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DEEPINDS — Deep Industries News Story

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India's Deep Industries rises on signing tripartite deed

** Deep Industries DEEI.BO rises as much as 3.9% to 459 rupees; on track to snap four sessions of losses

** Co enters tripartite deed of assignment with ONGC ONGC.NS, its unit Deep Exploration Services

** Adds deed will transfer ONGC contract to unit

** More than 110,000 shares traded vs 30-day moving avg of 152,354

** DEEI last up 1%, taking YTD losses to 19.3%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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