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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Oil and Natural Gas Corporation Ltd    ONGC   INE213A01029

OIL AND NATURAL GAS CORPORATION LTD (ONGC)
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Helicopter with 7 on board goes missing in India

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01/13/2018 | 01:41pm CEST

NEW DELHI -- A civilian helicopter with seven people on board went missing on Saturday, minutes after take-off from Juhu Airport in Indian city of Mumbai, officials said.

The Pawan Hans helicopter carrying seven persons, five officials from oil and natural gas corporation (ONGC) and two pilots, took off at 10:20 am local time and lost communication with the air traffic control (ATC) Mumbai after 15 minutes.

"The chopper suddenly lost contact with both the Mumbai ATC and ONGC," an official said.

According to officials, the chopper was thought to be flying around 55 km off the Mumbai shoreline when it lost communication.

The helicopter was flying to the ONGC'sBombay High oilfields, 175 km northwest from Mumbai, the capital of Maharashtra.

"Search for the missing civil helicopter is going on," a spokesman for the Indian navy said.

Pawan Hans Helicopters Limited is a government of India owned company and provides chopper services for off-shore operations, connecting inaccessible areas, VIP transportation, pilgrim services and promotion of tourism.

(c) 2018 2017 China Daily Information Company. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (INR)
Sales 2019 1 805 B
EBIT 2019 477 B
Net income 2019 318 B
Debt 2019 700 B
Yield 2019 4,98%
P/E ratio 2019 6,67
P/E ratio 2020 6,40
EV / Sales 2019 1,52x
EV / Sales 2020 1,57x
Capitalization 2 051 B
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 222  INR
Spread / Average Target 37%
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Managers
NameTitle
Shashi Shanker Chairman & Managing Director
Subhash Kumar CFO, Finance Director & Executive Director
Ajay Kumar Dwivedi Executive Director & Exploration Director
Shireesh Balwant Kedare Independent Director
Kodundhirapully M. Padmanabhan Independent Director
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