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Asian Oilfield Services jumps on bagging order worth Rs 32 crore

18 Sep 2012 Evaluate

Asian Oilfield Services is currently trading at Rs. 25.75, up by 0.95 points or 3.83% from its previous closing of Rs. 24.80 on the BSE.

The scrip opened at Rs. 25.80 and has touched a high and low of Rs. 26.00 and Rs. 24.60 respectively. So far 3,360 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 54.25 on 20-Sep-2011 and a 52 week low of Rs. 21.05 on 30-May-2012.

Last one week high and low of the scrip stood at Rs. 28.90 and Rs. 24.25 respectively. The current market cap of the company is Rs. 39 crore.

The promoters holding in the company stood at 39.00% while Institutions and Non-Institutions held 5.81% and 55.19% respectively.

Asian Oilfield Services has bagged contract worth Rs 32 crore from Geo Enpro Petroleum for carrying out seismic data acquisition and processing in their operational block in Kharsang, Arunachal Pradesh. 

Recently, the company secured a contract for carrying out 2D Seismic data acquisition and processing services in Jambi Province on Sumatra Island in Indonesia for an approximate contract value of $4.20 million.

The company engaged in providing exploration services for oil and gas exploration companies in India. It has provided range of services to reputed national and multinational companies.

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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