Alphageo (India) shares were locked in the 5% upper circuit in the morning trade on Tuesday after the company received a Rs 131.63 crore contract from Oil India Limited for seismic data acquisition in the Ganga-Punjab Basin. The project is set to be completed in June 2026.

The order, worth ₹131.63 crore, involves conducting seismic data acquisition operations to aid in the exploration of hydrocarbons in the Ganga-Punjab Basin. This project will greatly benefit India’s domestic oil and gas exploration activities.

Disclaimer: Stock market investments are subject to market risks. The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any losses incurred based on the information provided in this article.

TOPICS: Share Market