Deep Industries surges on getting LoA from Oil and Natural Gas Corporation
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Deep Industries is currently trading at Rs. 264.10, up by 7.65 points or 2.98% from its previous closing of Rs. 256.45 on the BSE.
The scrip opened at Rs. 261.90 and has touched a high and low of Rs. 279.70 and Rs. 261.00 respectively. So far 26172 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 281.60 on 23-Aug-2023 and a 52 week low of Rs. 115.00 on 30-Sep-2022.
Last one week high and low of the scrip stood at Rs. 279.70 and Rs. 250.05 respectively. The current market cap of the company is Rs. 1692.80 crore.
The promoters holding in the company stood at 63.49%, while Institutions and Non-Institutions held 1.19% and 35.32% respectively.
Deep Industries has received Letter of Award (LoA) from Oil and Natural Gas Corporation on September 22, 2023 for Charter Hiring of HP compressors at GCP Geleki, Assam for a period of 3 years. The total estimated value of the said award is approximately Rs 108 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.
