Great Offshore gained 2.02% to Rs 419.50 at 12:24 IST on BSE after the company said it has bagged an engineering services contract worth Rs 284 crore from Oil & Natural Gas corporation.
The company made this announcement during trading hours today, 28 July 2008.
The stock hit a high of Rs 430 and a low of Rs 404 far during the day. The stock had a 52-week high of Rs 1149.95 on 8 January 2008 and a 52-week low of Rs 384 on 21 July 2008.
The company has an equity capital of Rs 38.12 crore. Face value per share is Rs 10.
The current price of Rs 419.50 discounts its Q4 March 2008 annualised EPS of Rs 44.48, by a PE multiple of 9.43.
The contract is to be executed by mid 2010.
Great Offshore’s net profit rose 41.4% to Rs 42.39 crore on 23.9% increase in net sales to Rs 184.98 crore in Q4 March 2008 over Q4 March 2007.
Great Offshore is an integrated offshore oilfield services provider, offering a broad spectrum of services to upstream oil and gas producers.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment