Monday, November 24, 2008

Company Announced The Fuels Recovery In Alphageo - Nov 24, 2008

The company announced the order win during trading hours today, 24 November 2008.Meanwhile, the BSE Sensex was down 173.69 points, or 1.95%, to 8,741.52.On BSE, 6836 shares were traded in the counter. The stock had an average daily volume of 4,246 shares in the past one quarter.The stock hit a high of Rs 110 and a low of Rs 104 so far during the day. The stock hit a 52-week high of Rs 1078.80 on 9 January 2008 and a 52-week low of Rs 103.80 on 20 November 2008.

The small-cap stock had underperformed the market over the past one month till 21 November 2008, declining 37% as compared to the Sensex's decline of 16.55%. It had also underperformed the market in the past one quarter, declining 71.66% as compared to the Sensex's decline of 37.41%.

The company's current equity is Rs 5.12 crore. Face value per share is Rs 10.

The company has bagged an order worth 43.69 crore from Oil & Natural Gas Corporation (ONGC) for acquisition of seismic data in Nagaland.

Alphageo India reported a net loss of Rs 0.70 crore in Q2 September 2008 as compared to net profit of Rs 5.82 crore in Q2 September 2007. Total income fell 99.1% to Rs 0.19 crore in Q2 September 2008 over Q2 September 2007.

The company provides seismic data services. The services of the company include seismic data acquisition, seismic data interpretation and seismic data processing.

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