Asian Energy Services Ltd secures ~Rs 46 crores contract from Sun Petrochemicals for 3D Seismic Data Acquisition & Processing in Gujarat

Asian Energy Services Limited, a leading integrated service provider to the energy and mining sectors, has been awarded work order from Sun Petrochemicals for hiring of services for 3D Seismic Data Acquisition & Processing in Gulf of Khambhat, Gujarat.

The total contract value is ~Rs 46 crores exclusive of GST and the order will be executed over a span of 12 months.

Commenting on this, Dr. Kapil Garg, Managing Director, Asian Energy Services Limited said, "We are delighted to further strengthen our long-standing partnership with Sun Petrochemicals through this new order for 3D Seismic Data Acquisition & Processing. This repeat engagement is a testament to the strong relationship and trust we have built with our customers over the years. Our consistent ability to deliver high-quality outcomes within defined timelines continues to strengthen our position as a reliable partner in the seismic services domain."

Shares of Asian Energy Services Ltd was last trading in BSE at Rs. 292.40 as compared to the previous close of Rs. 289.90. The total number of shares traded during the day was 3338 in over 202 trades.

The stock hit an intraday high of Rs. 293.50 and intraday low of 289.85. The net turnover during the day was Rs. 972415.00.

Source : Equity Bulls

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