Oil & Natural Gas Corpn Ltd drops for fifth straight session

The stock is quoting at Rs 139, down 1.14% on the day as on 13:19 IST on the NSE. Oil & Natural Gas Corpn Ltd tumbled 22.63% in last one year as compared to a 7.26% rally in NIFTY and a 2.42% spurt in the Nifty Energy index.

Oil & Natural Gas Corpn Ltd fell for a fifth straight session today. The stock is quoting at 139, down 1.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 10856.7. The Sensex is at 36133.5, down 0.1%.Oil & Natural Gas Corpn Ltd has eased around 9.3% in last one month. Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has increased around 3.82% in last one month and is currently quoting at 14367.9, down 0.62% on the day. The volume in the stock stood at 109.78 lakh shares today, compared to the daily average of 83.2 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 138.7, down 1.6% on the day. Oil & Natural Gas Corpn Ltd tumbled 22.63% in last one year as compared to a 7.26% rally in NIFTY and a 2.42% spurt in the Nifty Energy index.

The PE of the stock is 7.13 based on TTM earnings ending September 18.