Asian Energy Services gains on receiving LoA from Sun Petrochemicals
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Asian Energy Services is currently trading at Rs. 286.25, up by 5.00 points or 1.78% from its previous closing of Rs. 281.25 on the BSE.
The scrip opened at Rs. 294.00 and has touched a high and low of Rs. 295.30 and Rs. 283.65 respectively. So far 4612 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 344.50 on 31-Jan-2024 and a 52 week low of Rs. 117.00 on 23-Jun-2023.
Last one week high and low of the scrip stood at Rs. 295.30 and Rs. 275.80 respectively. The current market cap of the company is Rs. 1164.51 crore.
The promoters holding in the company stood at 58.52%, while Institutions and Non-Institutions held 4.27% and 37.21% respectively.
Asian Energy Services (AESL) has received Letter of Award (LoA) from Sun Petrochemicals for 3D Seismic Data Acquisition and Processing Services for Sunpetro’s fields/blocks in Gujarat. The value of LoA is Rs 37.71 crore excluding GST. The Work under this LoA will be executed in 6 months.
Asian Energy Services (formerly Asian Oilfield Services) provides range of services to reputed national and multinational companies. The company banks on the rich experience of well qualified professionals for providing seismic data acquisition, processing and Interpretation services.
