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Deep Industries skyrockets 7% on Rs44.40cr contract from GSPC LNG

The company received letter of award is for the hiring of gas compression services at GSPC LNG Terminal, Mundra, for a period of 5 years.

December 30, 2021 10:13 IST | India Infoline News Service
Deep Industries
Deep Industries Limited has received a letter of award from GSPC LNG Limited (GLL) for the hiring of gas compression services at GSPC LNG Terminal, Mundra, Gujarat, for a period of 5 years which was received by the Company on December 29, 2021.

The total estimated value of the contract is approximate Rs44.40cr.

The company stock saw buying activity on Thursday and at around 10.15 am, Deep Industries Limited was trading at Rs156.35 per piece up Rs10.75 or 7.38% on the BSE. The stock has hit a day's high of Rs162.75 per share so far. 

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