Alphageo (India) touches roof on bagging contract from Oil India
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Alphageo (India) is currently trading at its upper circuit limit of Rs. 438.00, up by 20.85 points or 5.00% from its previous closing of Rs. 417.15 on the BSE.
The scrip opened at Rs. 438.00 and has touched a high and low of Rs. 438.00 and Rs. 438.00 respectively. So far 1643 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 522.15 on 19-Jul-2024 and a 52 week low of Rs. 268.00 on 13-Dec-2023.
Last one week high and low of the scrip stood at Rs. 438.00 and Rs. 407.50 respectively. The current market cap of the company is Rs. 265.51 crore.
The promoters holding in the company stood at 46.08%, while Institutions and Non-Institutions held 2.00% and 51.92% respectively.
Alphageo (India) has bagged contract from Oil India, Duliajan, Assam for 2D Seismic Data Acquisition in Ganga-Punjab Basin for a contract value of Rs 131.63 crore (inclusive of taxes). The said order is to be executed in June 2026.
Earlier, the company had received the award of contract from Oil India, Rajasthan. The contract is for acquiring 3D and 2D seismic data in Rajasthan for a contract value of Rs 57.15 crore (inclusive of taxes).
Alphageo (India) is engaged in providing seismic survey services to the oil exploration and production sector.
