Cairn India Share Price
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Why ONGC Shares Rallied For 4th Session Today
The uptrend in crude oil prices has led investors to bet on upstream oil companies like ONGC. Analysts expect ONGC's margin and profitability to improve in the coming quarter.
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Metal, Oil & Gas Stocks Gain as Commodity Rally Continues
Shares of oil & gas producers such as Cairn India, ONGC, Oil India, Reliance Industries and GAIL India also rose between 1-5 per cent on the back of surge in prices of crude oil in the international markets.
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ONGC, Cairn India Jump as Crude Rebounds
Shares of upstream companies like ONGC, Cairn India and Oil India have been under pressure since last one year after crude oil prices started its downward journey. During the period, ONGC shares have corrected 33 per cent, Cairn India fell 44 per cent while Oil India dropped more than 30 per cent as compared to a nearly 5 per cent drop in the broad...
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Cairn India, ONGC Surge as Crude Posts Biggest Gain in Six Years
Shares of oil and gas producers such as Cairn India, ONGC, Oil India, GAIL India and Reliance Industries rose sharply on Friday after global crude prices posted their biggest single-day gain in six years.
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Cairn India Jumps 13%; CLSA Says 50% Upside Possible
In a note, CLSA said a possible rejection of the merger proposal between Vedanta and Cairn India will lead to a re-rating of Cairn India shares. The brokerage maintained its "buy" rating on Cairn India with a target price of Rs 250 per share, indicating a potential upside of 50 per cent from Wednesday's closing price.
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Cairn India Q4 Net Seen Falling 78%, Shares Falls
International Oil prices have corrected nearly 25 per cent sequentially which is expected to reflect in its revenue.
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Cairn India Shares Fall; Macquarie Downgrades to 'Neutral'
Cairn is the most exposed to crude prices - arguably even among peers in Asia, Macquarie said.
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Nifty Flat After Hitting Record High; Jewellers, Aviation Stocks Soar
Capital goods shares saw selling pressure. State-run BHEL was down over 2 per cent, while L&T traded with 1 per cent losses. Cairn India fell 2 per cent as falling crude oil prices are likely to weigh on its refining margins.
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Cairn India Falls 3% After Brent Crude Drops
Brent was below $86 after Goldman Sachs cut its price forecasts for the contract and for US oil by $15 in the first quarter of next year.
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Energy Producers Want Credible Gas Pricing Policy
The Production Sharing Contracts (PSC) government entered into firm like RIL for exploration and production provides for marketing freedom to contractors for sale of gas within India at arm's length to the benefit of all the parties to the contract.
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ONGC, Cairn India Shares Rise amid Crude Price Spike
Traders pointed out that shares of ONGC and Oil India are pricing in a scenario where 90 per cent of the subsidy burden would be borne by them. However, the expected reforms such as reduction in diesel subsidy could bring down the subsidy burden on these companies.
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Cairn India buyback price at Rs 335, shares fall
The share purchase, which will start in January, will be at a maximum of Rs 335 a share, which is a 3.33 per cent premium to Cairn India's closing price of Rs 324.20. Cairn India said the buyback would result in a maximum reduction of its equity capital by about 8.9 per cent.
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Cairn India jumps 5% on buyback proposal
Shares also gained as Brent crude jumped $2 to end at its highest in more than a month on Thursday, fuelled by a sharp run-up in gasoline and gas oil prices on news of dwindling stocks and refinery glitches in the United States and Europe.
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Cairn India shares rise tracking crude gains, rupee fall
Higher crude oil prices and a weaker rupee helped oil exploration firms such as Cairn India, which sells crude in dollars, analysts said.
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Cairn India net drops 18 per cent to Rs 3,127 crore
Cairn India reported on Wednesday a 18 per cent drop in the April-June quarter net profit as a rise in government's share of oil from its Rajasthan fields and lower prices impacted record oil production.
