ONGC shines on reporting 3-fold jump in Q3 consolidated net profit
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Oil & Natural Gas Corporation is currently trading at Rs. 171.20, up by 2.95 points or 1.75% from its previous closing of Rs. 168.25 on the BSE.
The scrip opened at Rs. 169.60 and has touched a high and low of Rs. 176.40 and Rs. 168.55 respectively. So far 270762 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 176.40 on 14-Feb-2022 and a 52 week low of Rs. 95.60 on 15-Feb-2021.
Last one week high and low of the scrip stood at Rs. 176.40 and Rs. 163.10 respectively. The current market cap of the company is Rs. 211663.20 crore.
The promoters holding in the company stood at 60.41%, while Institutions and Non-Institutions held 26.06% and 13.53% respectively.
Oil and Natural Gas Corporation (ONGC) has reported above 6- fold jump in its net profit at Rs 8763.72 crore for the quarter ended December 31, 2021 as compared to Rs 1258.12 crore for the same quarter in the previous year. Total income of the company increased by 64.26% at Rs 29964.55 crore for Q3FY22 as compared Rs 18242.56 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 3-fold jump in its net profit at Rs 11636.67 crore for the quarter under review as compared to Rs 3637.28 crore for the same quarter in the previous year. Total income of the company increased by 44.33% at Rs 147814.67 crore for Q3FY22 as compared Rs 102416.84 crore for the corresponding quarter previous year.
