Oil and Gas Development Company Limited (OGDC) touched a new record level in trading, reaching Rs337.20 per share during intraday activity.

At the time of reporting, the stock was up Rs3.16, or 0.95%, reflecting continued buying interest in the energy sector.

Market analysts linked the upward trend to an improvement in production outlook and renewed activity in oil and gas exploration stocks. OGDC, a major player in Pakistan’s upstream energy sector, continues to attract investor attention due to its scale and operational significance.

The latest gain comes amid relatively improved sentiment in the energy segment, where selective stocks have shown strength on expectations of production stability and sector recovery.