Standard Post with Image

Deep Inds Surges 5% on Inking Pact With Indonesia for CBM Blocks

  • Deep Industries surged on Monday after company announced on Friday it has signed contract with Government of Indonesia awarding Coal Bed Methane (CBM) blocks at Indonesia for exploration of gas for the period of 30 years.Shares of the company are trading at Rs 64.75, up Rs 3.2, or 5.20% at the Bombay Stock Exchange (BSE) on Monday at 10:47 a.m.

  • GMB Melak Mendung III - Auction Winners: Deep Industries consortium - Monnet Ispat & Engery. The Melak Mendung III Block of the East Kalimanthan Basin has a total area of 995.7 Sq.Km.The scrip has touched an intra-day high of Rs 66.90 and low of Rs 62.50. The total volume of shares traded at the BSE is 41,235.In the earlier session, the shares rose 1.65%, or Rs 1, at Rs 61.55. Currently, the stock is trading down 29.16% from its 52-week high of Rs 91.40 and above 23.8% over the 52-week low of Rs 52.30.

Share Price Movement

Period

Price
in Rs

Gain/(Loss)

in Rs

in %

1 Week

66.00

(4.45)

(6.74)

1 Month

64.30

(2.75)

(4.28)

3 Months

62.40

(0.85)

(1.36)

6 Months

82.75

(21.20)

(25.62)

1 Year

60.30

1.25

2.07

Note: Based on previous day closing price.

Source