Aban Offshore is currently trading at Rs. 304.35, up by 7.15 points or 2.41% from its previous closing of Rs. 297.20 on the BSE.
The scrip opened at Rs. 296.70 and has touched a high and low of Rs. 307.90 and Rs. 295.50 respectively. So far 1, 17,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 486.50 on 05-Oct-2012 and a 52 week low of Rs. 253.95 on 12-Apr-2013.
Last one week high and low of the scrip stood at Rs. 306.20 and Rs. 290.10 respectively. The current market cap of the company is Rs. 1,323 crore.
The promoters holding in the company stood at 54.11% while Institutions and Non-Institutions held 11.40% and 34.49% respectively.
Aban Offshore has received a Letter of Award (LOA) from ONGC for deployment of drillship Aban Ice for a firm period of 3 years. The total value of the LOA is approximately $185 million (equivalent to Rs 1,050 crore). The contract is expected to commence during the last quarter of calendar year 2013.
Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.
| Company Name | CMP |
|---|---|
| ONGC | 283.95 |
| Oil India | 470.10 |
| Jindal Drilling&Inds | 540.15 |
| Deep Industries | 476.90 |
| Asian Energy Service | 306.05 |
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