SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian Oilfield Services shines on securing Rs 640 crore seismic data acquisition work

17 Dec 2019 Evaluate

Asian Oilfield Services is currently trading at Rs. 106.85, up by 2.25 points or 2.15% from its previous closing of Rs. 104.60 on the BSE.

The scrip opened at Rs. 108.70 and has touched a high and low of Rs. 109.40 and Rs. 104.30 respectively. So far 33746 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 115.50 on 05-Dec-2019 and a 52 week low of Rs. 61.10 on 18-Mar-2019.

Last one week high and low of the scrip stood at Rs. 115.25 and Rs. 101.75 respectively. The current market cap of the company is Rs. 411.20 crore.

The promoters holding in the company stood at 59.61%, while Institutions and Non-Institutions held 0.14% and 40.25% respectively.

Asian Oilfield Services has received a Letter of Award (LOA) for acquisition of 20 and 30 seismic data of oil blocks located in Rajasthan and Gujarat state from a reputed oil and gas company in India. The total value of the LOA received is about Rs 640 crore (inclusive of GST).

The term of LOA is two years. The company will perform services pursuant to issuance of call out notice for respective block/area. The actual volume and value of work along with duration will be subject to issuance of call out notice. The company has accepted the LOA and is in process of finalizing the terms and conditions for signing the contract post this issuance of LOA.

Asian Oilfield Services provides range of services to reputed national and multinational companies. The company banks on the rich experience of well qualified professionals for providing seismic data acquisition, processing and Interpretation services.

Asian Energy Service Share Price

300.65 6.75 (2.30%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 286.55
Oil India 470.95
Jindal Drilling&Inds 538.75
Deep Industries 456.45
Asian Energy Service 300.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×