Alphageo touches roof on receiving contract from ONGC

16 Jan 2020 Evaluate

Alphageo (India) is locked at upper circuit limit at Rs. 201.45, up by 18.30 points or 9.99% from its previous closing of Rs. 183.15 on the BSE.

The scrip opened at Rs. 193.00 and has touched a high and low of Rs. 201.45 and Rs. 180.00 respectively. So far 29621 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 547.50 on 15-Mar-2019 and a 52 week low of Rs. 153.10 on 07-Aug-2019.

Last one week high and low of the scrip stood at Rs. 201.45 and Rs. 178.50 respectively. The current market cap of the company is Rs. 128.22 crore.

The promoters holding in the company stood at 45.22%, while Institutions and Non-Institutions held 1.19% and 53.59% respectively.

Alphageo (India) has received Notification of Award (NOA) of contract from Oil and Natural Gas Corporation (ONGC) for acquisition of 3D seismic data through outsourcing for ‘Bogapha Syncline’ Area of A&AA Basin for estimated contract value of Rs 43.23 crore (exclusive of taxes) and acquisition of 3D seismic data through outsourcing for ‘Tichna’ Area of A&AA Basin for estimated contract value of Rs 68.75 crore (exclusive of taxes).

Alphageo (India) is a seismic survey service provider. The company is engaged in seismic survey data acquisition, processing and interpretation services.

Alphageo India Share Price

434.85 -7.45 (-1.68%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Engineers India 186.10
Rites 280.05
Pitti Engineering 1356.25
Kennametal India 3007.65
MTAR Technologies 1679.30
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