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Deep Industries Limited stock rises 3.30%, securing a Rs 88.15 crore gas compression services contract from ONGC

08-Sep-26 14:47Hrs IST

Deep Industries Ltd. is up 3.30% to Rs 812.4, extending a recent rally that has seen the stock rise 22.17% over the last week.

Deep Industries Limited announced it has received a Letter of Award from Oil and Natural Gas Corporation Limited for the hiring of Gas Compression services at Balol GGS -1, Mehsana asset, with a total estimated value of approximately Rs 88.15 crores, for a period of three years. The company noted that this award, a domestic contract, falls within the ordinary course of business and does not involve any related party transactions or interest from promoters.

Trading volume reached 7.02 lakh shares today, a surge of 110.68% compared to the average volume over the last one week. Deep Industries Ltd. surged 51.57% year-over-year, outperforming the NIFTY50 index's 4.01% loss.

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