Seamec Shares Rally on Rs 411 Crore ONGC Order for Samudra Sevak O&M

• Seamec secured a contract worth Rs 411 crore (Rs 4,10,74,12,440) from ONGC.
• The order is for operation & maintenance (O&M) services for ONGC's MSV "Samudra Sevak".
• The contract was awarded to a consortium of SEAMEC and Supreme Hydro for a tenure of 738 days.
• In February, Seamec's vessel SEAMEC PRINCESS was charter-hired for US$ 0.46 million for ONGC oilfields.
• Seamec's share price has surged over 54 percent in the last nine months.