Seamec Ltd along with consortium partner M/s. Posh India Offshore Private Limited has entered into an understanding with M/s. Larsen & Toubro Limited for diving related and other associated work through deployment of the Vessel "SEAMEC PRINCESS" for ONGC work of Pipeline Replacement Project VII (PRP-VII RTR).
The total combined value of the contract to consortium is USO 101,007,325 exclusive of GST.
Shares of Seamec Limited was last trading in BSE at Rs. 1367.70 as compared to the previous close of Rs. 1334.65. The total number of shares traded during the day was 3092 in over 501 trades.
The stock hit an intraday high of Rs. 1412.10 and intraday low of 1331.50. The net turnover during the day was Rs. 4234900.00.