Shares of ONGC have advanced by 5% to Rs804 after reports stated that the company plans to set up a crude desalter plant in Mehsana, similar to its existing facility in Nawagam at an estimated cost of Rs1.5-2bn. The scrip touched an intra-day high of Rs814 and a low of Rs763 and recorded volumes of over 1.7mn shares on BSE.
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