Deep Industries wins ₹83.81 Cr ONGC order for gas compression

1 min read     Updated on 21 Jun 2026, 02:21 AM
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Suketu GScanX News Team
AI Summary

Deep Industries secured a ₹83.81 crore order from ONGC for charter hiring services at Lakhmani GGS-5, Assam Asset, for three years. The transaction is in the ordinary course of business with no related party interest.

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Deep Industries has secured a Letter of Award worth approximately ₹83.81 crore from Oil and Natural Gas Corporation Limited for charter hiring services. The contract entails providing gas compression services at Lakhmani GGS-5 within the Assam Asset for a duration of three years. This award is part of the company's ordinary course of business and does not involve any related party transactions.

The order was issued by a domestic entity, confirming that the transaction falls within the standard operational scope for Deep Industries. The company explicitly stated that neither the promoter group nor group companies hold any interest in the entity awarding the contract. Furthermore, the transaction was conducted at arm's length and is not classified as a related party transaction.

Order Details

The following table outlines the key specifics of the contract awarded to Deep Industries:

Parameter Details
Client Oil and Natural Gas Corporation Limited
Nature of Order Charter hiring services for gas compression
Location Lakhmani GGS-5, Assam Asset
Duration Three (03) Years
Estimated Value ₹83.81 crore
Entity Type Domestic

The disclosure was submitted to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shilpa Sharma, Company Secretary & Compliance Officer, signed the intimation on June 20, 2026.

Historical Stock Returns for Deep Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.06%-3.29%+8.96%+10.33%+14.20%+1,114.59%

How will this new contract impact Deep Industries' revenue growth for the current fiscal year?

What are the potential margin implications for gas compression services in the Assam region?

Could this award lead to further opportunities with ONGC or other oil and gas companies?

Deep Industries to host investor meetings on June 23

0 min read     Updated on 19 Jun 2026, 03:23 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Deep Industries Ltd announced it will host one-on-one meetings with analysts and institutional investors on June 23, 2026, in Mumbai. Senior management will discuss business performance and strategy, and no unpublished price sensitive information will be shared.

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Deep Industries Ltd will host one-on-one meetings with analysts and institutional investors on June 23, 2026, in Mumbai. The senior management of the company will interact with market participants to discuss business performance and strategy. No unpublished price sensitive information is intended to be shared during these sessions.

The meeting is scheduled as a physical interaction in Mumbai. The company stated that the schedule remains subject to change due to exigencies on the part of analysts, investors, organizers, or the company itself.

Meeting Details

The following table outlines the schedule for the upcoming interaction:

Date of Meeting Mode of Meeting Type of Meeting
Tuesday, June 23, 2026 Physical in Mumbai One-on-One Meetings

The intimation regarding this schedule was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information will also be available on the company's official website.

Historical Stock Returns for Deep Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.06%-3.29%+8.96%+10.33%+14.20%+1,114.59%

What strategic initiatives is Deep Industries Ltd likely to prioritize in its discussions with investors?

How might the outcomes of these one-on-one meetings influence investor sentiment and stock performance?

Could there be any potential announcements regarding partnerships or expansions during these interactions?

More News on Deep Industries

1 Year Returns:+14.20%