Deep Industries

The buying on the counter came after the company entered into a memorandum of understanding (MoU) with Advait Greenergy Pvt Ltd (AGPl) to jointly bid for and execute green hydrogen project tenders

The brokerage noted that upstream players benefit from stronger realisations, while integrated players, such as Reliance, can be supported by stronger refining and petrochemical economics

According to the filing, Well Mori #5 is operated by Deep Industries under ONGC's production enhancement activities

Earlier in April, Deep Industries had announced that it had received a letter of award from ONGC for production enhancement operations in the Mature Fields at the Rajahmundry Asset

The uptick in Depp Industries share price came after the company announced that it has secured an order worth Rs 1,402 crore from Oil and Natural Gas Corporation (ONGC).

Deep Industries share price increased up to Rs 368.70 per share, zooming 5.26 per cent on the BSE in Friday's intraday deals

These 10 companies had fixed July 09 as the record date for a dividend payout of up to Rs 30 per share.

Stocks to watch on June 05: Deep Industries secured a letter of award from Oil and Natural Gas Corporation (ONGC), Kakinada, for hiring DPDU (GDU) for processing gas for 10 months

The stock rallied 20 per cent to Rs 170 on Thursday in early morning trade, surging 38 per cent in past three trading days on the BSE.

he stock trading at its 52-week low of Rs 107, has tanked 27% in past two trading sessions from Rs 147 on May 31, 2018

A combined 1.3 million shares or 3.9% of total equity of Deep Industries changed hands till 2:36 pm

The stock hit a record high of Rs 313, up 37% against qualified institutional placement price of Rs 228 per share

The stock zoomed 20% to Rs 298, also its 52-week high on the BSE, on back of heavy volumes

The order is from ONGC to provide natural gas compression services.