{"id":96608,"date":"2023-03-22T12:27:00","date_gmt":"2023-03-22T06:57:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=96608"},"modified":"2023-03-22T13:14:32","modified_gmt":"2023-03-22T07:44:32","slug":"stock-jumps-9-after-it-bags-order-worth-165-crores-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-it-bags-order-worth-165-crores-check-the-details\/","title":{"rendered":"Stock jumps 9% after it bags order worth \u20b9 165 crores; Check the details \u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2356131635\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Asian Energy Services rallied 9.92% on Wednesday\u2019s early trades after the company bagged an order worth \u20b9 165 crores for the operation and maintenance of a floating production storage and offloading system in Puducherry. At 12:02 PM, its shares were trading at \u20b9 104.55 up 6.41%.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1912316940\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>According to an exchange filing, the company has received a Letter of Award (LOA) from Svetah Energy Infrastructure FZE, UAE for the operations and maintenance works (O&amp;M) of the floating production storage and offloading system (FPSO) named Svetah Venetia, to be deployed for the production of oil and gas in the offshore area of contract (PY-3 Field) located near Puducherry on the east coast of India.&nbsp;<\/p><p>The estimated value of the project is around 20 million USD (\u20b9 165 crores). The primary term is proposed to be 5 years commencing from the date of readiness of Svetha Venetia to receive hydrocarbons from the PY_3 field.&nbsp;<\/p><p>This order is the third of its kind and the company has achieved a key milestone with this LOA to emerge as a dependable and cost-efficient service partner for the O&amp;M of production facilities for the oil and gas industry.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3858890232\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>With a market capitalization of \u20b9 370.00 crores, Asian Energy Services is a micro-cap company. It is an oil field service and reservoir imaging company, offering a suite of geophysical services. The company has a return on equity of 17.44% and an ideal debt-to-equity ratio of 0.09.&nbsp;<\/p><p><strong>Written by Simran Bafna&nbsp;<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2044691140\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Asian Energy Services rallied 9.92% on Wednesday\u2019s early trades after the company bagged an order worth \u20b9 165 crores for the operation and maintenance of a floating production storage and offloading system in Puducherry. At 12:02 PM, its shares were trading at \u20b9 104.55 up 6.41%.&nbsp; According to an exchange filing, the company [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":26353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31],"tags":[],"class_list":["post-96608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps 9% after it bags order worth \u20b9 165 crores; Check the details \u00a0 - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-it-bags-order-worth-165-crores-check-the-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps 9% after it bags order worth \u20b9 165 crores; Check the details \u00a0\" \/>\n<meta property=\"og:description\" content=\"Shares of Asian Energy Services rallied 9.92% on Wednesday\u2019s early trades after the company bagged an order worth \u20b9 165 crores for the operation and maintenance of a floating production storage and offloading system in Puducherry. At 12:02 PM, its shares were trading at \u20b9 104.55 up 6.41%.&nbsp; According to an exchange filing, the company [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-it-bags-order-worth-165-crores-check-the-details\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-22T06:57:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-22T07:44:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/index-4-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/index-4-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-it-bags-order-worth-165-crores-check-the-details\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-it-bags-order-worth-165-crores-check-the-details\/\",\"name\":\"Stock jumps 9% after it bags order worth \u20b9 165 crores; 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