Deep Industries up 9% on ONGC orders

Shares of Deep Industries were in demand Friday after the company won an order worth Rs 22.99 crore from Oil and Natural Gas Corp for natural gas compressors.

MUMBAI: Shares of Deep Industries were in demand Friday after the company won an order worth Rs 22.99 crore from Oil and Natural Gas Corp for natural gas compressors.

According to a statement to the BSE, ONGC has awarded them two contracts worth Rs 22.99 crore. The Ankleshwar order is worth Rs 3.28 crore while the Mehsana contract is valued at Rs 19.71 crore.

At 11:45 am, the company���s shares were up 9.37 per cent at Rs 63.05 on the BSE.
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