Announced Wed, 17 Jun · 12:55 IST
Garware Offshore receives vessel charter Letter of Award worth INR 31 crore annually
Business Updates View source PDF
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
+18.3%1-day move
₹49.03
prior close
₹55.77
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+18.3+18.3+21.7+15.4+14.2+13.8-0.3-2.6——
Up moveDown movePending
AI summary
Garware Offshore Services has received a Letter of Award for chartering one of its vessels for 4 years, with an optional 1 year extension. The annual contract value is about INR 31 crores. The award is subject to final execution of a Charter Party Agreement.
Likely market impact
Adds about INR 31 crore in annual revenue for up to 5 years, subject to final agreement signing.