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ONGC stock soars on petrol price rise
Shares of Oil and Natural Gas Corp (ONGC), one of the most-valued Indian companies, surged 5.74 per cent on Thursday, thanks to a steep rise in petrol prices. State-owned oil marketing companies (OMCs) on Wednesday raised petrol prices by a record Rs 7.50 a litre, as the losses on selling the fuel below the market price have reached around Rs 2,400 crore so far this financial year. Besides ONGC, shares