Mumbai: State-owned energy major Oil and Natural Gas Corporation (ONGC) on Thursday reclaimed the spot as the country's most-valued company, pushing IT giant TCS to the second slot. At the end of trade, ONGC commanded a market value of Rs 2,89,047 crore. This is about Rs 4,428 crore more than TCS's market cap of Rs 2,84,619 crore.
ONGC scrip ended 0.82 per cent higher, while TCS lost 1.02 per cent on the BSE. Reliance Industries with a market capitalisation of Rs 2,71,904 crore was at third place, followed by ITC (Rs 2,66,133 crore) and Coal India (Rs 1,88,543 crore).
Market capitalisation or the value of a listed company is arrived at by multiplying the total number of its shares with its stock price on a particular day or time. This figure changes daily with the change in the stock price.
The BSE 30-stock index, Sensex, advanced by 34.37 points, or 0.17 per cent to 20,247.33, the level last seen in January, 2011. The index had gained 521 points in last two trading sessions....
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04:53 PM, May 16, 2013
A massive fire swept through a unit of Oil and Natural Gas Corporation (ONGC) at upper Assam's Sibsagar district killing two persons and destroying property worth lakhs of rupees, ONGC officials said. The fire started from a part of the Group Gathering Stations (GGS) number 3 of ONGC's Assam Asset at Geleki in Sibsagar around midnight. ...
02:27 PM, Jan 11, 2013
New Delhi: State-run gas utility GAIL India Ltd has cut its equity stake in ONGC's Dahej mega petrochemical project to 15.5 per cent after project cost further escalated by 9.5 per cent. GAIL had in 2008-09 picked up 19 per cent stake in ONGC Petro-additions Ltd (OPaL) which is building a mega petrochemical complex at Dahej in Gujarat. The 1.1 million tonnes plant was at that time estimated to cost...
02:13 PM, Aug 23, 2012
Ahmedabad: ONGC Energy Centre(OEC), a research division of ONGC on alternate energy, has joined hands with a Belgian firm to harness geothermal energy in South Cambay basin of Gujarat, a top official said recently. "OEC has undertaken a collaborative research, development and demonstration project with Talboom, a Belgian firm to harness geothermal energy in South Cambay Basin (Gandhar field) by setting up a pilot power plant," the ONGC official told...
01:55 PM, Aug 22, 2012
New Delhi: ONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corporation (ONGC), is eyeing stake in Russia's ambitious Arctic Ocean oil and gas projects with US supermajor ExxonMobil and Italian energy giant ENI. OVL on May 4 wrote to Russian state oil company Rosneft expressing interest in taking stake in one of the three joint ventures announced to explore for oil and gas beneath Arctic Ocean,...
01:13 PM, Aug 21, 2012
New Delhi: The Oil and Natural Gas Corporation (ONGC) is still inviting online applications for 889 positions for its Graduate Trainee (GT) Recruitment 2012. Candidates can log on to www.ongcindia.com to do the same. The process stared on August 4, 2012. Following are the number of vacancies under various quotas: Posts of General : 476 vacancies Posts of OBC : 235 vacancies Posts of SC : 97 vacancies Posts of...
09:36 AM, Aug 17, 2012
New Delhi: Candidates have until August 26 to apply for 889 positions for Oil and Natural Gas Corporation's (ONGC's) Graduate Trainee (GT) Recruitment 2012. Candidates can log on to www.ongcindia.com to do the same. Following are the number of vacancies under various quotas: Posts of General : 476 vacancies Posts of OBC : 235 vacancies Posts of SC : 97 vacancies Posts of ST : 79 vacancies Posts of PWD...
09:38 AM, Aug 07, 2012
New Delhi: Oil and Natural Gas Corporation (ONGC) has started inviting online applications for 889 positions for its Graduate Trainee (GT) Recruitment 2012. Candidates can log on to www.ongcindia.com to do the same. Following are the number of vacancies under various quotas: Posts of General : 476 vacancies Posts of OBC : 235 vacancies Posts of SC : 97 vacancies Posts of ST : 79 vacancies Posts of PWD :...
09:42 AM, Aug 06, 2012
Mumbai: State-owned energy major ONGC on Tuesday surpassed software giant TCS to become country's most valued company with a market capitalisation of Rs 2.44 lakh crore. At end of trade on Tuesday, ONGC commanded a market value of Rs 2,44,515 crore, the highest for any listed company in the country on the back of 3.34 per cent rise in its share price. On the other hand, TCS's m-cap stood at...
06:14 PM, Jul 31, 2012
