|Bid||163.00 x 0|
|Ask||163.15 x 0|
|Day's range||160.20 - 163.25|
|52-week range||108.50 - 194.95|
|Beta (5Y monthly)||0.97|
|PE ratio (TTM)||4.62|
|Earnings date||28 May 2022|
|Forward dividend & yield||7.25 (4.72%)|
|Ex-dividend date||21 Feb 2022|
|1y target est||215.58|
Indian shares scaled a near seven-week high on Wednesday, boosted by automakers and heavyweight financials, with appetite for riskier assets rebounding globally on signs of progress in Ukraine-Russia peace talks. The NSE Nifty 50 index climbed 1% to 17,498.25, while the S&P BSE Sensex rose 1.3% to 58,683.99, extending a rally to a third straight session. Global equity markets largely reacted positively to Russia's promises on Tuesday to scale down its military operations near Kyiv and surrounding cities.
India's ONGC Videsh said it and its partners will decide on how to keep operating the Sakhalin 1 project over next few weeks, after Exxon Mobil's decision to exit Russia's oil and gas sector over Moscow's invasion of Ukraine. Exxon, with a 30% stake, has operated the project in Russia's Far East since production began in 2005. ONGC Videsh, and Japan's SODECO own 20% while the remainder is held by Rosneft.
Russia's Sakhalin-1 project is expected to begin liquefied natural gas (LNG) production in 2028, according to the managing director of Indian firm holding a stake in the project. "Sakhalin-1...the LNG is being planned to be produced in 2028," Alok K Gupta said at the World Energy Policy Summit.