16 Jul 2019 | 6:39 PM


Asian Oilfield extends rally post bagging order; scrip jumps over 3%
  Asian Oilfield Services Ltd. | 16 Jul 2019 | 04:01 PM
Published on 02-27-2017
Shares of Asian Oilfield Services continued gaining momentum for the second day on Monday and rose over 3 per cent in early trade on the Bombay Stock Exchange after its subsidiary Asian Oilfield & Energy Services DMCC Dubai has signed a contract for providing operations and maintenance services (O&M) for an offshore production unit operating at EBOK field offshore Nigeria.

The total value of contract is about USD 95 million for a total period of 5 years (inclusive of client options).

Extending previous session rally shares of company gained as much as 3.59 per cent to hit intra-day high of Rs 176.00 apiece on the Bombay Stock Exchange.

Meanwhile the broader benchmark BSE Sensex was trading at 28930.04 up 37.07 points or 0.13 per cent at 10:20 hours.