Stocks

Alphageo receives contract from ONGC

| Updated on January 16, 2020 Published on January 16, 2020

Alphageo (India) has received a contract from Oil and Natural Gas Corporation, Jorhat. The Notification of Award is for acquisition of 3D seismic data through outsourcing for the Bogapha Syncline area of A&AA Basin for an estimated contract value of ₹43.23 crore (exclusive of taxes); and acquisition of 3D seismic data through outsourcing for Tichna Area of A&AA Basin for an estimated contract value of ₹68.75 crore (exclusive of taxes). Shares of Alphageo jumped 10 per cent at ₹201.45 on the BSE.

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Published on January 16, 2020
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