over all good results expected by aban as its wig(aban abrahm) has allready emplloyed in iran as an order of 592 crs given by ongc.earlier company had stated that it will start work from q4 2016.if crude remains 50$ above than all drilling companies can do shallow water drilling so now its above 50
1.29 PM Oct 21st
Today`s flavour... 1. divestment news negative for ONGC... 2. POLITICAL SETBACK KICKOFF TAKING PLACE REGARDING GSPC DEAL. 3.IRAN are pumping highest crude output which will compensate any cut by opec in near term so negative for crude prices. 4.rsi increased to 70< for ONGC AT OVERBOUGHT ZONE
11.15 PM Oct 20th
for retail investor like me, i am looking two big macro factors in favour of mega soft. i.e. market potential/visibility and its sustainability ( big mvno market in india and abroad).many of developing countries like india, iran etc have recently opened up this space and hence visibility
11.38 AM Oct 19th
FE top headline article on how this is positive in this link. How Russia s Rosneft outsmarted Saudi Arabia and Iran to buy Essar s Vadinar refinery A $13 billion deal involving Russia in India threatens to weaken the grip of Middle East crude suppliers in the world s fastest growing oil market.
3.22 PM Oct 17th
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.