Alphageo Shares Rise After Subsidiary Wins ₹34.98 Crore Contract from Oil India

Mumbai, September 26 (Udaipur Kiran News). Shares of Alphageo (India) Ltd gained nearly 2% in Thursday’s trade after its subsidiary Alphageo Offshore Services (AOSPL) secured a contract from Oil India for seismic data acquisition work.

Alphageo

The stock was trading at ₹256.25, up ₹4.60 (1.83%) from its previous close of ₹251.65 on the BSE. During the session, it touched an intraday high of ₹262.00 and a low of ₹254.85.

The company’s market capitalisation currently stands at ₹160.17 crore. Over the past 52 weeks, the scrip has hit a high of ₹521.80 (26-Dec-2024) and a low of ₹216.50 (28-Mar-2025).

Promoter shareholding in Alphageo stands at 45.99%, while institutions hold 1.87% and non-institutional investors own 52.13%.

Contract details

Alphageo’s subsidiary AOSPL has bagged a ₹34.98 crore contract (plus applicable taxes) from Oil India for 2D and 3D seismic data acquisition in Gujarat. The project is to be executed by May 2026.

Alphageo (India) provides seismic survey services for the oil exploration and production sector, catering to major public and private players in India’s energy industry.

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