Asian Energy Services zooms on securing integrated service contract from Vedanta
Asian Energy Services is currently trading at Rs. 323.40, up by 38.35 points or 13.45% from its previous closing of Rs. 285.05 on the BSE.
The scrip opened at Rs. 308.05 and has touched a high and low of Rs. 324.15 and Rs. 296.50 respectively. So far 65730 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 444.35 on 27-Aug-2024 and a 52 week low of Rs. 214.85 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs. 324.50 and Rs. 283.80 respectively. The current market cap of the company is Rs. 1412.86 crore.
The promoters holding in the company stood at 60.97%, while Institutions and Non-Institutions held 2.58% and 36.45% respectively.
Asian Energy Services has been awarded Integrated Service contract from Vedanta. The total contract value is around Rs 865 crore including GST and the order will be executed over a span of 57 months. Integrated O&M remains a core area of focus at Asian Energy Services and a key growth driver.
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.
