Seamec shines on entering into contract with A.D. Engineers & Contractors LLP
Seamec is currently trading at Rs. 812.90, up by 16.40 points or 2.06% from its previous closing of Rs. 796.50 on the BSE.
The scrip opened at Rs. 798.05 and has touched a high and low of Rs. 812.90 and Rs. 798.05 respectively. So far 12 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1664.00 on 27-Aug-2024 and a 52 week low of Rs. 753.00 on 06-Aug-2025.
Last one week high and low of the scrip stood at Rs. 812.90 and Rs. 753.00 respectively. The current market cap of the company is Rs. 2034.00 crore.
The promoters holding in the company stood at 72.31%, while Institutions and Non-Institutions held 9.44% and 18.25% respectively.
Seamec has entered into a Bimco Charter Party dated August 11, 2025 with A.D. Engineers & Contractors LLP, Mumbai for Charter Hire of its Vessel ‘SEAMEC III’ for working in ONGC Oilfield, West Coast of India carrying out jobs related to SAT Diving and Air Diving.
The firm period for operation in the field for 70 days with option for extension on mutually agreed terms. The commencement is within the window period of October 15, 2025 to October 25, 2025. The total value of the contract estimated as Rs 61.13 crore exclusive of GST.
Seamec is the region’s leading provider of Diving Support Vessel (DSV) based diving services.