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Why ONGC Shares Rallied For 4th Session Today
The uptrend in crude oil prices has led investors to bet on upstream oil companies like ONGC. Analysts expect ONGC's margin and profitability to improve in the coming quarter.
-
Metal, Oil & Gas Stocks Gain as Commodity Rally Continues
Shares of oil & gas producers such as Cairn India, ONGC, Oil India, Reliance Industries and GAIL India also rose between 1-5 per cent on the back of surge in prices of crude oil in the international markets.
-
ONGC, Cairn India Jump as Crude Rebounds
Shares of upstream companies like ONGC, Cairn India and Oil India have been under pressure since last one year after crude oil prices started its downward journey. During the period, ONGC shares have corrected 33 per cent, Cairn India fell 44 per cent while Oil India dropped more than 30 per cent as compared to a nearly 5 per cent drop in the broad...
-
Cairn India, ONGC Surge as Crude Posts Biggest Gain in Six Years
Shares of oil and gas producers such as Cairn India, ONGC, Oil India, GAIL India and Reliance Industries rose sharply on Friday after global crude prices posted their biggest single-day gain in six years.
-
Cairn India Jumps 13%; CLSA Says 50% Upside Possible
In a note, CLSA said a possible rejection of the merger proposal between Vedanta and Cairn India will lead to a re-rating of Cairn India shares. The brokerage maintained its "buy" rating on Cairn India with a target price of Rs 250 per share, indicating a potential upside of 50 per cent from Wednesday's closing price.
-
Cairn India Q4 Net Seen Falling 78%, Shares Falls
International Oil prices have corrected nearly 25 per cent sequentially which is expected to reflect in its revenue.
-
Cairn India Shares Fall; Macquarie Downgrades to 'Neutral'
Cairn is the most exposed to crude prices - arguably even among peers in Asia, Macquarie said.
-
Nifty Flat After Hitting Record High; Jewellers, Aviation Stocks Soar
Capital goods shares saw selling pressure. State-run BHEL was down over 2 per cent, while L&T traded with 1 per cent losses. Cairn India fell 2 per cent as falling crude oil prices are likely to weigh on its refining margins.
-
Cairn India Falls 3% After Brent Crude Drops
Brent was below $86 after Goldman Sachs cut its price forecasts for the contract and for US oil by $15 in the first quarter of next year.
-
Energy Producers Want Credible Gas Pricing Policy
The Production Sharing Contracts (PSC) government entered into firm like RIL for exploration and production provides for marketing freedom to contractors for sale of gas within India at arm's length to the benefit of all the parties to the contract.
-
ONGC, Cairn India Shares Rise amid Crude Price Spike
Traders pointed out that shares of ONGC and Oil India are pricing in a scenario where 90 per cent of the subsidy burden would be borne by them. However, the expected reforms such as reduction in diesel subsidy could bring down the subsidy burden on these companies.
-
Cairn India buyback price at Rs 335, shares fall
The share purchase, which will start in January, will be at a maximum of Rs 335 a share, which is a 3.33 per cent premium to Cairn India's closing price of Rs 324.20. Cairn India said the buyback would result in a maximum reduction of its equity capital by about 8.9 per cent.
-
Cairn India jumps 5% on buyback proposal
Shares also gained as Brent crude jumped $2 to end at its highest in more than a month on Thursday, fuelled by a sharp run-up in gasoline and gas oil prices on news of dwindling stocks and refinery glitches in the United States and Europe.
-
Cairn India shares rise tracking crude gains, rupee fall
Higher crude oil prices and a weaker rupee helped oil exploration firms such as Cairn India, which sells crude in dollars, analysts said.
-
Cairn India net drops 18 per cent to Rs 3,127 crore
Cairn India reported on Wednesday a 18 per cent drop in the April-June quarter net profit as a rise in government's share of oil from its Rajasthan fields and lower prices impacted record oil production.
