Ongc Shares

Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.

The Supreme Court on Friday sought a response from the Centre on an appeal of Vedanta Ltd against a Delhi High Court verdict related to a production sharing contract (PSC) of Vedanta and the ONGC to produce oil from the Barmer oil field in Rajasthan.

Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.

Here's why ONGC shares have declined over 13% in the last five days.

Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.

ONGC Videsh Ltd is facing temporary disruptions in moving its share of oil from the Sakhalin-1 project in Far East Russia due to Russian sanctions

Bluechip companies are fundamentally strong with a large market capitalisations and enviable reputations

Why did Buffett purchase this oil stock? We analyze this question by an interesting case study.

Share Market Today: The Indian equity indices decline for the fifth straight session on Tuesday taking cues from the global markets amid the ongoing Russia-Ukraine war.

The Indian equity benchmarks on Friday traded higher in opening deals led by buying in all sectors amid positive global cues.

The Indian equity benchmarks on Tuesday started trading in green led by gains across all sectors. Asian shares were mixed as Japan's Nikkei rose 1.38 per cent, South Korea's KOSPI fell 0.37 per cent and the Shanghai Composite index slipped as much as 0.61 per cent.

The domestic stock markets are expected to trade cautiously on Monday, taking cues from the global markets. Asian shares edged higher as U.S. stock futures made early gains.

ONGC Q2 Results: ONGC reported a net profit of Rs 18,384 crore, compared to Rs 2,758 crore in the corresponding period last year, marking a sharp growth of 565 per cent year-on-year.

Nine of 15 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Oil & Gas index's 2.8 per cent gain.

Brent crude was up by 40 cents or 0.5 per cent at $81.66 a barrel by 9:10 am, having risen2.5 per cent on Monday.

Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.

The Supreme Court on Friday sought a response from the Centre on an appeal of Vedanta Ltd against a Delhi High Court verdict related to a production sharing contract (PSC) of Vedanta and the ONGC to produce oil from the Barmer oil field in Rajasthan.

Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.

Here's why ONGC shares have declined over 13% in the last five days.

Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.

ONGC Videsh Ltd is facing temporary disruptions in moving its share of oil from the Sakhalin-1 project in Far East Russia due to Russian sanctions

Bluechip companies are fundamentally strong with a large market capitalisations and enviable reputations

Why did Buffett purchase this oil stock? We analyze this question by an interesting case study.

Share Market Today: The Indian equity indices decline for the fifth straight session on Tuesday taking cues from the global markets amid the ongoing Russia-Ukraine war.

The Indian equity benchmarks on Friday traded higher in opening deals led by buying in all sectors amid positive global cues.

The Indian equity benchmarks on Tuesday started trading in green led by gains across all sectors. Asian shares were mixed as Japan's Nikkei rose 1.38 per cent, South Korea's KOSPI fell 0.37 per cent and the Shanghai Composite index slipped as much as 0.61 per cent.

The domestic stock markets are expected to trade cautiously on Monday, taking cues from the global markets. Asian shares edged higher as U.S. stock futures made early gains.

ONGC Q2 Results: ONGC reported a net profit of Rs 18,384 crore, compared to Rs 2,758 crore in the corresponding period last year, marking a sharp growth of 565 per cent year-on-year.

Nine of 15 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Oil & Gas index's 2.8 per cent gain.

Brent crude was up by 40 cents or 0.5 per cent at $81.66 a barrel by 9:10 am, having risen2.5 per cent on Monday.