Lack of clarity on subsidy-sharing mechanism has forced public sector oil company ONGC to defer its board meet by two days.
Lack of clarity on subsidy-sharing mechanism has forced public sector oil company ONGC to defer its board meet by two days.
The company has informed BSE that due to unavoidable circumstances it has rescheduled its board meet on third quarterly results, slated on February 12, to February 14.
"The meeting of the board of directors of the company, which was scheduled to be held on February 12, 2015, inter alia, to consider and approve the un-audited financial results for the third quarter and nine months ended December 31, 2014, has been re-scheduled due to unavoidable circumstances and will now be held on February 14, 2015," the company said.
ONGC stock price
On February 12, 2015, at 09:19 hrs Oil and Natural Gas Corporation was quoting at Rs 346.25, up Rs 0.65, or 0.19 percent. The 52-week high of the share was Rs 472.00 and the 52-week low was Rs 271.15.
The company's trailing 12-month (TTM) EPS was at Rs 26.00 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 13.32. The latest book value of the company is Rs 159.81 per share. At current value, the price-to-book value of the company is 2.17.
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