Asian Oilfield Services surges with arm entering into agreement deed of $4 million

Asian Oilfield Services surges with arm entering into agreement deed of $4 million

by admin- Wednesday, December 5th, 2018 05:53:06 PM

Asian Oilfield Services is currently buying and selling at Rs. 89.20, up by 1.70 factors or 1.94% from its previous final of Rs. 87.50 on the BSE.

The scrip opened at Rs. 89.95 and has touched a excessive and coffee of Rs. Ninety one.00 and Rs. 87.Ninety respectively. So far 10506 stocks have been traded at the counter.

The BSE institution ‘X’ inventory of face fee Rs. 10 has touched a fifty two week excessive of Rs. 297.45 on 10-Jan-2018 and a 52 week low of Rs. 69.00 on 21-Nov-2018.

Last one week high and low of the scrip stood at Rs. 92.20 and Rs. 74.10 respectively. The contemporary market cap of the enterprise is Rs. 335.63 crore.

The promoters retaining in the organization stood at fifty nine.61%, while Institutions and Non-Institutions held zero.17% and 40.21% respectively.

Asian Oilfield Services’ thoroughly owned subsidiary–Asian Oilfield & Energy Services DMCC (ADMCC) has entered right into a Settlement Deed of $4 million as final agreement quantity with Koral Energy International for restoration of monies due below the Service Contract.

Earlier, the organization’s subsidiary ADMCC had obtained an alleged termination word from Koral Energy International bearing on the Service Contract for Operations & Maintenance, dated February 17, 2017 (Service Contract).

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