Selan Exploration Technology surges on getting nod for 10 years extension of Lohar Field contract

12 Mar 2019 Evaluate

Selan Exploration Technology is currently trading at Rs. 183.05, up by 4.80 points or 2.69% from its previous closing of Rs. 178.25 on the BSE.

The scrip opened at Rs. 181.60 and has touched a high and low of Rs. 184.65 and Rs. 181.60 respectively. So far 1352 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 277.50 on 10-May-2018 and a 52 week low of Rs. 158.80 on 15-Feb-2019.

Last one week high and low of the scrip stood at Rs. 193.15 and Rs. 176.85 respectively. The current market cap of the company is Rs. 284.67 crore.

The promoters holding in the company stood at 27.89% while Institutions and Non-Institutions held 4.14% and 67.97% respectively.

Selan Exploration Technology has received a letter from the Ministry of Petroleum and Natural Gas for extension of 10 years with effect from March 13, 2020 for the entire contract area measuring 5 sq. km of Lohar Field.

Selan Exploration Technology is a private sector listed company, engaged in oil exploration and production.

Selan Exploratn Tech Share Price

446.05 -9.50 (-2.09%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
ONGC 267.85
Oil India 600.10
Jindal Drilling&Inds 613.25
Hind Oil Exploration 178.85
Deep Industries 308.45
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