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Oil & Natural Gas Corporation Limited (ongc) Advances Geothermal Energy Project in Ladakh

ONGC advances its geothermal energy project in Ladakh, reinforcing its commitment to clean energy and technological self-reliance.

jyoti sharma

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Oil & Natural Gas Corporation Limited ONGC Geothermal Project June 2026

Oil & Natural Gas Corporation Limited (ONGC) has made significant progress on its geothermal energy project in Ladakh, underscoring its commitment to clean energy and technological self-reliance. The initiative, a collaboration between ONGC Energy Centre, the UT Administration of Ladakh, and LAHDC-Leh, aims to support Ladakh’s socio-economic development and its goal to become a carbon-neutral region.

National and Regional Significance

The geothermal project holds substantial national and regional importance. It not only supports Ladakh’s aspirations but also strengthens India’s clean-energy portfolio, advances technological self-reliance, and supports the country’s long-term energy security and Net Zero objectives. The project was launched under a renewed five-year collaboration agreement in June 2026.

Key Stakeholders’ Participation

The event was attended by several key officials, including Administrative Secretary Shri Himanshu Gupta, IAS; Secretary to the Hon’ble Lieutenant Governor Ms Shashanka Ala, IAS; Deputy Commissioner, Changthang, Shri Nitish Rajora; and Superintendent of Police, Changthang, Shri Abbas Jaffari. The Hon’ble Lieutenant Governor highlighted the project’s significance and commended the ONGC Energy Centre team for their efforts.

ONGC’s Commitment to Innovation

Representing ONGC, Director (Technology and Field Services) Shri Vikram Saxena emphasized the company’s dedication to innovation, energy security, and a sustainable future for Ladakh and India. The geothermal project is a testament to ONGC’s ongoing efforts to advance renewable energy solutions and contribute to the nation’s energy-security goals.

As the project progresses, ONGC reaffirms its role in driving forward clean energy initiatives that support sustainable development and technological advancement.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Oil & Natural Gas Corporation Limited

Oil & Natural Gas Corporation Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

ONGC
Energy › Oil & Gas Integrated
APPROACHING SUPPORT
64
Fundamental
46
Technical
55
Overall

1W +0.33%
1M -6.25%
3M -10.23%
P/E: 6.4 Cap: Large
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Oil falls 12.9% over three months and has not found a floor yet. Thin margins at 6.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. A 7.50% dividend yield is exceptional — this stock acts like a high-yield bond with equity upside. The stock gains 0.9% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 1.7% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Oil & Natural Gas Corporation Limited.

AEGISLOG

Aegis Logistics Limited (aegislog) Announces Strategic Initiatives for Future Growth

Aegis Logistics Limited (AEGISLOG) reveals strategic initiatives aimed at enhancing future growth and operational efficiency.

Shruti singh - TradeAlone

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Aegis Logistics Limited Aegislog Strategic Initiatives

Aegis Logistics Limited (AEGISLOG) has unveiled a series of strategic initiatives designed to bolster its future growth and operational efficiency. The company aims to leverage its extensive network and innovative solutions to meet the evolving demands of the logistics industry. The strategic initiatives include expanding its service offerings, enhancing technological capabilities, and forging new partnerships to ensure a competitive edge.

Expansion of Service Offerings

The company plans to broaden its service portfolio by introducing new logistics solutions tailored to various sectors. This expansion will enable Aegis Logistics to cater to a wider range of clients and industries, thereby increasing its market reach and revenue potential.

Technological Advancements

AEGISLOG is investing heavily in cutting-edge technology to streamline its operations. The integration of advanced logistics software, data analytics, and automation will enhance operational efficiency and provide clients with real-time tracking and reporting capabilities. These technological advancements are expected to reduce costs and improve service delivery.

Strategic Partnerships

To further its growth objectives, Aegis Logistics is focusing on forming strategic partnerships with key players in the industry. These collaborations will facilitate access to new markets, resources, and expertise, thereby accelerating the company’s expansion plans.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Aegis Logistics Limited

Aegis Logistics Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

AEGISLOG
Energy › Oil & Gas Refining & Marketing
CONSOLIDATING UP
64
Fundamental
88
Technical
77
Overall

1W -1.6%
1M -1.05%
3M +1.3%
P/E: 38.3 Cap: Large
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Aegis holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 1.60 limits the upside. The stock does not come cheap. Revenue contracts at -1.3% CAGR. That signals structural headwinds, not a short-term blip. The stock trades at 88% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises 4.6% in three months on -1.3% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Aegis Logistics Limited.

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ADANIENT

Adani Enterprises Limited (adanient) Signs Mou with Jabil for AI Infrastructure Joint Venture

Adani Enterprises Limited (ADANIENT) announces a 50:50 joint venture with Jabil to build AI infrastructure in India, targeting a $3 trillion global market.

