Most valued company in India is Oil and Natural Gas Corporation Limited (ONGC)

Most valued company in India is Oil and Natural Gas Corporation Limited (ONGC)

• Oil and Natural Gas Corporation Limited (ONGC) (NSE: ONGC, BSE: 500312) is an Indian multinational oil and gas company headquartered in Dehradun, India.
• ONGC’s consolidated production to fare better as its IOR/EOR initiatives and marginal fields development bear fruit. Expect 6% CAGR over FY12-15E to 73mtoe
• Market cap of TCS increased to Rs2.39 lakh crore, pushing ONGC to second spot with a market cap of Rs2.37 lakh crore.
• ONGC and Cairn India are likely to outperform, says Sudarshan Sukhani
• The Bombay High Court has directed Oil and Natural Gas Corporation (ONGC) to allow three Essar Group companies to participate in tender process which were earlier barred by the state-owned company.

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