A Rebound In Prices Of Fuel Oil Recovery From Cairn India

Meanwhile, the BSE Sensex was up 249.65 points, or 1.51% at 16,751.39.

BSE, 77 000 shares were traded on the counter compared to the average volume of 1.56 shares lakh in the last two weeks NRI demat account.

The stock reached a high of Rs 282.85 and low of Rs 276 so far during the day.

Higher oil prices lead to higher realizations from the sale of crude oil exploration companies like Cairn India. Crude oil rose over Oct. 63 cents, or 0.71% was $ 88.82 a barrel in electronic trading on Nymex in hours Asia today, September 13, 2011.

On Monday, September 12, 2011, crude oil for October delivery settled 55 cents to $ 87.79 a barrel after falling sharply earlier in the day NRI Pan Card.

On a consolidated basis, Cairn India net profit grew by 868.9% 341.7% RS 2726.56 crore has net sales of jet RS 3712.67 crore in Q1 June 2011 on Q1 June 2010.

Cairn India, engaged in oil and gas production and transportation. The company sells its oil to oil and gas refineries in India, as well as running the state and private buyers.


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