Offshore Expansion Plus 15-Year ONGC Deal: Why Investors Should Track This Oil & Gas Stock
India, Sept. 7 -- The business operates in the background of the oil and gas industry. The business does not depend on the price of crude directly like an exploration firm or a refinery would. On the contrary, the business offers the necessary equipment and services for drilling the well, processing the gas, and maximizing production. Thus, the potential is directly related to India's investments in domestic exploration and production.
Deep Industries shares closed at around Rs783. The company had a market capitalization of roughly Rs5,011 crore, with a 52-week range of Rs330-Rs798. The stock is currently trading very close to its 52-week high.
A Business Built Around the Oil & Gas Value Chain
The company provides services across a lar...
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