Cairn India shares fall after earnings lag estimates
Reuters Market Eye - Shares in Cairn India(CAIL.NS) fall 1.7 percent in after its Jan-march earnings lag estimates, dealers say.
Cairn India on Monday said its Jan-March net profit rose 17.1 percent to 25.64 billion rupees versus 21.86 billion rupees in the same quarter last year.
Production of 175000 barrels of oil per day from Rajasthan oil field however removes some investor apprehensions, dealers add.
(Reporting by Abhishek Vishnoi)
- Tweet this
- Share this
- Digg this
This business of notes is livelihood for hundreds in Old Delhi, with vendors charging a fee of up to 20 percent to replace damaged banknotes. A mildly damaged 500 rupee note, for instance, can be exchanged for 480 rupees, while a bundle of crisp, new 10 rupee notes valued at 1,000 rupees is priced at 1,050 rupees. Full Article