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Last Updated : Mar 27, 2018 09:41 AM IST | Source: Moneycontrol.com

Dolphin Offshore rises 10% on contract win from ONGC

The consortium of HAL Offshore, Dolphin Offshore Enterprises and JK Surface Coatings has received a notification of award for protective coating of wellhead platforms project-1 from ONGC.

 
 
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Share price of Dolphin Offshore Enterprises rose 10 percent in the early trade on Tuesday as Dolphin Offshore consortium won an order worth Rs 154 crore.

The consortium of HAL Offshore, Dolphin Offshore Enterprises and JK Surface Coatings has received a notification of award for protective coating of wellhead platforms project-1 from ONGC.

The total amount of award is Rs 154,03,25,444.64 crore including all taxes and duties.

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At 09:24 hrs Dolphin Offshore Enterprises (I) was quoting at Rs 88.35, up Rs 4.85, or 5.81 percent.

Posted by Rakesh Patil

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First Published on Mar 27, 2018 09:39 am
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