Dolphin Offshore Enterprises bags order worth Rs 58 Crore

by khalid on 19/03/2011 · 0 comments

Dolphin Offshore Enterprises (India) Limited has informed the share market (BSE/NSE) that it has bagged an order from Shipping Corporation of India. The company has become the subcontractor of Shipping Corporation of India for providing diving services on board ONGC’s two Multi Support Vessels (MSVs), SAMUDRA SEVAK and SAMUDRA PRABHA and one Geo Technical Vessel (GTV) SAMUDRA SARVEKSHAK.

The value of these orders is Rs 58 crore and has to be completed in 12 months from the work allotment date with SCI having option to Extend it for further 18 months on the same terms and conditions; taking the total potential contract value up to Rs 145 crore over a period of 30 months.

Share’s Data :-
BSE Code : 522261
Mkt. Cap : 241.42 Crore
Dolphin Offshore Enterprises (India) Ltd. share’s CMP is Rs 143.70 on 18th Mar 2011.

Stay tuned to BelltheBull Blog for more news on Dolphin Offshore Enterprises (India) Limited !

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