The deployment is expected to commence during the financial year 2019-20.
Shares of Aban Offshore added 3.6 percent intraday Thursday after company received letter of award from ONGC.
The company received letter of award for the deployment of jack-up rings ABAN III and ABAN IV from ONGC for a firm period of three year each.
The deployment is expected to commence during the financial year 2019-20.
The share touched its 52-week high Rs 239.90 and 52-week low Rs 66.65 on 24 January, 2018 and 11 December, 2018, respectively.
Currently, it is trading 70.26 percent below its 52-week high and 7.05 percent above its 52-week low.
At 11:38 hrs Aban Offshore was quoting at Rs 71.55, up Rs 1.10, or 1.56 percent on the BSE.
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