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Deep Industries has received two orders worth ₹183.50 crore from ONGC. The orders are for deployment of 1,000 HP Drilling Rig for ONGC Ahmedabad Asset for a period of three years. The approximate value of each contract is ₹91.75 crore calculated at an exchange conversion rate of 70 rupees to the dollar, the company said in a release to the exchanges. The stock of Deep Industries jumped 9.62 per cent at ₹156.10 on the BSE.
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