ISMT wins two contracts from ONGC

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ISMT wins two contracts from ONGC

(20 second reading) ISMT is awarded two contracts from ONGC. The contracts, which were received on April 12th, are for the supply of regular casing pipes and have a total value of approximately Rs 343.72 crore. The contracts are expected to be executed between April 11, 2024 and February 13, 2025. As of 9:49 am, ISMT was quoting at Rs 99.25, up by Rs 2.98 or 3.10% on the BSE.
Currently, the stock is trading 11.57 percent below its 52-week high and 45.74 percent above its 52-week low.

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