MoneyWorks4Me

Deep Industries receives Letter of Award worth Rs 161.70 crore

25 Apr 2018 Evaluate

Deep Industries has received Letter of Award from Prabha Energy on behalf of consortium for hiring of Integrated Drilling & Completion Services. The total estimated value of the said award is approximately Rs 161.70 crore.

Deep Industries has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services.

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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