Garware Offshore's subsidiary bags Rs 49 cr contract

MUMBAI: Global Offshore Services’ vessel M.V.Beaucephalus has been awarded a four year contract in Brazil. The approximate annual value of the contract is Rs 49 crores. The company is a wholly owned subsidiary of Garware Offshore Services.

The stock was at Rs 112.90, down 0.35 per cent on the NSE. It touched a high of Rs 114.40 and low of Rs 111.35 in trade so far.