why ongc share going down?
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As visible from the Relative Performance Chart, ONGC fell when the Brent variety of crude oil hit $71.75 during the first week of January. Its share price fall continues due to the fall in crude oil prices, which is now at $59.25.
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The stock fell over 8% during the Wednesday trading session to close at $107. Although much of their report was positive, the market continues to look for short term growth catalysts. The reason the market sold GWPH today was that they didn't make progress this quarter towards profitability.
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The TPG share price may be a good buy during coronavirus volatility. The TPG Telecom Ltd (ASX: TPM) share price could be a good buy during this coronavirus share volatility. The TPG share price has only fallen by 11% since 20 February 2020, which is nowhere near as painful as plenty of other blue chips.
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AT&T stock is down nearly 25% year-to-date, even after recovering nearly 30% from its lows of the coronavirus bear market. But the stock does have a high 7% annualized dividend yield in a 1% interest rate environment. Should investors consider buying AT&T stock?
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Investors Who Bought GVK Power & Infrastructure (NSE:GVKPIL) Shares Five Years Ago Are Now Down 57% ... Because GVK Power & Infrastructure is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now.
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The return on capital employed of the entire telecom sector will suddenly go down. That is the main reason for the decline in share prices of these companies. RIL has done a huge capex of 1.5 lac crores for Rjio.
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BT's share price has been falling for much of the past five years owing to disappointing financial performance and more recently, the fact that its dividends may be cut to finance capital spends. 5G is here – and shares of this 'sleeping giant' could be a great way for you to potentially profit!
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WPP saw its EPS decline at a compound rate of 4.9% per year, over the last three years. This reduction in EPS is slower than the 18% annual reduction in the share price. So it seems the market was too confident about the business, in the past.
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GSK share price down after profit warning due to R&D spending. ... GlaxoSmithKline has seen its share price fall more than 6% since warning investors in its full-year results last week that profits will suffer in 2020 as the drug maker steps up R&D spending.
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Shares of McCormick (NYSE:MKC) were going bad today after the spice specialist turned in weaker-than-expected fourth-quarter results and issued an underwhelming outlook for 2019. As a result, the normally reliable stock was down 11.6% at 10:59 a.m. EST.
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Shares of GTT Communications (NYSE:GTT) are down 17.2% as of 3:30 p.m. EST Tuesday after the telecommunications company announced weaker-than-expected third-quarter 2019 results.
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Interest rates are so low largely because the economy is so weak. That economic frailty has damaged other important sources of investor income as well. Dividends are shrinking. As I've written recently, a wide range of companies that are tight on cash are suspending or cutting these disbursements to shareholders.
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Axis Bank shares were trading as the top loser on NSE since opening bell today, falling as much as 5.21% after S&P Global Ratings lowered the lender's ratings due to increased economic risks for banks operating in India. ... The stock has fallen 5.86% in one week and 46% since the beginning of this year.
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TGOD Stock: Why So Bearish? ... While a rise of 28% is undoubtedly positive, a significant problem with "cash-burning" remains, and this is likely why TGOD stock has dropped significantly in recent months. >> Aphria Stock Consolidates as Investors are Undecided. The company reported a net loss of $14.1 million in Q1.
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What happened. Shares of PG&E (NYSE:PCG) traded down more than 23% on Friday morning on fears that the bankrupt California utility's transmission poles are responsible for one of the fires currently blazing in the state.
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Currently there seems to be a trend where stocks in the Communication Services sector(s) are not very popular in this period. Our Ai stock analyst implies that there will be a negative trend in the future and the NUGL shares are not a good investment for making money.
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Tilray Stock Is Not A Buy Still, Tilray stock is volatile. And it has been more sensitive to price swings in the past than other companies, due to its thinner share volumes.