Thursday 21 July 2016

Cairn India gains ahead of the results

The Board of Directors of the Company will be held on July 21, 2016, inter alia, to consider the unaudited financial results of the Company for the quarter ended June 30, 2016 (Q1).

Cairn India Ltd stock was up by 1% at Rs. 176 ahead of the results.The Board of Directors of the Company will be held on July 21, 2016, inter alia, to consider the unaudited financial results of the company for the quarter ended June 30, 2016 (Q1).

The scrip opened at Rs. 177.4 and has touched a high and low of Rs. 177.7 and Rs. 175.4 respectively. So far 698270(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 32931.96 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 184.2 on 23-Jul-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. 177.7 and Rs. 164.05 respectively.

The promoters holding in the company stood at 59.88 % while Institutions and Non-Institutions held 25.88 % and 14.23 % respectively.


The stock is currently trading above its 50 DMA.

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