ONGC rose 1.2% to Rs 168 at 09:45 IST on BSE after net profit surged 58.15% to Rs 6143.88 crore on 39.47% rise in total income to Rs 27862.71 crore in Q1 June 2018 over Q1 June 2017.
The result was announced after market hours yesterday, 2 August 2018.On the BSE, 3.53 shares were traded in the counter so far compared with average daily volumes of 3.63 lakh shares in the past two weeks. The stock had hit a high of Rs 171 and a low of Rs 167.35 so far during the day. The stock hit a 52-week high of Rs 212.90 on 25 January 2018. The stock hit a 52-week low of Rs 152.45 on 28 June 2018.
ONGC's net realisation stood at $67.97 a barrel in Q1 June 2018, compared to $45.92 a barrel in Q1 June 2017.
ONGC is engaged in oil and gas exploration. The Government of India held 67.45% stake in ONGC as per the shareholding pattern as on 30 June 2018.
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