The stock gained to a higher of Rs 262 and is now up 1. 3% from Rs 260. In the process, the stock has recovered 122% from its 52-week reduced of Rs 227 which it touched in mid July this season. Around 1. 9 lakh shares have been traded about the BSE so far.
The government will offer up in order to 426. 77 million shares in state-run explorer Oil and Gas Corp (ONGC) in a deal valued at about Rs 11, 000 crore ($2. 4 billion) at market prices. According to Reuters report, the transaction is likely to be priced on September 27.