“The company has received Letter of Award from ONGC, for Charter Hiring of 01 No. of 50 MT Work Over Rig for Ahmedabad Asset for Category-2 for a period of three years,” the company said.
The total estimated value of the said award is at ~Rs18cr, the company added.
Deep Industries Ltd is currently trading at Rs140.55, up by Rs3.15 or 2.29% from its previous close of Rs137.40 on the BSE. The scrip opened at Rs138 and has touched a high and low of Rs143.20 and Rs137 respectively.