Deep Industries stock rallies 3% after ~Rs72 crore order win from Oil India

  • India Infoline News Service |
  • 10 Oct, 2022 |
  • 10:20 AM
Deep Industries Limited stocks in the fast lane as the company received Letter of Award from Oil India Limited.

As per the filing, the com[any has received Letter of Award from Oil India Limited (Formerly known as Deep CH4 Limited) on October 08, 2022, for charter hiring of 02 Nos. 550 HP (Min)- 750 HP(Max) Capacity Workover Rigs for a period of 03 (Three) years.

Further, the total estimated value of the said Award is approximately Rs71.64 crore.

At around 10:21 AM, Deep Energy Resources Ltd is currently trading at Rs143.15 per share up by Rs4.25 or 3.06% from its previous closing of Rs138.90 per share on the BSE.

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