Asian Energy soars as its holding company gets LOI for Pakro Vanadium and Graphite Block in Arunachal Pradesh
Asian Energy Services is currently trading at Rs. 541.75, up by 30.05 points or 5.87% from its previous closing of Rs. 511.70 on the BSE.
The scrip opened at Rs. 521.95 and has touched a high and low of Rs. 565.40 and Rs. 509.35 respectively. So far 30435 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 565.40 on 08-Sep-2026 and a 52 week low of Rs. 230.35 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 565.40 and Rs. 483.50 respectively. The current market cap of the company is Rs. 2737.86 crore.
The promoters holding in the company stood at 56.14%, while Institutions and Non-Institutions held 1.67% and 42.19% respectively.
Asian Energy Services’ holding and amalgamating company -- Oilmax Energy (OEPL) has secured a Letter of Intent (LOI) from the Government of Arunachal Pradesh, Department of Geology and Mining. The LOI is for grant of a Composite Licence for the Pakro Vanadium and Graphite Block situated at Pakro Village, Pizirang Circle, Pakke Kessang District, Arunachal Pradesh, over an area of 155.46 hectares.
