Aban Offshore is currently trading at Rs. 573.15, up by 5.20 points or 0.92% from its previous closing of Rs. 567.95 on the BSE.
The scrip opened at Rs. 562.00 and has touched a high and low of Rs. 580.90 and Rs. 546.35 respectively. So far 2,03,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 939.90 on 08-Jul-2014 and a 52 week low of Rs. 222.15 on 10-Oct-2013.
Last one week high and low of the scrip stood at Rs. 586.50 and Rs. 540.10 respectively. The current market cap of the company is Rs. 3,259.00 crore.
The promoters holding in the company stood at 43.29% while Institutions and Non-Institutions held 31.61% and 25.10% respectively.
Aban Offshore has bagged total orders worth $182.66 million from ONGC. The first firm order is for the deployment of jack-up rig ‘Aban IV’ for a period of 3 years. The total value of this order is approximately $91.33 million equivalent to Rs 557 crore. The contract is expected to commence during the first quarter of calendar year 2015.
The company has also bagged a firm order for deployment of jack-up rig ‘Aban III’ for a period of 3 years. The total value of this firm order is approximately $91.33 million equivalent to Rs 557 crore. The contract is expected to commence during the first quarter of calendar year 2015.
Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.
| Company Name | CMP |
|---|---|
| ONGC | 283.95 |
| Oil India | 470.10 |
| Jindal Drilling&Inds | 540.15 |
| Deep Industries | 476.90 |
| Asian Energy Service | 306.05 |
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