MoneyWorks4Me

Swiss Finance buys stake in Deep Industries

20 Oct 2015 Evaluate

Swiss Finance Corporation (Mauritius) has bought 1.4% stake in Deep Industries from the open market. The foreign fund house has purchased 400,000 equity shares of the company at an average price of Rs 191.80 per share on the BSE. Meanwhile, Rajendrakumar Ramanlal Shah has sold 150,000 shares at Rs 191.83 per share.

Deep Industries is primarily caters to ever increasing demand for Oil and Gas Field Services requirements. The company is well diversified Oil & Gas Company with business interest in Air and Gas compression, Drilling, Work over and Oil & Gas Exploration and Production.

Peers
Company Name CMP
ONGC 237.95
Oil India 479.00
Jindal Drilling&Inds 591.05
Deep Industries 766.55
Asian Energy Service 474.30
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