EPIC UPDATE : ONGC

Most probably IOC crossholding to be in ratio of 50:50 -No lock-in period for IOC shares

Will be free to sell IOC shares at appropriate time -Can always look for dilution of IOC shares if company needs money

Cash position will be better once subsidy burden removed -To go to Supreme Court against Gujarat High Court order

For more information call- 0731-6642300 or Visit-http://goo.gl/g55v85

Posted in: Indian Market Tips