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Dolphin Offshore Enterprises jumps on bagging contract worth Rs 270 crore

23 Mar 2012 Evaluate

Dolphin Offshore Enterprises (India) is currently trading at Rs. 87.75, up by 3.55 points or 4.22% from its previous closing of Rs. 84.20 on the BSE.

The scrip opened at Rs. 88.90 and has touched a high and low of Rs. 90.95 and Rs. 86.35 respectively. So far 78,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 173.00 on 06-Apr-2011 and a 52 week low of Rs. 57.25 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 92.00 and Rs. 81.00 respectively. The current market cap of the company is Rs. 147.00 crore.

The promoters holding in the company stood at 54.02% while Institutions and Non-Institutions held 0.90% and 45.08% respectively.

Dolphin Offshore Enterprises (India) has received a notification of award of contract for OGIP Power to ESP Project from Oil & Natural Gas Corporation (ONGC) vide their letter dated March 22, 2012.

The schedule completion date of this contract is May 15, 2013 and the contract value is approximately Rs 270 crore.

Dolphin Offshore Enterprises (India) is the flagship company of the Dolphin group and is listed on BSE and NSE. It is in the business of providing a complete range of offshore support services to the oil and gas industry. Since inception, the company has been catering, mainly to the requirements of ONGC.

Dolphin Offshore Ent Share Price

382.00 5.50 (1.46%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 237.80
Oil India 422.40
Jindal Drilling&Inds 552.00
Deep Industries 463.15
Asian Energy Service 332.55
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