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Stock Report
Dolphin Offshore receives contract in China worth Rs.5.8 Crores
Posted On : 2007-05-15 00:28:00( TIMEZONE : IST )
Dolphin Offshore Enterprises India Ltd has announced that Societa Cooperativa Nazionale Sommozzaton (CNS) has awarded a Contract for saturation diving work in China.
The value of this contact is Rs 5.8 crores. The duration of this contract is 5 months w.e.f. May 15, 2007.
This contract will help the Company to gainfully deploy its saturation diving system (SDS-01) abroad during the monsoon period in India.
The stock was trading at Rs.202.85, up by Rs.8.60 or 4.43%. The stock hit an intraday high of Rs.204.90 and low of Rs.191.40. The total traded quantity was 14335 compared to 2 week average of 13739.
