Deep Industries bags Rs 72 cr contract from ONGC
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B. Karthick
Jun 16, 2009, 12:04:54 AM6/16/09
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Deep Industries bags Rs 72 cr contract from ONGC
Diversified oil and gas firm Deep Industries today said it has bagged
two contracts worth Rs 72 crore from sate-run Oil and Natural Gas
Corporation (ONGC) for hiring natural gas compressors to the company.
The company has obtained the letter of awards from ONGC for hiring the
compressors services for natural gas compression aggregating to Rs
72.05 crore, Deep Industries said in a filing to the Bombay Stock
Exchange.
ONGC has awarded the contracts for its two sites -- Assam and
Rajahmundry.
Further, the company has also extended a contract worth Rs 4.43 crore
with Gujarat Alkalies and Chemicals (GACL) for hiring the service, it
added.
Shares of Deep Industries surged 5 per cent and hit its upper trading
limit of Rs 127.65 on the BSE yesterday.
B.Karthick
Research Analyst.
Diversified oil and gas firm Deep Industries today said it has bagged
two contracts worth Rs 72 crore from sate-run Oil and Natural Gas
Corporation (ONGC) for hiring natural gas compressors to the company.
The company has obtained the letter of awards from ONGC for hiring the
compressors services for natural gas compression aggregating to Rs
72.05 crore, Deep Industries said in a filing to the Bombay Stock
Exchange.
ONGC has awarded the contracts for its two sites -- Assam and
Rajahmundry.
Further, the company has also extended a contract worth Rs 4.43 crore
with Gujarat Alkalies and Chemicals (GACL) for hiring the service, it
added.
Shares of Deep Industries surged 5 per cent and hit its upper trading
limit of Rs 127.65 on the BSE yesterday.
B.Karthick
Research Analyst.
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