Alphageo (India) Limited — New Orders, 16-12-2024: Bagging/Receiving of orders/contracts

Alphageo (India) Limited has received significant contracts from Oil and Natural Gas Corporation Limited for 2D Seismic Data Acquisition. The contract in Sector 1: Chhattisgarh is valued at ₹38.29 crore, with an execution timeline set for January 2026. Additionally, the company secured a contract for Sector 3A: Krishna-Godavari, worth ₹80.34 crore, expected to be completed by May 2026. These contracts position Alphageo favorably in the seismic data acquisition market, potentially enhancing revenue streams and operational capabilities in the coming years. Investors should watch closely as these projects unfold, as they could provide substantial growth opportunities, reaffirming the firm's strategic direction in the oil and gas sector.