ONGC hikes stake in subsidiary OPaL to 95.69% via ₹4,906-crore rights issue

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ONGC Petro Additions Ltd (OPaL) has a capacity of 1.1 million tonnes per annum (MTPA) of polyethylene, alongside 1,100 KTPA of ethylene and 400 KTPA of propylene.Shares of Oil and Natural Gas Corporation Ltd ended at ₹262.25, up by ₹4.65, or 1.81%, on the BSE.

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