|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
MUMBAI, Aug 13 (Reuters) - Shares in India's state-run producer Oil & Natural Gas Corp rose as much as 4.1 percent in early trade on Monday after the company reported a higher-than-expected jump in quarterly profit over the weekend.
The company benefited from higher crude oil prices and foreign exchange fluctuations and reported net profit of 60.8 billion rupees ($1.1 billion) for its fiscal first quarter ended June, up from 41.0 billion rupees a year earlier.
ONGC Chairman Sudhir Vasudeva also said the producer has made a fresh discovery at the D1 offshore field off India's western coast, which could boost in-place reserves at the field to an estimated 140 million tonnes of oil-equivalent from 82 million tonnes now.
Shares last gained 2.7 percent to 287.45 rupees. (Reporting by Manoj Dharra; Editing by Rafael Nam)