ONGC approves bids for USD 1.31bn orders, stock up
July 30th, 2009
Oil and Natural Gas Corporation, ONGC touched an intra day high of Rs 1,111.10 and an intra day low of Rs 1,085. At 11:52 am, the share was quoting at Rs 1,109.70, up Rs 11.50, or 1.05%.
The company has approved bids for USD 1.31 billion drilling Eq orders. L&T has emerged as a lowest bidder for one part of ONGC order: Valentine Maritime Consortium has bgged other parts of ONGC order, quoting sources, reports CNBC-TV18.
It was trading with volumes of 138,630 shares. Yesterday the share closed down 0.37% or Rs 4.10 at Rs 1,098.20.