Alphageo shares up 1.47% as Nifty tumbles

New Delhi: Shares of Alphageo (India) traded 1.47 per cent up in Thursday's afternoon trade at 02:53 pm. Around 47,831 shares changed hands on the counter. The stock opened at Rs 136.0 and touched an intraday high and low of Rs 147.0 and Rs 135.0, respectively, in the session so far.

The company has received a contract from Oil India for 2D and 3D Siesmic data acquisition, processing services in OALP areas, Mahanadi basin, Odisha.

The stock quoted a 52-week high of Rs 549.95 and a 52-week low of Rs 128.55.


Financials
Alphageo (India), incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 87.74 crore) operating in Gas & Petroleum sector.

The company reported net profit after tax of Rs 6.91 crore for the quarter ended 31 December, 2019. For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 65.16 crore, up 1258.03 per cent from last quarter Sales of Rs 4.80 crore and down 29.09 per cent from last year same quarter Sales of Rs 91.89 crore.

Alphageo (India) key Products/Revenue Segments include Seismic Survey Operations which contributed Rs 429.44 crore to Sales Value (100.00 per cent of Total Sales) for the year ending 31-Mar-2018.

Promoters holding
Promoters held 45.22257 per cent stake in the company as of Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of 3.14 and price to book value of 0.32.