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ONGC Rise 2%, Up for Fifth Straight Session

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Oil & Natural Gas Corpn Ltd (ONGC) is quoting at Rs 137.85, up 2 per cent on NSE. The stock is down 9.31 per cent in 2021 compared to a 1.43 per cent jump in NIFTY and a 14.44 per cent jump in Nifty Auto.

ONGC is up for a fifth straight session on Wednesday. The stock is quoting at Rs 137.85, up 2 per cent on the NSE. The benchmark NIFTY is down around 0.34 per cent. The Sensex is at 60893.51, down 0.37 per cent. Oil & Natural Gas Corpn Ltd gained around 4.12 per cent in October. Meanwhile, the Nifty Auto index of which Oil & Natural Gas Corpn Ltd has gained around 6.7 per cent in October and is currently quoting at 26899.65, down 0.07 per cent. The volume in the stock stood at 131.65 lakh shares on Wednesday compared to the daily average of 137.97 lakh shares in October. 

In the November futures contract, the benchmark for the stock is quoted at Rs 138.2, up 1.62 per cent. Oil & Natural Gas Corpn Ltd is down 9.31 per cent in 2021 compared to a 1.43 per cent jump in NIFTY and a 14.44 per cent jump in the Nifty Auto index. As of June 2022, the private equity of the stock is 3.32 based on TTM earnings.

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