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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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Mumbai: Dharmendra Pradhan meets kin of chopper crash

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01/13/2018 | 07:11pm CEST

Mumbai (Maharashtra) [India], Jan 13 (ANI): Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Saturday met the family of an Oil and Natural Gas Corporation (ONGC) employee, who lost his life in the helicopter crash earlier on Saturday.

Earlier in the day, Pradhan said he would discuss the crash with Defence Minister Nirmala Sitharaman.

"The Indian Navy and the Indian Coast Guard are on their job. I am also going to Mumbai to coordinate things. I will discuss it with Defence Minister Nirmala Sitharaman. She is also cooperating and has instructed the Navy and the Coast Guard to look into the issue extensively," Pradhan said.

A total of seven people were on-board in the Pawan Hans Dauphin N2 that crashed and total of four bodies have been recovered so far.

Meanwhile, the Indian Coast Guard (ICG) has identified two of the bodies to be of ONGC employees.

In total, there were seven people, including five ONGC employees, which crashed off the Mumbai coast.

The ONGC, along with the ICG and the Indian Navy, has pressed its helicopter and speedboats for search operations.

The helicopter, which took off from Juhu at 10.20 am, was scheduled to land at ONGC's North Field oil rig at 10.58 am.

The last contact with the Air Traffic Control (ATC) was made at about 10.30 am, 30 nautical miles off Mumbai.

The cause behind the tragic incident is still unknown. (ANI)

(c) 2018 2017 aninews.in All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (INR)
Sales 2019 1 752 B
EBIT 2019 464 B
Net income 2019 314 B
Debt 2019 677 B
Yield 2019 4,65%
P/E ratio 2019 7,31
P/E ratio 2020 7,02
EV / Sales 2019 1,68x
EV / Sales 2020 1,69x
Capitalization 2 271 B
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 225  INR
Spread / Average Target 27%
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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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