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Deep Industries secures order worth Rs 91.75 crore from ONGC

14 Mar 2019 Evaluate

Deep Industries has received order worth Rs 91.75 crore from ONGC. The order is for deployment of 1 number of 1,000 HP Drilling Rig for ONGC Ahmedabad Asset for a period of 3 years.

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 234.55
Oil India 455.10
Jindal Drilling&Inds 529.65
Deep Industries 648.90
Asian Energy Service 407.05
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