ONGC Ltd, an oil & gas stock, has rallied by over 20% in the last 3 months, hitting a fresh 52-week high in January 2024. Short-term traders can buy the stock for a target of Rs 295 in the next 3 months. The stock rose from Rs 186 to Rs 239, a 26% upside in 3 months. It broke out from a multi-year swing high and closed above the Bollinger band on the monthly charts. Investors may consider initiating a position with a target of 295 and a stop loss at 190.
ONGC Ltd. announced the successful commencement of First Oil production from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal. With commencement of this First Oil from M -.
ONGC given 39 days to cap gas well at Senthamangalam thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Indian Oil Corporation: S N Goel, Chairman and Managing Director, IEX and Director, IGX said, "We are delighted to welcome IndianOil as a strategic partner in IGX.
Indian Oil Corporation: Energy exchange IEX and National Stock Exchange (NSE) are promoters of IGX, a gas exchange which has been set up to promote gas trading in the country. GAIL (India) Ltd, ONGC Ltd, Torrent Gas Pvt Ltd and Adani Total Gas Ltd are strategic investors in the natural gas trading platform.