Deep Industries shines on receiving LoA from ONGC
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Deep Industries is currently trading at Rs. 208.60, up by 12.25 points or 6.24% from its previous closing of Rs. 196.35 on the BSE.
The scrip opened at Rs. 211.00 and has touched a high and low of Rs. 220.05 and Rs. 204.80 respectively. So far 83279 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 220.05 on 13-Jul-2023 and a 52 week low of Rs. 88.55 on 11-Aug-2022.
Last one week high and low of the scrip stood at Rs. 220.05 and Rs. 179.35 respectively. The current market cap of the company is Rs. 1256.64 crore.
The promoters holding in the company stood at 63.49%, while Institutions and Non-Institutions held 1.47% and 35.04% respectively.
Deep Industries has received Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for Charter Hiring of 1 numbers of 90 MT Mobile Drilling Rigs with Integrated Mud Services & METP with Manpower for a period of 3 years for CBM Asset, Bokaro. The total estimated value of the said award is approximately Rs 130 crore.
Deep Industries is leading solution provider in energy sector. The company is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services.
