Bengaluru, Aug. 14 -- This Penny stock under Rs. 15, engaged in providing oil and gas field services, including workover rigs, pumping units, compressors, steaming units, manpower, and maintenance services, jumped 4 percent after securing a five-year contract worth Rs. 50 crore from Oil & Natural Gas Corporation Limited (ONGC).

With a market capitalization of Rs. 107.22 crores, the share of Aakash Exploration Services Limited has reached an intraday high of Rs. 10.76 per equity share, rising nearly 3.5 percent from its previous day's close price of Rs. 10.40. Since then, the stock has retreated and is currently trading at Rs. 10.59 per equity share.

What is the news?

Aakash Exploration Services Limited has announced that it has receive...