BREAKING NEWS

*Q2 ONGC*

As per DOW TIMES estimates, ONGC can deliver outstanding no's:

1) Q2 PAT can *spurt 20% YoY* as PAT can be 5100+ Crores Vs 4232 Crores

2) *QoQ jump can be 30%* as PAT for Q1 was 3884 Cr Vs DOW TIMES estimate of 5100+ Cr for Q2
In view of firm outlook for crude prices, mgtmnt commentary should be positive

TP 200+ in near term