Alphageo share value increased by 19% to Rs 128-crore

Alphageo share value increased by 19% to Rs 128-crore

Alphageo share value increased by 19% to Rs 128-crore:

Alphageo share: It is the largest integrated seismic service provider in the private sector and enjoys market leadership in the seismic survey. The company located in Hyderabad, India.

The share value of the company increased by 19%  on February 17 after the company bagged orders worth Rs 128 crore. The company got a Notification award (NOA) from Oil India against 3D seismic data acquisition and process service in the cluster-3 area of Odisha. The companies estimated contract value is around Rs 68.24 crore.

However, the company also got a contract worth Rs 60.35-crore in the field of 2D and 3D seismic data acquisition and processing services in the cluster-2 area Odisha. 

The companies share reached its 52-week high of Rs 547.50 reported on March 15, 2019. Whereas the company also reported its 52-week low of Rs 153.10 posted on August 7, 2019. However, the company is trading at 54.16% below its 52-week high. Whereas, the company trading at 63.95% above its 52-week low.

The Company on Monday reported a bullish trend, it gained 27.50 points with a 12.74% increase and reached 243.30 INR. While in BSE, it added 27.50 points with a 12.72% increase and reached 243.75 INR.

February 17th Stock Market, the market continued bearish trend today. The BSE Sensex traded with a loss of 202.05 points with a 0.49% decrease and reached 41,055.69 level. Whereas Nifty traded with a loss of 67.65 points with a 0.56% decrease and reached 12,045.80 level.

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