Energy Sector

Suzlon Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Suzlon Energy Ltd stock Suzlon Intraday Buy Callwith an intraday target of Rs 242.

According to them, interested traders can purchase the stock above Rs 238 with a strict stop loss of Rs 232. If the stock market remains on positive track, the next target will be above Rs 244.

Shares of the company, on Tuesday (Aug 19), closed at Rs 238.05 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 764940. Current EPS & P/E ratio stood at 8.45 and 28.17 respectively. The share price has seen a 52-week high of Rs 460 and a low of Rs 174.50 on BSE.

Murli Deora To Review Working Of Oil PSUs

A review of Oil PSUs will be undertaken by the Union Minister of Petroleum and Murli Deora To Review Working Of Oil PSUs Natural Gas Murli Deora along with the Chief Executive Officers (CEOs) of the Oil PSUs.

During the review, Minister of State for Petroleum and Natural Gas Dinsha Patel and Petroleum Secretary R.S. Pandey would also be there to discuss the working of the PSU, challenges & problems faced by them and many other various issues.
 

Murli Deora to review working of oil PSUs

Union Minister of Petroleum and Natural Gas Murli DeoraNew Delhi, Aug 19: Union Minister of Petroleum and Natural Gas Murli Deora will meet Chief Executive Officers (CEOs) of oil PSUs here today to review PSU working and to discuss various issues, challenges and problems faced by them.

Minister of State for Petroleum and Natural Gas Dinsha Patel and Petroleum Secretary R. S. Pandey will also be present in the meeting.

The meeting would specially focus on the distribution of petroleum products in the country.

GAIL, Petronet LNG reveal plans to acquire stake in ‘ONGC Petro Additions’

GAIL, Petronet LNG reveal plans to acquire stake in ‘ONGC Petro Additions’

OPEC crude price falls a further three dollars

OPECVienna - The price for crude oil produced by the Organizati

House speaker Pelosi softens stance on offshore drilling

House speaker Nancy Pelosi softens stance on offshore drillingWashington - The Speaker of the US House of Representatives Nancy Pelosi said Saturday she will "consider" allowing offshore drilling in some areas, with "appropriate safeguards."

Pelosi outlined this shift from her earlier opposition to opening new areas to oil exploration, during the Democratic Party's weekly radio address.

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