ONGC Sees Surge in Trading Activity Amid Strong Investor Interest and Performance
Oil & Natural Gas Corporation Ltd. (ONGC) has seen significant trading activity, with over 15 million shares traded and a market capitalization of approximately Rs 3.16 lakh crore. The stock has shown consistent growth, outperforming its sector and demonstrating strong investor interest and liquidity in the market.
Oil & Natural Gas Corporation Ltd. (ONGC) has emerged as one of the most active equities today, showcasing significant trading activity. The stock recorded a total traded volume of 15,358,606 shares, with a total traded value of approximately Rs 38,694.47 lakhs. Opening at Rs 255.55, ONGC experienced a notable intraday high of Rs 255.95, reflecting a gain of 3.26% during the session. The stock's last traded price stands at Rs 250.04, marking a 1.35% increase for the day.In terms of performance, ONGC has outperformed its sector by 2.44% and has shown consistent growth over the past six days, accumulating a total return of 5.44% during this period. The stock opened with a gap up of 3.09%, indicating strong investor interest. Additionally, the delivery volume surged to 1.27 crore shares on June 12, representing a remarkable increase of 136.93% compared to the five-day average.
ONGC's market capitalization is approximately Rs 3,16,041.77 crore, categorizing it as a large-cap company. The stock also boasts a high dividend yield of 5.56% at the current price, and its liquidity remains robust, accommodating trade sizes of Rs 8.02 crore based on 2% of the five-day average traded value. Overall, ONGC's performance today reflects a strong position within the oil industry, characterized by increased trading activity and positive returns.
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