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Energy stock jumps 9% after securing ₹865 Cr order from Vedanta

Prominent energy and mining service provider has bagged a ₹865 crore contract from Vedanta, with a project timeline of 57 months for integrated service execution.

Introduction:

Leading integrated service provider to the energy and mining sectors has secured a ₹865 crore service contract from Vedanta Limited, to be executed over 57 months, further expanding its long-term project portfolio.

Also Read: Agrochemical stock jumps 20% upper circuit after its net profits grows by 424% YoY

Share price movement of Asian Energy Services (AESL):

On July 28, 2025, Asian Energy Services Ltd opened at ₹308.05, up 8.08% from its previous close of ₹285.05. The stock hit a high of ₹317.70 and a low of ₹296.50. By 9:58 AM, it traded at ₹314.25, up 10.24%, with a market cap of ₹1,407.04 crore.

AESL Wins ₹865 Cr Contract from Vedanta:

Asian Energy Services Limited (AESL) has secured an Integrated Service Contract from Vedanta Limited. This company is a leading integrated service provider in the energy and mining sectors.

The contract is valued at approximately ₹865 crores, including GST. The project will be executed over a period of 57 months.

Stock performance of Asian Energy Services (AESL) for Period of 1 week, 6 months, and 1 year:

Asian Energy Services Ltd delivered a -5.41% return over the past week and declined by 6.29% in the past six months. The stock fell 12.7% over the past year.

Also Read: IT stock jumps 4.5% despite reporting decline in net profits; Announces ₹57 dividend

Shareholding pattern of Asian Energy Services (AESL):

ParticularsJun 2025Mar 2025Dec 2024
Promoter61.00%61.00%61.00%
FII2.30%2.40%2.30%
DII0.30%0.00%0.00%
Public36.40%36.50%36.60%
Others0.10%0%0.20%

About Asian Energy Services (AESL):

Asian Energy Services Limited (NSE: ASIANENE) provides integrated services across the upstream oil and gas value chain, including seismic data acquisition, O&M, production enhancement, and mining solutions, with diversified operations under Oilmax Energy Private Limited.

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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.

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जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है

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