Oil for delivery in September traded higher by 0.24%
The MSP is expected to be around 1,420-1,450 per quintal
Traders create fresh positions on positive sentiment
Seek overseas buyer arrangements, port & container facilities and financial backing to compete with exporters from other states
The stock dipped 7% to Rs 166 after reporting 7% yoy decline in net profit at Rs 40 crore for the quarter ended June 2014.