Dolphin Offshore Enterprises surges on bagging contract worth $3.99 million from ONGC

Dolphin Offshore Enterprises (India) Ltd. | Oil Exploration | Oil & Gas | BSE: 522261 | NSE: DOLPHIN

18 May 2016 Evaluate

Dolphin Offshore Enterprises (India) is currently trading at Rs. 97.50, up by 3.00 points or 3.17% from its previous closing of Rs. 94.50 on the BSE.

The scrip opened at Rs. 97.80 and has touched a high and low of Rs. 100.10 and Rs. 97.10 respectively. So far 84,319 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.30 on 03-Dec-2015 and a 52 week low of Rs. 67.10 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 100.10 and Rs. 90.30 respectively. The current market cap of the company is Rs. 163.53 crore.

The promoters holding in the company stood at 54.83% while Institutions and Non-Institutions held 8.80% and 36.38% respectively.

Dolphin Offshore Enterprises (India) has bagged contract worth $3.99 million from ONGC for underwater structural repair of HC platform in Heera Field. The duration of contract is 240 days from 16th October, 2016.

The company has signed a charter party agreement with Sanat Gostar Kish Co (SGK) for deployment of the vessel E. Francis and Diving personnel in the Middle East. This vessel was hired by the company from a company in the Middle East. The contract value is $ 7 million (approximate) and the contract duration of the charter hire is 200 days.

Dolphin Offshore Enterprises (India) is a leading provider of underwater services to the Indian oil and gas industry.

Dolphin Offshore Ent Share Price

424.90 -2.70 (-0.63%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
ONGC	279.25
Oil India	454.40
Jindal Drilling&Inds	535.85
Deep Industries	457.70
Asian Energy Service	297.85
View more..

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