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Alphageo (India) shines on bagging contract worth Rs 17.52 crore from Oil India

14 Jan 2013 Evaluate

Alphageo (India) is currently trading at Rs. 49.95, up by 4.50 points or 9.90% from its previous closing of Rs. 45.45 on the BSE.

The scrip opened at Rs. 47.50 and has touched a high and low of Rs. 49.95 and Rs. 47.05 respectively. So far 23,763 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.85 on 22-Feb-2012 and a 52 week low of Rs. 39.25 on 01-Jun-2012.

Last one week high and low of the scrip stood at Rs. 49.00 and Rs. 44.85 respectively. The current market cap of the company is Rs. 26.00 crore.

The promoters holding in the company stood at 37.67% while Institutions and Non-Institutions held 0.21% and 62.12% respectively.

Alphageo (India) has bagged a contract worth Rs 17.52 crore from Oil lndia, Duliajan, Assam for provision of 3D Seisloop Seismic Data Acquisition in the state of Mizoram.

Alphageo (India) is engaged in providing seismic survey services to the oil exploration and production sector. Its comprehensive service range makes it possible for customers generally oil and gas exploration companies - to identify subterranean deposits with efficiency and effectiveness.

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