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 Delhi-headquartered oil and gas company on Wednesday issued a clarification on the fire accident that took place on Monday (September 3) in its Uran processing unit.
“The accident occurred near Demineralized Water Plant (Oily Water Sewage Pit) and CISF security cabin which was outside the main process area. All out efforts were made to control the situation and fire was brought under control within a short span of time with the internal safety provisions aided by MARG (Mutual Aid Resource Group),” the company said in its BSE filing.
