Deep Industries jumps 9% after winning ONGC contract worth ₹59 CrDeep Industries jumps 9% after winning ONGC contract worth ₹59 Cr

Introduction

Leading energy services company received Rs 59 crore ONGC order for gas compressor, dehydration and dew point services at Rajahmundry asset, with three year execution period.

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Share price movement of Deep Industries

On April 07, 2026, Deep Industries Ltd opened at ₹454.15, up 1.85% from its previous close of ₹445.90. The stock reached a high of ₹484.50 (8.65%) and a low of ₹442.05. By 11:47 AM, it traded at ₹473.00, a 6.08% increase, with a market cap of ₹3,027.20 crore.

Deep Industries Wins ₹59 Cr Order

Deep Industries Limited has received a Letter of Award from Oil and Natural Gas Corporation Limited for services at Malleswaram under ONGC Rajahmundry Asset, with estimated contract value Rs 59 crore.

The contract covers hiring services of natural gas compressor, gas dehydration, and hydrocarbon dew point depression systems for operations at Malleswaram field, awarded by ONGC as part of regular business activities.

The order is domestic in nature and will be executed over a period of three years. The contract involves no related party transactions and no promoter group interest.

Stock performance of Deep Industries for period of 1 week, 6 months, and 1 year

Deep Industries Ltd delivered a 1-week return of 3.51%, a 6-month return of -8.39%, and a 1-year return of 4.06%.

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Shareholding pattern of Deep Industries

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	63.50%	63.50%	63.50%
FII	1.70%	2.10%	1.50%
DII	1.10%	1%	1.20%
Public	33.70%	33.30%	33.90%

About Deep Industries

Deep Industries Ltd (NSE: DEEPINDS) provides oil and gas field services, including gas compression, drilling, workover, gas dehydration, and integrated project management services since incorporation in 1991.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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