Latest news with #OilAndNaturalGasCorp
Bloomberg
22-05-2025
- Business
- Bloomberg
Top Indian Oil Producer's Quarterly Earnings Miss Estimates
State-run Oil and Natural Gas Corp.'s quarterly profit missed estimates as crude oil prices slumped and production from aging fields remained subdued. The New Delhi-based explorer's net income declined 35% on year in the three months ended March 31 to 64.5 billion rupees ($753 million), according to a stock exchange filing. A Bloomberg survey of analysts had estimated an average profit of 85.03 billion rupees.
Bloomberg
21-05-2025
- Business
- Bloomberg
Indian Equity Capital Market Action Resumes Amid Tariff Uncertainty
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Local stocks are likely to open flat this morning, tracking the sluggish trend in global equities. Concerns over high valuations persist, making investors cautious about chasing prices. The earnings season is ongoing, with key announcements due from Oil and Natural Gas Corp., IndusInd Bank and Interglobe Aviation.
