Small Cap Energy Sector Company Receives LoA Approx. Rs 108 Cr From ONGC

1	name of the entity awarding the order(s)/contract(s);	Oil and Natural Gas Corporation Limited ("ONGC")
2	significant terms and conditions of order(s)/contract(s) awarded in brief;	The Company shall provide HP Compressors comprising of two running and one Standby unit.
3	whether order(s) / contract(s) have been awarded by domestic/ international entity;	Domestic Entity
4	nature of order(s) / contract(s);	Charter Hiring of HP compressors at GCP Geleki , Assam.
5	whether domestic or international;	Domestic
6	time period by which the order(s)/contract(s) is to be executed;	3 (Three) Years from the date of mobilization.
7	broad consideration or size of the order(s)/contract(s);	Approximately INR 108 crores.
8	whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof;	No
9	whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at "arms length".	No

Deep Industries' shares on Friday last traded at Rs 256.45 apiece on the BSE. Stock declined 1.10% in 1 week, and 7.50% in 1 month. It gained 88.87% in 6 months, and 90.81% in 1 year. It has given 235.01% robust return in 2 years. Its market cap is Rs 1,641.28 Crore.

The stock hit 52-week high on Aug 23, 2023, at Rs 281.60 apiece and 52-week low on Sept 30, 2022, at Rs 115 apiece.

Deep Industries Ltd. (DIL) is a leading solution provider in the Energy sector. DIL is specialized in providing Air and gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also has expertise in Integrated Project Management Services. It is a small-cap company.