Great Offshore surged 4.79 per cent to close at Rs 480 after the company announced that its wholly owned subsidiary, Great Offshore International has taken delivery of a high-end modern anchor handling tug-cum-supply vessel.
The vessel is performing spot charter operations for Murphy Oil in Malaysia at around $47,000 a day. With this acquisition, the fleet of Great Offshore stands at 41 assets (2 drilling rigs, 27 diverse offshore support vessels, a marine construction barge and 11 harbour tugs).
The stock made an intraday high of Rs 491.40 and a low of Rs 460, with trading volumes of 6,45,536 shares, about 7.6 times the two-week average.
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