New Delhi, April 7 -- Small-cap stock Deep Industries gained 9.5% in Tuesday's session on April 6, reaching the day's high of Rs.487.50 apiece after the company secured a fresh order from Oil and Natural Gas Corporation (ONGC).
The company, in its regulatory filing on Monday, said that it had received a Letter of Award from ONGC for the hiring of services for natural gas compressors, gas dehydration, and HC dew-point depression at ONGC's Malleswaram field under the Rajahmundry Asset.
The company also stated that neither the promoter nor the promoter group companies have any interest in the entity that awarded the order. It further clarified that the order does not fall under related-party transactions.
This marks the company's second o...
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