Alphageo rises 4% on contract wins from Mineral Exploration Corporation
Date: July 26, 2019
Shares of Alphageo (India) rose 4 percent intraday July 23 after company received contract from The Mineral Exploration Corporation.
The company has received an initial contract for carrying out gravity, magnetic & resistivity survey for manganese ore in Rengali Block, Odisha with an estimated contract value of Rs 0.72 crore (exclusive of taxes) from The Mineral Exploration Corporation.
At 11:33 hrs Alphageo (India) was quoting at Rs 347.40, up Rs 12, or 3.58 percent on the BSE.
The share touched its 52-week high Rs 720.10 and 52-week low Rs 326.05 on 01 August, 2018 and 22 July, 2019, respectively.