Alphageo shares jumped more than 14% after the company bagged two significant contracts from Oil and Natural Gas Corporation Limited (ONGC).
Key Details of the Contracts:
- Sector 1 – Chhattisgarh:
- Value: ₹38.29 crore
- Scope: 2D seismic data acquisition
- Completion Deadline: January 2026
- Sector 3A – Krishna-Godavari Basin:
- Value: ₹80.34 crore
- Scope: 2D seismic data acquisition
- Completion Deadline: May 2026
These contracts strengthen Alphageo’s position as a key player in India’s oil and gas exploration sector.
Alphageo shares opened at ₹375.50 today, reaching an intraday high of ₹430 and a low of ₹373.50. The stock remains well below its 52-week high of ₹521.80, but significantly above its 52-week low of ₹271.55.
As of 1:30 pm, Alphageo shares were trading 14.32% higher at Rs 427.00 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
