Announced Tue, 8 Sept, 2026 · 13:40 IST
Order worth about INR 88.15 cr received from ONGC for gas compression services
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
+1.2%1-day move
₹785.00
prior close
₹808.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.3+0.4+0.4+1.2-0.1-1.4-7.0-6.4-5.0-3.6-1.9——
Up moveDown movePending
AI summary
Deep Industries has received a Letter of Award from Oil and Natural Gas Corporation (ONGC) for hiring of gas compression services at Balol GGS-1 in Mehsana. The contract is valued at about INR 88.15 crores and runs for 3 years. The order is from a domestic government entity. There is no related party interest, and it is in the ordinary course of business.
Likely market impact
Positive - new multi-year order from a central government PSU ONGC adds to revenue visibility. Size relative to full year revenue is not disclosed in the filing.