Higher Oil Prices Didn’t Help ONGC Stock. Here’s Why

Higher Oil Prices Didn’t Help ONGC Stock. Here’s Why
Oil and Natural Gas Corporation Ltd. should benefit from rising crude prices. But that doesn’t reflect in its stock’s performance as India’s largest oil explorer has had the worst first half in a decade, reports BloombergQuint’s Soumeet Sarkar.
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Higher Oil Prices Didn’t Help ONGC Stock. Here’s Why