Deep Industries signs Rs 2.78 bn contract with ONGC
Source: IRIS | 29 Jun, 2015, 06.34PM
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Deep Industries announced that the company has signed the contract with ONGC worth Rs. 2.78 billion for hiring Gas Dehydration System for 5 production installations at their Rajahmundry Assets.  The duration of the afforesaid contract is for 3 years.
The company's primary objective is to cater the ever increasing demand for Oil and Gas Industry. Shares of the company declined Rs 2.5, or 3.14%, to settle at Rs 77.10. The total volume of shares traded was 23,136 at the BSE (Monday).
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