Deep Industries receives LOA from ONGC for hiring HP Mobile Drilling Rigs

Deep Industries Ltd has received Letter of Awards received from Oil and Natural Gas Corporation Limited (ONGC), for charter hiring of 02 Nos, of 1000 HP Mobile Drilling Rigs for Ahmedabad Asset for a period of 3 years. The total estimated value of the said Awards is USD 19.02 Million equivalent to approximate INR 150.24 Crore.

Shares of Deep Industries Ltd was last trading in BSE at Rs. 188.30 as compared to the previous close of Rs. 192.65. The total number of shares traded during the day was 62076 in over 196 trades.

The stock hit an intraday high of Rs. 194.50 and intraday low of 187.00. The net turnover during the day was Rs. 11718888.00.

Source : Equity Bulls

Keywords

DeepIndustries INE0FHS01016 LOA ONGC DrillingRigs OrderWin