Deep Ind bags ₹47.78 cr contract from Vedanta

Deep Industries has received a letter of award from Vedanta for providing a workover rig for a primary period of three years. The total estimated value of the award is ₹47.78 crore. While shares of Deep Industries gained 0.93 per cent at ₹151.25 on the BSE, those of Vedanta edged down 0.5 per cent at ₹280.95.