The company has received LOI from the Hutti Gold Mines Company Limited, a Government of Karnataka Enterprise, worth Rs7.10 crore. This order is for Surface Diamond Drilling Work at Uti Gold Mine. The company is expected to complete the project in FY2022-23.
It received NOA from ONGC Energy Centre Trust or Hiring of Drilling Rig & Associated Services at Puga Valley in UT of Ladakh worth Rs18.64 crore. The company is expected to complete the project during the current FY2022-23 itself and it’s a niche & prestigious project of Unconventional Oil & Gas. This is SWPEL’s first project in the state of Jammu & Kashmir (Ladakh Region) at an altitude of over 4,000 meters from sea level and is of utmost importance for the company.
It also bagged a purchase order Steel Authority of India (SAIL) for Exploratory Core Drilling Work in Chhattisgarh. The order is worth Rs11 crore. The company is expected to complete the project in May 2024, however, the company strives to complete it in FY2023-24.
At around 9.48 AM, South West Pinnacle was trading at Rs218 per piece, up by Rs3.65 or 1.70% against its previous close of Rs214.35 on NSE. It touched intraday high and low of Rs219.80 and Rs209.15 respectively.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2024, IIFL Securities Ltd. All Rights Reserved
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
