Great Offshore to build 3 new OSVs

The Board of Directors of Great Offshore Ltd at its meeting held on June 21, 2011, has approved New Building Contracts for building 3 nos. Offshore Support Vessel's (OSV) with Pinky Shipyard Limited. These OSVs are scheduled to be delivered intermittently during CY 2013.

The stock closed the day at Rs.213.25, up by Rs.3.70 or 1.77%. The stock hit an intraday high of Rs.218 and low of Rs.208.15.

The total traded quantity was 0.11 lakhs compared to 2 week average of 0.19 lakhs.

Source : Equity Bulls

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