$8/mmbtu gas price to add Rs 10,000 crore to ONGC top line: JM Financial
Mehul Thanawala of JM Financial talks about how the C. Rangarajan committee's recommendation of $8/mmbtu vs $4.2/mmbtu price right now will impact upstream oil companies. He puts out his analysis on the earnings of ONGC, OIL India and Reliance Industries if the government accepts the committee's recommendations.
