HSIE Results Daily: Cummins, Oil India, Phoenix Mills, Emami
Cummins: Cummins India Ltd (CIL) delivered a positive surprise with quarterly revenue/EBITDA/PAT at INR 19.2/3.3/3.2bn, beating our estimates by 7...
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HSIE Results Daily: Mahindra & Mahindra, Ashok Leyland, Oil India, AGS Transact
Mahindra & Mahindra: Mahindra & Mahindra’s Q2 adjusted PAT, at INR 23.4bn, came in above our estimate of INR 19.5bn, primarily due to higher-than...
211 Views
Indian Oil and Gas Sector - Subsidy Overhang to Reduce
Reliance Industries (RIL), ONGC and Oil India (OIL) stocks declined 7-15% on 1st Jul-22 as investors took a dim view of the new levies applied on...
219 Views
Oil India - Lower Dry Wells and DD&A Drive PAT Beat; Production Grows
Q4FY22 S/A revenue/EBITDA/APAT of Rs44.8bn/Rs19.6bn/Rs16.3bn beat our estimates by 2%/10%/16%. EBITDA beat was led by Rs185mn of negative dry well...
275 Views
Indian Oil and Gas – Upstream: Further upside to gas realisation
Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) have outperformed the Sensex by 74/42% over the last twelve months, as Brent crude...
229 Views