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Last Updated : Mar 12, 2019 01:33 PM IST | Source: Moneycontrol.com

Deep Industries gains 9% on order wins from ONGC

The share touched its 52-week high Rs 178.70 and 52-week low Rs 79.10 on 11 April, 2018 and 06 July, 2018, respectively.

 
 
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Shares of Deep Industries gained 9 percent intraday on March 12 after the company received a contract from ONGC.

The company has received a letter of award of contract from ONGC, for charter hiring of a 1000 HP Mobile Drilling Rig for Ahmedabad Asset for a period of 3 years, as per company release on BSE.

The total estimated value of the said award is approximate Rs 91.75 crore.

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At 1313 hours, Deep Industries was quoting at Rs 131.75, up Rs 8, or 6.46 percent on the BSE.

The share touched its 52-week high Rs 178.70 and 52-week low Rs 79.10 on 11 April, 2018 and 06 July, 2018, respectively.

Currently, it is trading 26.64 percent below its 52-week high and 65.74 percent above its 52-week low.

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First Published on Mar 12, 2019 01:22 pm
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