The promoters holding in the company stood at 58.76% while Institutions and Non-Institutions held 26.67% and 14.57% respectively.
Cairn India has reportedly hiked daily crude production in Rajasthan by 8% to 190,000 barrels per day (bpd) from 176,000 bpd earlier. The company has increased the production from Aishwarya and Bhagyam fields in Rajasthan.
The company is on track to meet guidance of 215 kbpd for FY14 end. However, it declined to give any comment on production hike.
Cairn India is primarily engaged in the business of oil and gas exploration, production and transportation. Average daily gross operated production was 205,014 boepd in Q3 FY2012-13. The Company sells its oil to major refineries in India and its gas to both PSU and private buyers.
Cairn India has reportedly hiked daily crude production in Rajasthan by 8% to 190,000 barrels per day (bpd) from 176,000 bpd earlier. The company has increased the production from Aishwarya and Bhagyam fields in Rajasthan.
The company is on track to meet guidance of 215 kbpd for FY14 end. However, it declined to give any comment on production hike.
Cairn India is primarily engaged in the business of oil and gas exploration, production and transportation. Average daily gross operated production was 205,014 boepd in Q3 FY2012-13. The Company sells its oil to major refineries in India and its gas to both PSU and private buyers.
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