Alphageo India Ltd. receives contract of Rs. 0.72 crore

Pursuant to its diversification into the Gravity, Magnetic & Resistivity Survey, Alphageo (India) ltd., 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 INR. 0.72 Cr (exclusive of taxes) from The Mineral Exploration Corporation Limited.

Alphageo (India) Ltd. is engaged in providing seismic data acquisition services to the oil exploration and production sector, with receipt of this order the company is diversifying into Mineral Exploration segment as it would open up new avenues for the Company and benefit it in the long run.

EQUITYBULLS