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ONGC gains 1% ahead of March quarter earnings; here's what to expect

Earlier this month, the state-run company said it was looking at opportunities for optimising its capital and operational expenditures.

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Net sales are estimated at Rs 20,952.2 crore, down 21.7 per cent YoY and 11.6 per cent QoQ, according to Kotak Institutional Equities.

Swati Verma New Delhi

3 min read Last Updated : Jun 30 2020 | 10:46 AM IST

Shares of Oil and Natural Gas Corporation (ONGC) rose 1 per cent in the morning deals on the BSE on Tuesday ahead of its March quarter results due later in the day.

At 10:06 am, the stock was up 0.6 per cent at Rs 82.8 on the BSE. In comparison, the S&P BSE Oil & Gas index was trading flat while the benchmark S&P BSE Sensex was up 0.48 per cent at 35,129 levels.

Earlier this month, the state-run company said it was looking at opportunities for optimising its capital and operational expenditures as the coronavirus pandemic has impacted the

Topics : ONGC India Inc Q4 Buzzing stocks Markets Sensex Nifty Oil prices sink COVID-19

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