Deep Industries gets contract from ONGC Ltd
DSIJ Intelligence / 23 Jun 2017
The company has been awarded a contract from ONGC Ltd. The contract is for securing the services of 30 tons workover rig to be deployed in ONGC CBM Asset, Bokaro.
Deep Industries surged to 2% at Rs 283.65 per share on BSE on the early hours of Friday’s intraday trade.
The company has been awarded a contract from ONGC Ltd. The contract is for securing the services of 30 tons workover rig to be deployed in ONGC CBM Asset, Bokaro. The total estimated value of the contract is Rs 3.72 crore and the tenure of the contract is one year.
On the NSE, the stock attracted a traded volume of 41,875 shares and a traded value of Rs 117.98 lakh.
Deep Industries continues to participate in the growing services business in the Indian On-shore gas market and with its proven capabilities, it is confident of emerging as a significant beneficiary of the vast opportunities this sector has to offer.
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