Shares of ABS Marine shot up over 7% to hit a new all-time high of ₹397.50. What Happened: The massive surge comes as the company announced bagging an order from Oil & NaturalGas Corporation (ONGC). The order is for the charter hire of an offshore supply vessel. “The company has commenced a contract agreement with Oil & Natural Gas Corporation,” the company said in an exchange filing.The contract is worth around ₹102 crore and is valid for three years. The announcement saw the stock…
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Source: https://in.benzinga.com/content/39628774/micro-cap-stock-rocket-7-after-bagging-contract-from-ongc