The share price of Oil and Gas Development Company Limited (PSX: OGDC) on Thursday reached a new record high at the main bourse, currently trading at Rs. 337.20 per share during intra-day activity.
At the time of press, the stock was up Rs. 3.16, or 0.95 percent. Investor interest has so far revived in the energy sector and pushed the OGDC stock even higher.
The upward movement is being attributed to the rebound in production performance and improved sentiment across oil and gas exploration stocks.
OGDC remains one of the largest listed energy companies in Pakistan, playing a key role in domestic oil and gas exploration and production.
The stock’s latest performance comes amid broader stability in the energy sector, with exploration companies seeing selective gains as production trends show signs of recovery and investor confidence improves.
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