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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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Oil and Natural Gas : At least 4 killed in chopper crash in Mumbai

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01/13/2018 | 01:56pm CEST

New Delhi, Jan 13 (EFE).- At least four people were killed and three were missing Saturday after a chopper crashed near the western Indian city of Mumbai.

The helicopter, which was carrying five workers of the state-run oil firm ONGC and two pilots of the Pawan Hans company, went missing after taking off from Mumbai at 10.30 am.

Its remains were recovered two hours later around 40 nautical miles into the sea, the Indian coast guard tweeted, adding that two of the four victims were identified as ONGC staff from their identity documents.

The coastguard said search operation was still underway and that five boats, two multi-purpose Dornier aircrafts and two helicopters were taking part in it.

The Pawan Hans helicopter had taken off from the airport at Juhu, located in the heart of the country's financial capital, and was scheduled to arrive at one of the installations of ONGC at 10.58 am.

In April 2011, a civilian helicopter from the same company caught fire before landing in the northeastern Indian city of Tawang, killing 17 and injuring six.

Barely a month later, another Pawan Hans helicopter had met with an accident in which five people were Killed, including the Chief Minister of the northeastern Arunachal Pradesh state, Dorjee Khandu.

© 2018 EFE News Services (U.S.) Inc., source EFE Ingles

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Financials ( INR)
Sales 2019 1 776 B
EBIT 2019 437 B
Net income 2019 305 B
Debt 2019 509 B
Yield 2019 5,43%
P/E ratio 2019 6,49
P/E ratio 2020 6,46
EV / Sales 2019 1,40x
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Average target price 223  INR
Spread / Average Target 45%
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NameTitle
Shashi Shanker Chairman & Managing Director
Subhash Kumar Chief Financial Officer
Adapa Krishnarao Srinivasan Executive Director
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