The company yesterday received approval to augment hydrocarbon production from the RJ-ON-90/01 Block in Barmer to 3,00,000 barrels of oil per day (bopd) from the current limit of 2,00,000 bopd, sources said.
Cairn India has received environmental clearance for raising crude oil production from Rajasthan block to 2,00,000 barrels per day.
The company yesterday received approval to augment hydrocarbon production from the RJ-ON-90/01 Block in Barmer to 3,00,000 barrels of oil per day (bopd) from the current limit of 2,00,000 bopd, sources said.
Cairn India stock price
On June 17, 2014, at 14:12 hrs Cairn India was quoting at Rs 372.80, up Rs 6.25, or 1.71 percent. The 52-week high of the share was Rs 385.00 and the 52-week low was Rs 273.40.
The company's trailing 12-month (TTM) EPS was at Rs 39.01 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 9.56. The latest book value of the company is Rs 178.01 per share. At current value, the price-to-book value of the company is 2.09.
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