Shares of Alphageo (India)
hit 10% upper circuit on the BSE in the afternoon session. The company has received notification of award (NOA) of contract from Oil and Natural Gas Corporation (ONGC), Jorhat for the acquisition of 3D seismic data through outsourcing for "Bogapha Syncline" area of A&AA Basin for estimated Contract Value of Rs43.23cr.
Also, the company said that it has an acquisition of 3D seismic data through outsourcing for "Tichna" Area of A&AA basin for estimated contract Value of Rs68.75cr.
Alphageo (India) Ltd is currently trading at Rs201.45, up by Rs18.3 or 9.99% from its previous closing of Rs183.15 on the BSE.
The scrip opened at Rs193 and has touched a high and low of Rs201.45 and Rs180 respectively.