Announced Sat, 20 Jun · 13:14 IST
Deep Industries wins INR 83.81 crore ONGC gas compression contract
DEEPINDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹488.50
prior close
₹493.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+0.9+0.8-0.1-1.8-0.5-3.5-5.1-7.1-6.9-4.8-3.8——
Up moveDown movePending
AI summary
Deep Industries has received a Letter of Award from ONGC for charter hiring services for gas compression at Lakhmani GGS-5 in Assam. The contract is for 3 years with an estimated value of INR 83.81 crores. This is a domestic order awarded in the ordinary course of business, with no promoter or related party interest.
Likely market impact
Positive - new multi-year revenue of about INR 84 crores from a reputed PSU client strengthens order book visibility.