Oriental Bank of Commerce has posted a net profit of Rs. 3264mn for the quarter ended December 31, 2012 as compared to Rs. 3542.20 mn for the quarter ended December 31, 2011.
Total Income has increased from Rs. 44917.60 mn for the quarter ended December 31, 2011 to Rs. 48465.40 mn for the quarter ended December 31, 2012.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.