Tuesday 16 February 2016

Cairn India, ONGC clock gains on rise in crude oil prices

International crude oil prices jumped amid speculation that some of the world’s biggest crude producers will cooperate toward reducing output.


Cairn India Ltd is up 3% to Rs.128.05; Oil and Natural Gas Corp rose 2% to Rs.204 after international crude oil prices jumped amid speculation that some of the world’s biggest crude producers will cooperate to reduce output.

Cairn India Ltd is currently trading at Rs. 127.3, up by Rs. 2.45 or 1.96% from its previous closing of Rs. 124.85 on the BSE.

The scrip opened at Rs. 129.25 and has touched a high and low of Rs. 129.7 and Rs. 126.05 respectively. So far 1830367(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 23407.66 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.5 on 16-Feb-2015 and a 52 week low of Rs. 106.6 on 19-Jan-2016. Last one week high and low of the scrip stood at Rs. 127.1 and Rs. 111.2 respectively.

The promoters holding in the company stood at 59.88 % while Institutions and Non-Institutions held 26.15 % and 13.97 % respectively.

The stock is currently trading below its 200 DMA.

Oil & Natural Gas Corpn Ltd is currently trading at Rs. 204.3, up by Rs. 4.4 or 2.2% from its previous closing of Rs. 199.9 on the BSE.

The scrip opened at Rs. 205.9 and has touched a high and low of Rs. 206.1 and Rs. 203 respectively. So far 1365874(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 171024.25 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 344.9 on 16-Feb-2015 and a 52 week low of Rs. 188 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 219.5 and Rs. 188 respectively.

The promoters holding in the company stood at 68.93 % while Institutions and Non-Institutions held 17.49 % and 13.57 % respectively.

The stock is currently trading above its 200 DMA.

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