Great Offshore floats with ONGC pact
Tuesday, March 31, 2009 3:34 pm87,748 shares traded on Sensex. The stock saw a standard everyday volume of 79,746 shares in the last quarter.
The stock got an up of Rs.259.90 and a down of Rs.238 till now. The stock got a 52-week up of Rs.774.50 on 22nd May last year and a 52-week down of Rs.200 on 18th November last year.
The stock had declined 4.89% as opposed to the BSE’s 7.61% increase. It had achieved 8.36% as opposed to the BSE’s 1.52% drop.
The company’s present equity is Rs.37.14 crore.
The present price of Rs.250.40 slashes the company’s Quarter 3 December last year annualized EPS of Rs.62.16 by a PE manifold of 4.03.
The company has undertaken a 3-year charter pact with ONGC for 1 PSV and 2 AHTSVs. The pact will begin from April.
Great Offshore’s net gain increased 4.9% on 42.2% increase in net sales to Rs.275.83 crore Quarter 3 December 2008 over Quarter 3 December a year ago.
Great Offshore had declared that the promoters undertook over 55.27 lakh shares showcasing 14.88% of the equity wealth of the company. The total advertiser shareholding in the firm remained at 15.73% till last year on 31st December.
