Alphageo (India) shines on getting contract from ONGC
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Alphageo (India) is currently trading at Rs. 288.50, up by 11.90 points or 4.30% from its previous closing of Rs. 276.60 on the BSE.
The scrip opened at Rs. 285.95 and has touched a high and low of Rs. 293.05 and Rs. 283.35 respectively. So far 4432 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 348.00 on 13-Sep-2022 and a 52 week low of Rs. 200.00 on 31-Mar-2023.
Last one week high and low of the scrip stood at Rs. 293.05 and Rs. 271.05 respectively. The current market cap of the company is Rs. 185.63 crore.
The promoters holding in the company stood at 46.09%, while Institutions and Non-Institutions held 1.94% and 51.97% respectively.
Alphageo (India) has received award of contract from Oil and Natural Gas Corporation (ONGC), Dehradun. The contract is for Seismic Data Acquisition to acquire 303 SKM of 3D Seismic Data in OALP Block GVONHP2021/2 Sector 2 of Ganga Basin in the state of Uttar Pradesh and Bihar for an estimated contract value of Rs 39.33 crore (inclusive of taxes). The contract is to be executed by March, 2024.
Alphageo (India) is engaged in providing seismic survey services to the oil exploration and production sector.