Deputy Editor, Equities for tradealone

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Adani Enterprises Limited Adanient October 2026

Adani Enterprises Limited (AEL) has announced a significant strategic move with the signing of a non-binding Memorandum of Understanding (MoU) with Jabil Inc. for a proposed 50:50 joint venture to manufacture and assemble artificial intelligence (AI) and data centre equipment in India.

Strategic Collaboration

The joint venture aims to serve India’s accelerating data centre demand, with industry forecasts projecting a capacity of 5-8 gigawatts (GW) by 2030. The companies estimate the global market opportunity at more than $3 trillion over the next seven years, as investment in AI compute infrastructure continues to surge.

Manufacturing AI Hardware

The joint venture will manufacture and assemble AI racks, servers, storage, and networking equipment used in data centres. The venture is expected to have multi-gigawatt AI rack manufacturing capacity, supporting computing systems with a combined power capacity of several gigawatts. It will also provide installation and commissioning services.

As a result, the joint venture will provide a manufacturing base in India to serve domestic demand and support exports. The collaboration aligns with Adani Group’s commitment to develop 5 GW of green-energy-powered, hyperscale AI-ready data centres by 2035. For Jabil, which reported $36 billion in revenue in fiscal year 2026, the venture will expand its engineering and manufacturing footprint in India’s data centre market.

Notably, this move underscores Adani Enterprises’ vision to expand up the AI value chain, evolving from powering and hosting AI infrastructure to engineering and manufacturing the critical systems that will define the next generation of computing.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Adani Enterprises Limited

Adani Enterprises Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

ADANIENT
Energy › Thermal Coal
CONSOLIDATING DOWN
58
Fundamental
76
Technical
68
Overall

1W +2.19%
1M -7.81%
3M -14.83%
P/E: 43.4 Cap: Large
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Adani gains 26.6% over three months and trades near its 52-week highs. D/E of 1.62 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. Thin margins at 6.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock trades at 87% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises 26.6% in three months on -7.7% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Adani Enterprises Limited.

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Energy

Gp Petroleums Limited Approves ₹44.27 Crore Minority Investment in Incubit Pipavav Terminal Private Limited

GP Petroleums Limited (GULFPETRO) approves ₹44.27 crore minority investment in Incubit Pipavav Terminal Private Limited, marking entry into logistics infrast.

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Gp Petroleums Limited Gulfpetro October Minority Investment

GP Petroleums Limited (GPPL) today announced that its Board has approved a proposed investment of approximately ₹44.27 crore in Incubit Pipavav Terminal Private Limited (IPTPL). This transaction combines a minority equity stake with management control, marking GPPL’s entry into India’s liquid-storage and terminal logistics sector. The investment aims to broaden GPPL’s business beyond lubricants into strategic infrastructure.

Strategic Move into Logistics

IPTPL’s terminal at Pipavav Port, Gujarat, provides a platform to strengthen supply-chain security and develop storage and handling revenues alongside GPPL’s existing operations. The shares will be acquired from existing IPTPL shareholders, potentially in multiple tranches over one year, funded through GPPL’s internal reserves.

Long-Term Growth Opportunities

Mr. Ayush Goel, Chairman & Managing Director of GP Petroleums Limited, said: “We see Pipavav as the first step towards building a broader logistics infrastructure business alongside our core lubricants operations. Securing management control through a minority investment gives us a platform to connect port infrastructure with hinterland demand and participate in India’s growth. Our aim is to develop recurring storage and terminal income that strengthens the resilience of our cash flows over time. We will evaluate expansion and other opportunities with a focus on disciplined investment and long-term value creation.”

Final consideration remains subject to changes in IPTPL’s share valuation. Completion is subject to the fulfilment or waiver, as applicable, of conditions precedent and relevant statutory and regulatory requirements.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of GP Petroleums Limited

GP Petroleums Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

GULFPETRO
Energy › Oil & Gas Refining & Marketing
BREAKOUT
38
Fundamental
98
Technical
68
Overall

1W +15.44%
1M +16.37%
3M +91.7%
P/E: 8.9 Cap: Small
AI-Powered Analysis • TradeAlone
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GP gains 55.5% over three months and trades near its 52-week highs. The PEG stands at 4.41 — severely stretched. Any earnings miss could trigger a sharp de-rating. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gives back 6.6% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 55.5% in three months. Yet revenue grows at only -6.7% and the PEG stands at 4.41. Either the market prices in a turnaround that has not shown up yet, or this is momentum without substance. Check the next two earnings prints before drawing conclusions. Check Fundamentals of GP Petroleums Limited.

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