish on ONGC but only from a long-term view. He picks Reliance Industries as his top bet among the oil and gas pack. He
In terms of US dollar, the total market value of BSE listed companies has surged to USD 1.58 trillion at the current rupee rate of 60.65 against the Greenback.
LIC investment in the bond market may touch Rs 2.5 lakh crore in the fiscal ending March 2015.
The m-cap of SBI surged Rs. 8,227.23 crore to reach Rs. 1,96,020.23 crore, while ITC added Rs. 4,421.88 crore to touch Rs. 2,83,518.18 crore.
Deven Choksey, MD at KR Choksey Shares and Securities advises buying Oil and Natural Gas Corporation on correction.
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