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ONGC Q2 numbers match expectations: IIFL

  • 6:30
  • Published On: October 29, 2010
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Prayesh Jain, AVP-Research India Private Client, IIFL (India Infoline Group), says ONGC revenues were in line with estimates but its profits were disappointing. In terms of natural gas revenues, he says ONGC is in decline mode. Overall its Q2 numbers were not disappointing and so operationally company has delivered well, he adds.
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