India's Asian Energy jumps as holding co wins 20-year mining lease

Asian Energy Services

21/03/2023 04:20

** Shares of Asian Energy Services  ASIE.NS  rise as much as
9.6% to 97.9 rupees, their highest since Aug 10, 2022
    ** The energy service firm says holding co Oilmax Energy was
granted a 20-year mining lease for crude oil and natural gas
from Gujarat
    ** Shares mark sharpest intraday gain since March 9, set for
a second straight day of gains
    ** More than 100,000 shares change hands in early trade vs
30-day avg of 241,527 shares
    ** Stock up 22.6% this year, as of last close
    

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))