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Why is Asian Oilfield buzzing?

Published on Wed, Nov 29, 2006 at 15:30 , Updated at Wed, Nov 29, 2006 at 17:34
Source : Moneycontrol.com

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Asian Oilfield Services is a smallcap stock, which moved up from Rs 14, to the current levels of about Rs 24 in just the last 14 trading sessions. So one can see that there has been a lot of excitement in this stock.

 

Throwing some light on the company's current business scenario, Avinash Manchanda, Managing Director of Asian Oilfield Services says, "We have orders to the tune of around Rs 30 crore for this field season."

 

"We have already completed the premier jobs and right now we have got jobs from ONGC in Gujarat and Tripura," he informs.

 

For complete interview, watch video. 


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