Garware Offshore gets Rs13 cr order; stocks fall

Garware Offshore Services' anchor handling tug cum supply vessel, M.V. Mahananda, has been awarded 3-year contract by an exploration & production company.

MUMBAI: Garware Offshore Services' anchor handling tug cum supply vessel, M.V. Mahananda, has been awarded 3-year contract by an exploration & production company. The vessel will be deployed on the west coast of India. The value of the contract will be approx Rs 13.10 crores per annum.

The stock was at Rs 139.10, down 1.21 per cent on the BSE. It touched a high of Rs 142.20 and low of Rs 138 in trade so far.
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