ONGC Moves Up

Today in the market ONGC has move up by an 5.5% to get to the point of Rs913. When the reports are released that, The Company is thinking to surrender the Barmer-Sanchor coal bed methane block which be jointly holds with the Gujarat State Petroleum Corporation

According to news and resources that after to a drop in block now they were ready to surrendered the blocks in the respective state. The share has touched an intra - day high of 918rs and low of 871rs.The volume are also recovered as over 16,00,000 shares on of ONGC has shift ther hands in nse.