Shares of Oil and Natural Gas (ONGC) jumped as much as 9.02 per cent to Rs 129.80 on the BSE in the early trade on Thursday.
At 10:04 AM, the stock was trading 8 per cent higher at Rs 128.60 apiece on the BSE. In comparison, the benchmark S&P BSE Sensex was trading 100 points or 0.27 per cent higher at 36,825.
The stock got a boost after India's foreign secretary said on Wednesday that India and Russia are targeting $30 billion of annual trade by 2025.
"Seeking to boost bilateral trade from its current $11 billion, the two countries