The company said it has entered into a Charter Party with Technip France, Abu Dhabi for her deployment in Dubai Offshore for a Firm period of 120 days with option for extension.
The Charter Hire is likely to commence around end April, 2014. The contract value during the firm period would be around $6.8 million, the company said.
The stock opened at Rs 104 and hit a 52-week high of Rs 116 on the BSE. A combined 983,000 shares changed hands on the counter till late noon deals on the BSE and NSE.
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