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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Oil and Natural Gas Corporation Ltd    ONGC   INE213A01029

OIL AND NATURAL GAS CORPORATION LTD (ONGC)
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Mumbai chopper crash: 6 bodies found, search on for missing 1

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01/14/2018 | 03:07am CEST

New Delhi [India], Jan 14 (ANI): A Pawan Hans helicopter carrying five senior officials of the Oil and Natural Gas Corporation (ONGC) and two pilots crashed off the Mumbai coast minutes after it took off. So far, six bodies have been recovered.

The police informed that the bodies have been brought to Cooper Hospital for postmortem.

"Out of six bodies, five has been identified. The search for one missing is still underway", a senior police inspector said.

Currently, four Indian Naval ships (Teg, Tarasa, T 11 and T 45) are undertaking the search in the area.

INS Teg also has Chetak helicopter and diving teams embarked onboard to augment the search efforts.

One IN Dornier aircraft has completed the search and one P8I Long Range aircraft has conjoined the search with two SAR kits.

Further, Indian Coast Guard ships and aircraft are also deployed for SAR.

INS Makar, a special hydrographic ship, has left Karwar to augment the search for any sunken wreck from today onwards. Additional ships and aircraft are being kept ready at Mumbai for deployment as and when required.

A total of seven people were on-board in the Pawan Hans Dauphin N2 that crashed and a total of four bodies have been recovered so far.

Meanwhile, the Indian Coast Guard (ICG) identified two of the bodies to be of ONGC employees.

In total, there were seven people, including five ONGC employees, which crashed off the Mumbai coast.

The ONGC, along with the ICG and the Indian Navy, has pressed its helicopter and speedboats for search operations.

The helicopter, which took off from Juhu at 10.20 am, was scheduled to land at ONGC's North Field oil rig at 10.58 am.

The last contact with the Air Traffic Control (ATC) was made at about 10.30 am, 30 nautical miles off Mumbai.

The cause of the tragic incident is still unknown. (ANI)

(c) 2018 2017 aninews.in All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( INR)
Sales 2018 1 583 B
EBIT 2018 336 B
Net income 2018 242 B
Debt 2018 394 B
Yield 2018 3,78%
P/E ratio 2018 9,70
P/E ratio 2019 8,11
EV / Sales 2018 1,73x
EV / Sales 2019 1,58x
Capitalization 2 340 B
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Technical analysis trends OIL AND NATURAL GAS CORPOR
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 227  INR
Spread / Average Target 24%
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NameTitle
Shashi Shanker Chairman & Managing Director
Subhash Kumar Chief Financial Officer
Adapa Krishnarao Srinivasan Executive Director
Tapas Kumar Sengupta Executive Director & Offshore Director
Desh Deepak Misra Executive Director & Director-Human Resources
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