ONGC Share Price Live Updates: ONGC's Stock Movement
02 Jun 2025 | 08:43:11 AM IST Discover the ONGC Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a top-performing stock. Keep track of ONGC's latest details, including: Last traded price 239.4, Market capitalization: 301171.88, Volume: 10108840, Price-to-earnings ratio 8.33, Earnings per share 28.74. Our liveblog offers a holistic view of ONGC by examining both fundamental and technical indicators. Stay ahead of market trends with breakingnews that can impact ONGC's performance. Our market analysis and expert opinions provide valuable insights to guide your investment decisions. Join us on the ONGC Stock Liveblog and stay informed in this dynamic market landscape. The data points are updated as on 08:43:11 AM IST, 02 Jun 2025 Show more
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Time of India
an hour ago
- Time of India
ONGC says losing money in Assam, counters protesting employees
India's top oil and gas producer ONGC on Tuesday said it is losing money in Assam because of low production and high employee headcount, as it countered allegations of protesting employees over stoppage of contentious overtime payment. In a statement, Oil and Natural Gas Corporation (ONGC) emphasised that it is hiring locally and is investing heavily in the local community in Assam. Reacting to a a sit-in by members of the ONGC Purbanchal Employees' Association (OPEA) at the Assam Asset in Nazira, the company said the demonstration, while peaceful, has been primarily initiated as a protest against discontinuation of a particular overtime payment, "which was not admissible". "The company is losing money while continuing its operations at Assam for the last few years; one of the reasons being low production and high manpower," it said. It went on to state that the claim of the Union with respect to medical facilities being stopped was "factually incorrect". "The change from direct credit to reimbursement mode has been introduced to curb misuse and malpractice related to a unique welfare facility the company provides to its in-service as well as to its former employees," it said. Despite financial pressures linked to rising production costs in the Assam Asset, ONGC said it continues to maintain a significant presence in the region. The company reiterated "its commitment to Assam through a wide range of Corporate Social Responsibility (CSR) initiatives. These include sustained investment in education, healthcare, infrastructure, and skill development. The Siu-Ka-Pha Hospital at Sivasagar is one such flagship project providing healthcare to the locals." While the current changes may cause short-term friction, they are aimed at ensuring long-term sustainability for ONGC's operations in Assam. The situation remains stable, with dialogue channels open between management and employee representatives.
Time of India
2 hours ago
- Time of India
ONGC Share Price Live Updates: ONGC closes at Rs 238.31
04 Jun 2025 | 08:42:44 AM IST Join us on the ONGC Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about ONGC, including: Last traded price 237.27, Market capitalization: 298492.28, Volume: 9515918, Price-to-earnings ratio 8.26, Earnings per share 28.74. Our liveblog provides a well-rounded view of ONGC by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact ONGC's performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the ONGC Stock Liveblog. The data points are updated as on 08:42:44 AM IST, 04 Jun 2025 Show more
Time of India
12 hours ago
- Time of India
ONGC says losing money in Assam, counters protesting employees
India's top oil and gas producer ONGC on Tuesday said it is losing money in Assam because of low production and high employee headcount, as it countered allegations of protesting employees over stoppage of contentious overtime payment. In a statement, Oil and Natural Gas Corporation (ONGC) emphasised that it is hiring locally and is investing heavily in the local community in Assam. Reacting to a a sit-in by members of the ONGC Purbanchal Employees' Association (OPEA) at the Assam Asset in Nazira, the company said the demonstration, while peaceful, has been primarily initiated as a protest against discontinuation of a particular overtime payment, "which was not admissible". by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo "The company is losing money while continuing its operations at Assam for the last few years; one of the reasons being low production and high manpower," it said. It went on to state that the claim of the Union with respect to medical facilities being stopped was "factually incorrect". Live Events "The change from direct credit to reimbursement mode has been introduced to curb misuse and malpractice related to a unique welfare facility the company provides to its in-service as well as to its former employees," it said. Despite financial pressures linked to rising production costs in the Assam Asset, ONGC said it continues to maintain a significant presence in the region. The company reiterated "its commitment to Assam through a wide range of Corporate Social Responsibility (CSR) initiatives. These include sustained investment in education, healthcare, infrastructure, and skill development. The Siu-Ka-Pha Hospital at Sivasagar is one such flagship project providing healthcare to the locals." While the current changes may cause short-term friction, they are aimed at ensuring long-term sustainability for ONGC's operations in Assam. The situation remains stable, with dialogue channels open between management and employee representatives.
