ONGC Share Price Live Updates: ONGC closes at Rs 244.24
26 May 2025 | 08:42:45 AM IST Discover the ONGC Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of ONGC with the latest details, including: Last traded price 244.24, Market capitalization: 307260.74, Volume: 8725218, Price-to-earnings ratio 8.5, Earnings per share 28.74. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of ONGC's performance. Stay informed about breaking news that can sway ONGC's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of ONGC. The data points are updated as on 08:42:45 AM IST, 26 May 2025 Show more
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ONGC Share Price Live Updates: ONGC's performance remains stable with a beta of 1.0172
06 Jun 2025 | 08:44:36 AM IST Discover the ONGC Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of ONGC with the latest details, including: Last traded price 237.77, Market capitalization: 299121.3, Volume: 8941808, Price-to-earnings ratio 8.27, Earnings per share 28.74. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of ONGC's performance. Stay informed about breaking news that can sway ONGC's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of ONGC. The data points are updated as on 08:44:36 AM IST, 06 Jun 2025 Show more
The Print
2 days ago
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ONGC says losing money in Assam, counters protesting employees
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'. 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. Nazira (Assam), Jun 3 (PTI) 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. '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. PTI ANZ DRR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
3 days 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.
