{"id":271031,"date":"2019-04-25T04:55:09","date_gmt":"2019-04-25T04:55:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271031"},"modified":"2019-04-25T05:07:23","modified_gmt":"2019-04-25T05:07:23","slug":"ongc-hits-6-month-high-on-hopes-of-strong-march-quarter-earnings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-hits-6-month-high-on-hopes-of-strong-march-quarter-earnings\/","title":{"rendered":"ONGC hits 6-month high on hopes of strong March quarter earnings"},"content":{"rendered":"<p>Shares of Oil and Natural Gas Corporation (ONGC) hit a 6-month high of Rs 170, up 4 per cent, in intra-day trade on Wednesday, extending its previous day\u2019s 4 per cent gain on the BSE on the expectations of strong earnings in the January-March quarter (Q4FY19). <\/p>\n<p>The stock was trading at its highest level since October 4, 2018. The trading volumes on the counter more than doubled with a combined 11.7 million equity shares changing hands on the NSE and BSE till 10:54 am. <\/p>\n<p>For the first nine months (April-December) of FY19, the company had posted 62 per cent year-on-year (YoY) jump in net profit at Rs 22,671 crore. The stock had underperformed the market in FY19, sliding 10 per cent, as compared to a 17 per cent rally in the benchmark S&amp;P BSE Sensex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Oil and Natural Gas Corporation (ONGC) hit a 6-month high of Rs 170, up 4 per cent, in intra-day trade on Wednesday, extending its previous day\u2019s 4 per cent gain on the BSE on the expectations of strong earnings in the January-March quarter (Q4FY19). The stock was trading at its highest level since October 4, 2018. The trading volumes on the counter more than doubled with a combined 11.7 million equity shares changing hands on the NSE and BSE till 10:54 am. For the first nine months (April-December) of FY19, the company had posted 62 per cent year-on-year [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-271031","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271031"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271031\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}