ONGC: Most Valuable PSU | business | Hindustan Times
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ONGC: Most Valuable PSU

business Updated: Mar 07, 2011 21:33 IST

A leading business daily in its latest listing of top 500 Companies of the year 2010-11 has placed ONGC, second on composite overall ranking amongst all companies in India. ONGC also maintains its position as most valuable PSU of the country.

Quoting CMD, ONGC A.K. Hazarika, Financial Express underlines that ONGC's growth trajectory has defied all kinds of negative factors. When the whole world was reeling under an unprecedented recession during 2009, the net worth of ONGC had increased by 18.3%. ONGC continues to lead the domestic exploration campaign as it raises its profile in downstream businesses as well.