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ONGC Shares Fall Over 3% After Fire Breaks Out At Its Plant

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The blaze erupted around 7 am in the gas processing plant of the ONGC.Oil - Natural Gas Corporation or ONGC shares fell over 3 per cent on Tuesday after a fire broke out at its oil and gas processing plant near Navi Mumbai.
The blaze erupted around 7 am in the gas processing plant of the ONGC located in Uran area of neighbouring Navi Mumbai, killing two people, an official was quoted as saying by news agency Press Trust of India (PTI)."The fire is being contained.
No impact on oil processing.
Gas diverted to Hazira Plant.
Situation is being assessed," the oil explorer said in a tweet.Several fire brigade teams were rushed to the spot, an official said, adding that rescue operation was underway.On the Bombay Stock Exchange (BSE), ONGC shares fell as much as 3.05 per cent to an intraday low of Rs 117.50 apiece.On the National Stock Exchange (NSE), ONGC sharesopened lower at Rs 120.50 apiece and dropped to as much as Rs 117.40 apiece, marking a decrease of 3.13 per cent.At 10:02 am, ONGC shares traded 2.19 per cent lower at Rs 118.55 apiece on the BSE, underperforming the benchmark Sensex index which was down 0.83 per cent.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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How REITs are redefining wealth creation for India's middle class

These 10 penny stocks have risen as much as 75% in just 1 month - Performance Tracker

Natural gas in 2025: Navigating a tightrope of supply, demand, and geopolitics

Time to book revenues Anand James recommends offer on rise strategy for IT stocks

[Business] - Why company cycle funds are all-season investment plans for unstable markets

HCL Tech Q1 preview: Street expects muted sequential show amid seasonal softness. 5 key things to check

After the storm on July 10, eyes now on July 15-- the next high alert!Indian markets fell 1.2%amid worldwide jitters and profit reservation. July 10 marked a trend reversal as forecasted, with essential support and resistance levels holding precisely. The

Q1 profits: Motilal Oswal selects ICICI Bank among 22 stocks as leading bets across large, mid, smallcaps - A volatile start to 2025

Mcap of eight of top-10 firms wears down by Rs 2.07 lakh cr; TCS, Airtel greatest laggards

Jane St impact: Are mysterious price moves in Nifty 50 options sign of market manipulation

Q1 profits, FII activity amongst 7 factors that may impact D-Street action today

Foreign Portfolio Investors: FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone

Nvidia CEO Jensen Huang offers shares worth $36 million, net worth nears Buffett

Reliance Infrastructure prepares fundraising effort through equity, debt instruments

[Business] - TCS, Bharti Airtel, among 78 stocks approaching record dates for dividends, reward issue, stock splits - Key business actions

Warren Buffett's hidden quantum play: Berkshire Hathaway's bet on Alphabet and Microsoft's next big frontier

Concurrent Gainers: 12 smallcap stocks that gained for 5 days in a row - Consistent Performers

Indian investors show resilience amid volatility; Nvidia, Tesla emerge as top stock picks - Conviction over noise

Motilal Oswal sees 15–20% upside in L&T and BEL amid strong sector tailwinds

12 SME IPOs delivered multibagger returns in CY25 - Do you own any

Hunting for value stocks Jefferies has 11 stock ideas. Check full list - Value Bets

[Business] - the golden thumbrule: The Golden Thumbrule: 'Your Smartest Move Yet' to develop wealth, starts Tuesday, July 15 at 9 AM - TheIndianSubcontinent Video

Small Steps, Big Returns: How Retail Investors Can Build Wealth in Today's Market

The two-engine problem: How valuation and earnings are pulling markets apart

These 12 Nifty microcap stocks can rally 50-140% in the next 12 months - Top Performers

5 world market styles for the week ahead

Wall Street Week Ahead: Earnings, inflation information face durable United States stocks rally

Fed's Goolsbee: Need to wait until anxiety recedes to feel comfortable about outlook

Investors anxiously await next steps on trade between US and EU

Battle-hardened Wall Street bulls are proving really difficult to frighten

Jane Street: Jane Street India ban threatens 900% rally for Asia's earliest stock exchange

GTPL Hathway: GTPL Hathway Q1 net revenue drops 27% to 10.5 crore

US Stocks: S&P 500 ends down as tariffs sour sentiment

[Business] - Housing financing business: HFCs may log modest Q1 development, but rate cut to weigh on margins

Glenmark Pharmaceuticals stocks: Glenmark surges 20% after major drug licensing deal with AbbVie

RBI: RBI's 7-day VRRR auction undersubscribed as banks favor lending in overnight market

Hindustan Unilever: Analysts pin HUL's revival hopes on CEO Priya Nair

Religare Enterprises: Religare to raise Rs 1,500 crore from Burman Family and select investors

Public sector banks rise to 43% market share in home loans, overtaking personal loan providers

Religare board approves fund raise worth Rs 1,500 cr; Burman household to infuse Rs 750 cr

BEML board to meet on July 21 to think about stock split

[Business] - ET Market Watch: TCS revenues, Sebi crackdown amongst 4 reasons why markets tanked

Reliance Infra gets 3-notch scores increase from India Ratings on near-zero debt

US stocks open lower as Trump hits Canada with fresh tariffs

Bank Q1 credit development at 9.5%, most likely to get

DMart Q1 Results: Profit increases 2% YoY to Rs 830 crore, income up 16%

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Category: Business