May 29, 2018 / 4:57 AM / 25 days ago

BUZZ-Oil India rises; beats Street on Q4

** State-run oil and gas explorer Oil India Ltd rises as much as 5.6 pct to 232.50 rupees

** Co posts higher-than-expected Q4 profit of 8.67 bln rupees ($128.05 mln), compared with a profit of 193.1 mln rupees a year earlier, due to higher crude realisations

** Crude oil price realisation increased to $64.93 per barrel from $52.50 per barrel in the same period last year

** Analysts on average had expected a profit of 8.27 bln rupees - Thomson Reuters data

** Stock posts biggest intraday pct rise in over eight weeks

** Stock down 11.1 pct this year as of Monday’s close ($1 = 67.7100 Indian rupees)

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