India's Alphageo gain on ONGC contract for seismic data

Alphageo (India)

17/07/2023 06:24

** Alphageo's shares  ALPI.NS  rise 6.18% to a two-week high
of 294 rupees
    ** ONGC  ONGC.NS  gives the seismic data and services
provider a contract worth 393.3 mln rupees
    ** Contract for 3D seismic data in Ganga Basin in the states
of Uttar Pradesh and Bihar
    ** Trading volume at 10:41 am IST is 1.5x the 30-day avg
    ** Stock last up 5.5%, taking YTD gain to ~9.4% vs an 8.3%
rise in the Nifty 50 index  .NSEI 

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com ; +91 9769003463))