State-owned ONGC, valued at around Rs 3.10 lakh crore, now trails food delivery firm Zomato despite its stakes in subsidiaries and minority investments accounting for over a third of its market capitalisation, indicating India's largest oil and gas producer is potentially undervalued. At the close of trading on Friday, Oil and Natural Gas Corporation (ONGC) had a market value of Rs 3.097 lakh crore, lower than Rs 3.36 lakh crore of Eternal Ltd (formerly known as Zomato), Hindustan Aeronautics Ltd (Rs 3.23 lakh crore) and Titan Company (Rs 3.13 lakh crore), according to BSE data. ONGC was India's most valuable company with a market capitalisation of Rs 2.44 lakh crore in 2012, ahead of IT giant TCS and energy major Reliance Industries. While ONGC's market capitalisation rose by just 26 per cent over the past 13 years, other listed firms have seen quantum jumps. Reliance has seen its valuation soar from Rs 2.43 lakh crore in July 2012 to Rs 18.7 lakh crore at Friday's close. Tata...

Number of FII/FPI investors decreased from 796 to 769 in Sep 2025 qtr

Oil And Natural Gas Corporation Ltd.

09 Oct 2025

257.55

0.85%

ONGC likey to provide first guarantee in 15 years for unit's bond sale

Business Standard

ONGC Petro Additions Ltd (OPAL), in which ONGC owns more than 95% stake, is looking to raise 50 billion rupees ($563.22 million) through a multiple-tranche bond sale, they said

Number of FII/FPI investors decreased from 796 to 769 in Sep 2025 qtr

ONGC to provide first guarantee in 15 years for unit's bond sale

Business Line | 09 Oct 2025

Oil And Natural Gas Corporation Ltd.

06 Oct 2025

257.55

0.85%

ONGC to invest 8,110 cr to develop onshore wells in Andhra, gets EAC nod

Business Standard

Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8,110 crore for onshore development and production of oil and gas from 172 wells in eight PML (production mining license) blocks in Andhra Pradesh. A committee under the Ministry of Environment, Forest and Climate Change has recommended Environmental Clearance for the project in a meeting held last month. The estimated project cost is Rs 8110 crore. Capital cost of EMP (Environment Management Plan) would be Rs. 172 crore and recurring cost for EMP would be Rs. 91.16 Crores per annum. Industry proposes to allocate Rs. 11 crores for commitments made in Public Hearing, Expert Appraisal Committee said in the minutes of the meeting. While recommending the EC, the committee directed the ONGC to comply with all the environmental protection measures and safeguards proposed in the documents submitted to the Ministry. All the recommendations made in the EIA/EMP in respect of environmental management, and risk mitigation measu

Oil And Natural Gas Corporation Ltd. is trading above all available SMAs

Oil And Natural Gas Corporation Ltd.

30 Sep 2025

257.55

0.85%

Gas price for Reliance-bp cut by 3%, domestic rates remain unchanged

Business Line

Two different formulas govern rates paid for gas produced from legacy or old fields of national oil companies like ONGC and OIL, and for newer fields lying in difficult-to-tap areas like deepsea

Number of FII/FPI investors decreased from 796 to 769 in Sep 2025 qtr

Oil And Natural Gas Corporation Ltd.

25 Sep 2025

257.55

0.85%

ONGC, OIL, BP's stratigraphic drilling campaign faces cost overruns

Business Line

The plan is to dig stratigraphic test wells along the offshore in Bengal, Saurashtra, Mahanadi and Andamans: Sources

Number of FII/FPI investors decreased from 796 to 769 in Sep 2025 qtr

Oil And Natural Gas Corporation Ltd.

22 Sep 2025

257.55

0.85%

Govt denies extension of PSC for oil & gas field in Cambay basin

Business Line

ONGC holds 50 per cent stake in the block, followed by Cairn (40 per cent) and Tata Petrodyne (10 per cent)

Oil And Natural Gas Corporation Ltd. is trading above all available SMAs

Oil And Natural Gas Corporation Ltd.

21 Sep 2025

257.55

0.85%

ONGC, OIL aim to launch 3,200 cr stratigraphic drilling campaign next year

Business Standard

State-run oil explorers ONGC and Oil India Ltd are planning to begin a Rs 3,200 crore stratigraphic drilling campaign in untapped offshore areas early next year, as part of efforts to discover new hydrocarbon reserves and cut reliance on imports, officials said. In the first phase, four wells will be drilled in deepsea of Andaman, Mahanadi, Saurashtra and Bengal sedimentary basins. Global energy giant BP will provide technical expertise in identifying the locations as well as drilling, officials said. Stratigraphic drilling - also known as a stratigraphic test well - is a type of exploratory drilling aimed at studying underground geological formations rather than producing oil or gas. These wells are drilled to gather data on subsurface layers through continuous coring, petrophysical logging, and seismic data integration. The objective is to build a detailed geological profile to support future hydrocarbon exploration, without any immediate intent to extract resources. This will he

Oil And Natural Gas .. has an average target of 289.60 from 5 brokers.

ONGC, OIL aim to launch 3,200 cr stratigraphic drilling campaign next year

Business Line | 21 Sep 2025

Oil And Natural Gas Corporation Ltd.

16 Sep 2025

257.55

0.85%

Attractive valuations cap downside for ONGC and Oil India shares

Business Standard

Despite weak crude prices and policy risks, ONGC and Oil India trade at steep discounts to global peers, with growth projects and NWG premiumisation offering upside potential

Oil And Natural Gas Corporation Ltd. is trading above all available SMAs

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