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Oil & Natural Gas Corpn Ltd sees sustained buying support

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Capital Market
Last Updated : Dec 07 2020 | 1:50 PM IST

Oil & Natural Gas Corpn Ltd is quoting at Rs 91.45, up 1.78% on the day as on 12:44 IST on the NSE. The stock is down 27.59% in last one year as compared to a 11.67% spurt in NIFTY and a 6.65% spurt in the Nifty Energy.

Oil & Natural Gas Corpn Ltd gained for a fifth straight session today. The stock is quoting at Rs 91.45, up 1.78% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 13330.05. The Sensex is at 45332.4, up 0.56%. Oil & Natural Gas Corpn Ltd has risen around 33.6% in last one month.

Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has risen around 9.81% in last one month and is currently quoting at 16923.55, up 0.52% on the day. The volume in the stock stood at 321.41 lakh shares today, compared to the daily average of 321.08 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 91.9, up 2% on the day. Oil & Natural Gas Corpn Ltd is down 27.59% in last one year as compared to a 11.67% spurt in NIFTY and a 6.65% spurt in the Nifty Energy index.

The PE of the stock is 12.14 based on TTM earnings ending September 20.

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First Published: Dec 07 2020 | 1:00 PM IST

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