Alphageo India jumps on ONGC contract wins

Alphageo (India)

16/01/2020 08:31

** Shares of seismic survey services provider Alphageo India
 ALPI.NS  rise as much as 10%, hitting an upper circuit
    ** Shares hit their highest since Oct. 31, 2019 at 199.90
rupees
    ** Co says it received two contracts worth 432.3 million
rupees ($14,106.36) and 687.5 mln rupees from Oil and Natural
Gas Corp  ONGC.NS   urn:newsml:reuters.com:*:nFWN29K0WF
    ** About 111,000 shares change hands, versus the 30-day avg
of about 7,700

($1 = 70.8900 Indian rupees)

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8067496031); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))