Shares of Alphageo India, a service provider to oil exploration and production sector, were locked in upper circuit of 20 per cent at Rs 792.10 today on the back of heavy volumes.
Including today's gain, shares of Alphageo have soared 62 per cent in the last three trading sessions from Rs 487.65.
Hyderabad-based Alphageo on Tuesday said that it has received order worth Rs 1,482 crore from ONGC. The company in a statement issued to the stock exchanges said that "the order is for acquisition of 2D seismic data in un-appraised on land areas of Indian sedimentary basins of India as a part of the National Seismic Program by March 2019.
As of 10:17 a.m., shares of Alphageo were locked in upper circuit of 20 per cent at Rs 792.10, outperforming Nifty which was trading on a flat note.
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