Alphageo gets Rs 44 cr contract from ONGC

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Alphageo gets Rs 44 cr contract from ONGC

This article was posted on Nov 24, 2008 and is filed under Stock News

Alphageo (India) today said it has bagged an order worth Rs 43.69 crore to provide seismic data to state-run ONGC. The company has bagged the contract over a period of two seasons in Nagaland, Alphageo said in a filing to the Bombay Stock Exchange.

“The letter-of-award dated November 21 has been issued to the company,” the company said.

Shares of the Alphageo (India) were trading at Rs 108.80, on the BSE.

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