NEW DELHI: Shares of Oil And Natural Gas Corporation Ltd. traded 1.63 per cent down in Monday's trade at 11:11AM (IST). Around 747,289 shares changed hands on the counter.

The stock opened at Rs 85.75 and touched an intraday high and low of Rs 86.1 and Rs 84.1, respectively, in the session so far. Shares of the company of Oil And Natural Gas Corporation Ltd. quoted a 52-week high of Rs 173.5 and a 52-week low of Rs 51.8.

Total market cap of the Oil And Natural Gas Corporation Ltd. stood at Rs 105925.95 crore at the time of writing this report.

State-owned ONGC has warned that the COVID-19 pandemic will impact the speed of execution of its projects and the company is identifying opportunities for optimisation of capital and operating expenditure.

Key Financials
The company reported consolidated sales of Rs 109443.39 crore for the quarter ended 31-Dec-2019, up 7.77 per cent from previous quarter's Rs 101554.26 crore and up 6.7 per cent from the year-ago quarter's Rs 117305.8 crore.

The net profit for latest quarter stood at Rs 4903.68 crore, down 48.69 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2020, DIIs held 6.95 per cent stake in the company, while foreign institutional investors held 7.62 per cent and the promoters 60.41 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 4.98 and a price-to-book ratio of 0.45. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Oil And Natural Gas Corporation Ltd. belongs to the Oil Drilling And Exploration industry.