Alphageo surges 5% on new order

04th September 2012 11:18 AM

Alphageo (India) surged on Tuesday after it announced that Alphageo DMCC, its Dubai-based subsidiary bagged order worth USD 10 million in Myanmar.Alphageo DMCC, Dubai, is a step down 100% subsidiary of Alphageo (India). It has been awarded a contract for provision of 2D Land Seismic Services by PETRONS in Myanmar. The contract is valued at an estimated USD 10 million.Shares ofthe companyare trading at Rs 46.20, up Rs 2.2, or 5% at the Bombay Stock Exchange (BSE) on Tuesday at 10:21 a.m.The scrip has touched an intra-day high of Rs 46.20 and low of Rs 46.20. The total volume of shares traded at the BSE is 1,450.In the earlier session, the shares gained 1.5%, or Rs 0.65, at Rs 44. Currently, the stock is trading down 58% from its 52-week high of Rs 110 and above 17.71% over the 52-week low of Rs 39.25.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 42.15 1.85 4.39 1 Month 45.00 (1.00) (2.22) 3 Months 42.55 1.45 3.41 6 Months 63.70 (19.70) (30.93) 1 Year 100.00 (56.00) (56.00) Note: Based on previous day closing price.
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