ABG Shipyard sails on bagging $440 mn order

DALAL STREET SPIKES

ABG is the second Indian shipbuilder to venture into rig building on the back of a strong demand for such equipment from oil and gas explorers. The stock hit a 52-week high of Rs 1,045 on November 30, 2007 and a 52-week low of Rs 295.20 on July 2 this year.