ONGC shares surge 6% after JV inks shipbuilding deal with Samsung Heavy Industries
We saw a sharp move in ONGC shares on January 28, 2026. The stock climbed about 6% in early trading. Investors priced in a strategic win for the company. The trigger was a new shipbuilding deal inked by an ONGC joint venture with Samsung Heavy Industries. This development has grabbed market attention and boosted hopes for future growth. This surge also comes at a time when broader markets are positive. The Sensex and Nifty are on the upside, lifting many stocks, including energy names.
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