Deep Industries surges on receiving Letter of Award from Oil India
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Deep Industries is currently trading at Rs. 316.95, up by 7.80 points or 2.52% from its previous closing of Rs. 309.15 on the BSE.
The scrip opened at Rs. 308.05 and has touched a high and low of Rs. 322.50 and Rs. 304.65 respectively. So far 25401 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 322.50 on 10-Oct-2022 and a 52 week low of Rs. 124.00 on 29-Oct-2021.
Last one week high and low of the scrip stood at Rs. 322.50 and Rs. 255.75 respectively. The current market cap of the company is Rs. 1004.80 crore.
The promoters holding in the company stood at 63.99%, while Institutions and Non-Institutions held 2.02% and 33.99% respectively.
Deep Industries (Formerly known as Deep CH4) has received Letter of Award from Oil India for charter hiring of 02 Nos. 550 HP (Min)- 750 HP(Max) Capacity Workover Rigs for a period of 03 years and the total estimated value of the said award is approximately Rs 71.64 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.
