ONGC

June 25, 2024 11:44 AM

Indian stock market opens higher; Bank Nifty at all-time high

Indian benchmark indices opened higher on Tuesday, with the Sensex starting at 77,507.32, up 166.24 points, and the Nifty rising by 41.55 points to reach 23,579.40. Among the Nifty companies, 44 stocks gained while 5 declined in early trade. The Bank Nifty index surged over 200 points to hit a new all-time high. Sectoral indices such as banks, auto, financial services, media, metal, and pharma saw gains, while FMCG, IT, and realty sectors opened in the red. Nifty's top losers were BPCL, ONGC,...

ONGC reports highest-ever standalone profit in FY24

ONGC reported its highest-ever standalone net profit of Rs 40,526 crore in FY24 on Monday. In a stock exchange filing, ONGC announced that its consolidated net profit for FY24 reached an all-time high of Rs 57,101 crore, positioning itself as a frontrunner in the energy sector. The company's crude oil production also witnessed a surge of 2.4 percent on a quarterly basis, reaching 5.359 million metric tonnes (MMT) in the fourth quarter of FY24. However, ONGC's standalone gross revenue declined ...