ONGC has selected BP's subsidiary for technical services to enhance production from its Mumbai High offshore fields, aiming to increase oil and gas production by up to 60% over 10 years. This move comes as ONGC focuses on unlocking new hydrocarbon resources and enhancing recovery from mature fields.
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📌Jindal Worldwide shares soared 5% to a record high after announcing a 4:1 bonus share issue, where investors holding one share will receive four new shares, effective March 6, 2025, boosting the company's paid-up📌 capital to Rs 100.26 crore. The bonus equity shares will be issued out of free reserves and/or the securities premium account available as at 31st March, 2024,.
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📌 Borosil Renewables' shares surged to a 5% upper circuit for a second consecutive day after promoter Kiran Kheruka increased his stake in the company, buying 96,000 shares worth Rs 5.4 crore, boosting his holding to 3.64%. This move is seen as a positive sign, reflecting confidence in the company's growth prospects.
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