With crude around USD 60/bbTarun Lakhotia, oil and gas analyst, Kotak Institutional Equities expects FY16 EPS for ONGC to be around Rs 33 and that of Oil India around Rs 63.
Amit Rustagi, Oil & Gas Analyst from Antique Stock Broking, in an interview with CNBC-TV18’s Mitali Mukherjee and Udayan Mukherjee, shared his views on whether the government should have a re-look on the subsidy sharing mechanism and will it impact most of the oil manufacturing companies (OMCs).