Meanwhile, the S&P BSE Sensex was up 392.83 points, or 1.06% to 37,446.93.
On the BSE, 33,000 shares were traded in the counter so far compared with average daily volumes of 13,000 shares in the past two weeks. The stock had hit a high of Rs 135 and a low of Rs 126 so far during the day. The stock hit a 52-week high of Rs 178.70 on 11 April 2018. The stock hit a 52-week low of Rs 79.10 on 6 July 2018.
The contract is for charter hiring of one 1000-HP mobile drilling rig for ONGC Ahmedabad asset for a period of 3 years. The total estimated value of the said award is approximate Rs 91.75 crore.
Net profit of Deep Industries declined 18.34% to Rs 15.01 crore on 19.11% decline in net sales to Rs 60.39 crore in Q3 December 2018 over Q3 December 2017.
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