Oval Projects Engineering surges on bagging LoA worth Rs 13.23 crore [Infrastructure]
AI Summary1 min read
TL;DR
Oval Projects Engineering's stock surged after securing a Letter of Award worth Rs 13.23 crore. The company specializes in EPC and O&M services for the Oil & Gas sector across India.
Tags
Engineering - ConstructionInfrastructureOval Projects EngineeringOil & GasEPCO&M
The company is primarily an infrastructure services company engaged in the business of providing engineering, procurement and construction (EPC) industrial infrastructure services and operations and maintenance (O&M) services to its PAN India customers especially in the Oil & Gas sector. It focuses on upstream, midstream and downstream facility development activities in Oil and Gas sector, such as in processing plant, pipeline laying, horizontal directional drilling, terminal station, City Gas Distribution (CGS) work, O&M of PNG/PNG services and in other related EPC projects. It also provides O&M services for captive power plants.