Oil India Q2 profit slips 21.3% quarter-on-quarter
In short
Oil India reported that its net profit fell 21.3% quarter on quarter to ₹2,259.42 crore in Q2. The stock was flagged as one to watch before Friday’s trading session.
The note also mentioned Zee Entertainment’s buyback plan of up to 6.59 crore shares for ₹600 crore. Traders may focus on these names when the market opens.
What the reporting says
Oil India reported a 21.3% quarter-on-quarter decline in net profit to ₹2,259.42 crore in Q2, making it one of the stocks to watch ahead of Friday trading. The update was listed alongside other corporate developments, including Zee Entertainment’s approval of a buyback of up to 6.59 crore shares for ₹600 crore. Investors are set to track the names in the session ahead.
Why it matters
Oil India’s Q2 net profit fell 21.3% sequentially to ₹2,259.42 crore, and the stock was highlighted ahead of Friday trading. The same market roundup also noted Zee Entertainment’s buyback approval, but the Oil India item is the earnings move here. The brief points traders toward stocks likely to stay active in the session.