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ONGC gains 1% ahead of March quarter earnings; here's what to expect

Earlier this month, the state-run company said it was looking at opportunities for optimising its capital and operational expenditures.

ONGC
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Net sales are estimated at Rs 20,952.2 crore, down 21.7 per cent YoY and 11.6 per cent QoQ, according to Kotak Institutional Equities.

Swati Verma New Delhi
Shares of Oil and Natural Gas Corporation (ONGC) rose 1 per cent in the morning deals on the BSE on Tuesday ahead of its March quarter results due later in the day. 

At 10:06 am, the stock was up 0.6 per cent at Rs 82.8 on the BSE. In comparison, the S&P BSE Oil & Gas index was trading flat while the benchmark S&P BSE Sensex was up 0.48 per cent at 35,129 levels. 

Earlier this month, the state-run company said it was looking at opportunities for optimising its capital and operational expenditures as the coronavirus pandemic has impacted the