Duke Offshore has bagged two high speed crew transfer contracts with an international company operating in India. The first contract starts on October 15, 2018 and October 2, 2018.

The stock had underperformed the market over the past one month till Aug. 27, 2018, rising 1.49% compared with the Sensex's 3.64% rise. It underperformed the market in past one quarter, declining 39.27% as against 10.79% rise in the Sensex.

Shares of the company gained Rs 3, or 6.67%, to trade at Rs 48.00. The total volume of shares traded was 34,686 at the BSE (9.45 a.m., Tuesday).