Searched for
ONGC AUCTION
Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...- Price cap loses value as bidders fight for local gasThe gas price cap appeared to have lost its purpose in a recent ONGC auction as too many bidders fought for a small volume of gas with bids...
- 75 small oil & gas fields on auction from April 1The original deadline for submission of bids was August 31, 2021. However, this was postponed to October 29, 2021. The start was again put ...
- Right-pricing an issue, needs a fine balance to make it attractive for investorsGeneral George S Patton once said, "A good plan implemented today is better than a perfect plan implemented tomorrow."
- Government holding in ONGC comes down to 69% following stake saleONGC today said the government's holding in the company has come down by 4.91 per cent to 69.23 per cent following stake sale last week.
- Outcome of ONGC auction tarnished PSU's image: Moody'sRatings agency Moody's today said the result of the government stake auction in ONGC has tarnished the image of the oil major.
- LIC was willing to take whole ONGC issue: Haleem Khan, divestment secretaryONGC auction was aimed at or above the floor price of 290. Nobody, rationally speaking can find a realized price of 303 plus a failure.
- Cash crunch, fear of losses made banks desert ONGCChairmen of two PSU banks said that announcement about ONGC's auction left them with limited options as they had applied for shares of MCX.
- ONGC stake sale nearly flopped thanks to poor execution, not the auction methodThe auction, the first after Sebi issued guidelines for such auctions, is a reminder that when it comes to raising money from the mkt, ther...
- LIC pumped in over Rs 12,000 cr to buy 40 crore ONGC sharesLIC pumped in over Rs 12,000 crore and purchased 95 per cent of the equity put on the block in the first-ever stake sale of ONGC through au...
- Auctioned ONGC scrips averaged Rs 303 a shareThe govt said it received an average price of Rs 303.67 for a share of ONGC, 4.71% higher than reserve price in yesterday's auction, thus g...
- Government to analyse ONGC auction before lining up more companiesWith the ONGC disinvestment barely scraping through, Pranab said the govt has decided to study the auction process before stake sale of oth...
- Investors dump ONGC auction; floor price plays spoilsportAnalysts said that a poor response to the bidding could be attributed to the fact that ONGC shares were trading very close to the offer pri...
- ONGC shares drop below auction floor priceErasing early gains, ONGC shares fell nearly two per cent to Rs 288, below the Rs 290 per share floor price set for stake sale via auction ...
- Investors dump ONGC auction; floor price plays spoilsportErasing early gains, ONGC shares fell nearly two per cent to Rs 288, below the Rs 290 per share floor price set for stake sale via auction ...
- ONGC shares drop below auction floor priceMarket experts believed the counters of ONGC fell mainly on account of poor response from investors. Besides, there were concerns of over-p...
- ONGC auction gets only two-third of target amount Rs 12,000 croreThe auction for sale of govt's 5 per cent stake in ONGC today got bids for 29.22 crore shares worth about Rs 8,500 crore.
- ONGC auction gets bids for Rs 8,500 crore worth sharesThe auction got total bids for 29.22 crore shares, including 19.92 crore on the NSE and about 9.3 crore on the BSE platform.
- ONGC auction gets only two-third of target amount Rs 12,000 croreThe auction for sale of govt's 5 per cent stake in ONGC today got bids for 29.22 crore shares worth about Rs 8,500 crore.
- ONGC auction gets bids for 1.35 crore sharesThe one-day auction for sale of the 5% stake in ONGC gained further momentum by afternoon trade with total bids for about 1.35 crore shares.
Load More- Right-pricing an issue, needs a fine balance to make it attractive for investors
