ONGC Shares At Five-Year High On Plan To Set Up Two Petrochemical Plants


Shares of Oil and Natural Gas Corp. rose to their highest level in over five years on Thursday after the company announced an investment of Rs 1 lakh crore to set up two petrochemical plants.”We have plans to invest Rs 1,00,000 crore by 2028 or 2030 in two projects in two separate states,” D Adhikari, chief of joint ventures and business development, said at an investor call on Wednesday on ONGC’s second quarter earnings. “Our plan i…



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