/ Oil And Gas Companies Impress Investors With Their Q3 Earnings ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 13 February 2017


The oil and gas companies have given impressive results for the third quarter ended on December 31, 2016. Following are the top oil and gas companies that have given outstanding results:

Reliance Industries Limited recorded 9.95% increase in its standalone net profit; and 9.26% increase in its revenue for the quarter ended on December 31, 2016. ONGC Ltd., recorded 196% increase in its standalone net profit; and 8.98% increase in its revenue for the quarter ended on December 31, 2016.

IOC Ltd., recorded 30.68% increase in its standalone net profit; and 11.56% increase in its revenue for the quarter ended on December 31, 2016. BPCL Ltd., recorded 52.62% increase in its standalone net profit; and 14.73% increase in its revenue for the quarter ended on December 31, 2016.

Above four companies are witnessing increase in their Open Interest, and decrease in their stock prices, exhibiting short built up position in Monday’s trading session.

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