Alice Blue Home
URL copied to clipboard

Trending News

Deep Industries jumps 9% after winning ONGC contract worth ₹59 Cr

Deep Industries Limited received Rs 59 crore order from ONGC for natural gas compressor, gas dehydration and dew point systems at Rajahmundry asset. Execution period three years.
Deep Industries jumps 9% after ₹59 Cr ONGC contract

Introduction

Leading energy services company received Rs 59 crore ONGC order for gas compressor, dehydration and dew point services at Rajahmundry asset, with three year execution period.

Alice Blue Image

Also Read: Nykaa’s parent FSN E-Commerce posts strongest growth in 12 quarters in Q4 FY26

Share price movement of Deep Industries

On April 07, 2026, Deep Industries Ltd opened at ₹454.15, up 1.85% from its previous close of ₹445.90. The stock reached a high of ₹484.50 (8.65%) and a low of ₹442.05. By 11:47 AM, it traded at ₹473.00, a 6.08% increase, with a market cap of ₹3,027.20 crore.

Deep Industries Wins ₹59 Cr Order

Deep Industries Limited has received a Letter of Award from Oil and Natural Gas Corporation Limited for services at Malleswaram under ONGC Rajahmundry Asset, with estimated contract value Rs 59 crore.

The contract covers hiring services of natural gas compressor, gas dehydration, and hydrocarbon dew point depression systems for operations at Malleswaram field, awarded by ONGC as part of regular business activities.

The order is domestic in nature and will be executed over a period of three years. The contract involves no related party transactions and no promoter group interest.

Stock performance of Deep Industries for period of 1 week, 6 months, and 1 year

Deep Industries Ltd delivered a 1-week return of 3.51%, a 6-month return of -8.39%, and a 1-year return of 4.06%.

Alice Blue Image

Also Read: Jindal Steel achieves global first with coal gasification-based DRI plant

Shareholding pattern of Deep Industries

ParticularsDec 2025Sep 2025Jun 2025
Promoter63.50%63.50%63.50%
FII1.70%2.10%1.50%
DII1.10%1%1.20%
Public33.70%33.30%33.90%

About Deep Industries

Deep Industries Ltd (NSE: DEEPINDS) provides oil and gas field services, including gas compression, drilling, workover, gas dehydration, and integrated project management services since incorporation in 1991.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Deep Industries Ltd share price rising today?

A: Deep Industries Ltd share price increased after securing Rs 59 crore ONGC order for gas compression, dehydration and dew point services, with three year execution period.

Q: What is Deep Industries Ltd’s main business focus?

A: Deep Industries Ltd focuses on oil and gas field services, including gas compression, drilling, workover operations, gas dehydration, and integrated project management services.

Q: What are the 52-week high and low of Deep Industries Ltd stock?

A: Deep Industries Ltd stock has a 52 week high of Rs 578.00 and a 52 week low of Rs 326.85.

Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News

*T&C apply