Alphageo receives Rs. 33.89 crore contract from ONGC
Alphageo (India), seismic survey data acquisition, processing and interpretation services provider informed the exchanges that it has received Notification of Award (NoA) of contract from ONGC, Western Offshore Basin for NSP Project, Mumbai for the provision of 2D Seismic Data Acquisition services.
The NoA of contract from Oil and Natural Gas Corporation (ONGC) has an estimated contract value of Rs 33.89 crore. The contract is for the provision of 2D Seismic Data Acquisition services in un-appraised on land areas of Sedimentary Basins of Ganga-Punjab area.
On Monday, at 11.55 am, the stock of Alphageo traded at a price of Rs. 489.10 per share, higher by 2.17 per cent than its previous close on BSE. It touched intraday high of Rs. 492 per share, while it showed a low of Rs. 481.35. The stock had recently touched its 52 week low of Rs. 440, while its 52-week high is Rs. 1070 per share. The benchmark index BSE Sensex was trading at 33,595 which is 245 points higher than its last trading session.