Small-cap jumps 6% on ₹865cr Vedanta order : July 28, 2025
Following the acquisition of an Integrated Service Contract worth ₹865 crore from Vedanta,Asian Energy Services stock jumped by more than 17%.The 57-month deal highlights the company emphasis on growth and operational excellence in the energy industry.
After Vedanta Limited awarded Asian Energy Services a ₹865 crore Integrated Service Contract, the company shares surged more than 17% on Monday.
In its exchange filing, the company stated that the contract will be executed over a 57-month period. Asian Energy Services Limited’s managing director,Kapil Garg,stated that the company is honored to have won the Integrated Service Contract for field development and Operations & Maintenance (O&M) from Vedanta,a cherished and devoted customer.The trust built through dependable service and a dedication to operational excellence is demonstrated by this continuing cooperation.
For Asian Energy Services,integrated O&M remains a key area of concentration and a major development engine. The company’s reputation as a chosen partner in the energy sector is cemented by its ability to safely and effectively maintain vital infrastructure. According to Kapil Garg, this contract demonstrates the trust in our team’s capacity to perform reliably under trying and complicated circumstances.
The entire upstream value chain is covered by the comprehensive services offered by Asian Energy Services. In addition to mining solutions that include the supply and installation of Material Handling Plants and Rapid Loading Systems,Asian Energy Services also provides integrated oil and gas solutions,including 2D and 3D seismic geographic data acquisition,management and maintenance of onshore and offshore oil and gas production facilities, and production enhancement services.
The current share price of Asian Energy Services :
The NSE opened Asian Energy Services’ share price at ₹309.10 per share today.The stock had an intraday high of ₹334.90 per share and a low of ₹297.60 per share.
The share price of Asian Energy Services has been trading in a narrow range for the past 70 days,exhibiting obvious symptoms of consolidation,according to Anshul Jain,Head of Research at Lakshmishree Investments.
With volumes rising more than 2,218% over the 50-day average, which is a strong indicator of a possible breakthrough, today’s price action is attracting a lot of attention. The breakthrough will be confirmed and immediate upside objectives in the area of ₹395 to 425 would become available if there is a sustained rise above the ₹340–345 zone. Strong accumulation is indicated by the volume rise,and the stock may see a significant momentum-driven rebound soon if follow-through purchasing persists.
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