|Bid||123.30 x 0|
|Ask||123.85 x 0|
|Day's range||120.05 - 126.70|
|52-week range||115.55 - 178.95|
|Beta (5Y monthly)||0.68|
|PE ratio (TTM)||5.99|
|Earnings date||31-Jul-2019 - 05-Aug-2019|
|Forward dividend & yield||1.75 (1.41%)|
|1y target est||N/A|
India on Thursday revamped rules for future exploration and production of oil and gas blocks in its efforts to attract private investment and increase domestic production. India imports four out of every five barrels of crude oil it consumes and is likely to shell out more than $100 billion on oil purchases in 2018/19. "The emphasis of the new rules is for raising hydrocarbon production," Dharmendra Pradhan, India's oil minister said in New Delhi.
India is looking to expedite discovery efforts to establish the country's shale oil and gas potential and has asked companies to submit a plan, two industry sources said on Sunday. In late 2013, India gave rights to Oil and Natural Gas Corp Ltd to explore for shale oil and gas reserves. In January, India's oil and gas regulator Directorate General of Hydrocarbons (DGH) held a meeting with representatives from various private and government companies to urge them to pursue shale resources in the oil and gas blocks already held by them, a source at the regulator said.