EGoM likely to consider disinvestment in ONGC on Feb 24

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EGoM likely to consider disinvestment in ONGC on Feb 24

The Empowered Group of Ministers (EGoM) is likely to consider disinvestment in Oil and Natural Gas Corporation (ONGC) on February 24, reports CNBC-TV18.

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The Empowered Group of Ministers (EGoM) is likely to consider disinvestment in Oil and Natural Gas Corporation (ONGC) on February 24, reports CNBC-TV18.

The share touched an intraday high of Rs 300.85 and an intraday low of Rs 293.75. At 09:16 hrs the share was quoting at Rs 298.50, up Rs 6.80, or 2.33%.
 
It was trading with volumes of 24,636 shares. In the previous trading session, the share closed up 3.70% or Rs 10.40 at Rs 291.70.

The company's trailing 12-month (TTM) EPS was at Rs 22.12 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 13.49. The latest book value of the company is Rs 113.97 per share. At current value, the price-to-book value of the company was 2.62. The dividend yield of the company was 5.86%.