Deep Industries zooms on receiving LoA from ONGC
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Deep Industries is currently trading at Rs. 202.85, up by 14.55 points or 7.73% from its previous closing of Rs. 188.30 on the BSE.
The scrip opened at Rs. 194.95 and has touched a high and low of Rs. 206.95 and Rs. 193.80 respectively. So far 14263 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 288.70 on 22-Apr-2022 and a 52 week low of Rs. 89.65 on 07-Jul-2021.
Last one week high and low of the scrip stood at Rs. 206.95 and Rs. 187.00 respectively. The current market cap of the company is Rs. 602.56 crore.
The promoters holding in the company stood at 63.99%, while Institutions and Non-Institutions held 3.73% and 32.27% respectively.
Deep Industries has received Letter of Awards (LoA) from ONGC, for charter hiring of 02 Nos. of 1000 HP Mobile Drilling Rigs for Ahmedabad Asset for a period of 3 years. The total estimated value of the said awards is $19.02 million equivalent to approximate Rs 150.24 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.
