Videocon Industries is currently trading at Rs. 178.05, up by 3.95 points or 2.27% from its previous closing of Rs. 174.10 on the BSE.
The scrip opened at Rs. 174.70 and has touched a high and low of Rs. 179.20 and Rs. 172.30 respectively. So far 26101 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 246.25 on 03-Dec-2012 and a 52 week low of Rs. 163.75 on 31-Jul-2013.
Last one week high and low of the scrip stood at Rs. 179.50 and Rs. 171.70 respectively. The current market cap of the company is Rs. 5690.07 crore.
The promoters holding in the company stood at 68.82% while Institutions and Non-Institutions held 12.15% and 10.86% respectively.
Videocon Industries’ wholly owned subsidiary, Videocon Energy Brazil has informed that Petrobras, Operator of the block SEAL-M-426 in BM-SEAL-11 Concession, Brazil, has completed a formation test on well 3-BRSA-1178D-SES (3-SES-176D), informally known as Farfan 1, the first to evaluate the production capacity of the accumulation located in the BM-SEAL-11 concession area, block SEAL-M-426, in the ultra-deep waters of the Sergipe-Alagoas Basin. The test evaluated 30 meters of turbidite sandstones formation and confirmed good reservoir characteristics featuring excellent productivity of good quality oil (38 degrees API).
The well is 104 km off the city of Aracaju, some 5 km from the discovery well (BRSA-1083) and at a water depth of 2,476 meters. This formation test, conducted at a depth of 5,609 meters, is a continuation of the operations carried out in the area as released to the market on August 9. Petrobras will proceed with other activities as soon as the Discovery Evaluation Plan submitted to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) is approved.
Petrobras is the operator of the concession BM-SEAL-11 with 60% interest in partnership with IBV Brazil (a 50:50 Joint Venture Company, formed by wholly owned subsidiaries of Bharat PetroResource and Videocon Industries) holding the remaining 40%.
The scrip opened at Rs. 174.70 and has touched a high and low of Rs. 179.20 and Rs. 172.30 respectively. So far 26101 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 246.25 on 03-Dec-2012 and a 52 week low of Rs. 163.75 on 31-Jul-2013.
Last one week high and low of the scrip stood at Rs. 179.50 and Rs. 171.70 respectively. The current market cap of the company is Rs. 5690.07 crore.
The promoters holding in the company stood at 68.82% while Institutions and Non-Institutions held 12.15% and 10.86% respectively.
Videocon Industries’ wholly owned subsidiary, Videocon Energy Brazil has informed that Petrobras, Operator of the block SEAL-M-426 in BM-SEAL-11 Concession, Brazil, has completed a formation test on well 3-BRSA-1178D-SES (3-SES-176D), informally known as Farfan 1, the first to evaluate the production capacity of the accumulation located in the BM-SEAL-11 concession area, block SEAL-M-426, in the ultra-deep waters of the Sergipe-Alagoas Basin. The test evaluated 30 meters of turbidite sandstones formation and confirmed good reservoir characteristics featuring excellent productivity of good quality oil (38 degrees API).
The well is 104 km off the city of Aracaju, some 5 km from the discovery well (BRSA-1083) and at a water depth of 2,476 meters. This formation test, conducted at a depth of 5,609 meters, is a continuation of the operations carried out in the area as released to the market on August 9. Petrobras will proceed with other activities as soon as the Discovery Evaluation Plan submitted to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) is approved.
Petrobras is the operator of the concession BM-SEAL-11 with 60% interest in partnership with IBV Brazil (a 50:50 Joint Venture Company, formed by wholly owned subsidiaries of Bharat PetroResource and Videocon Industries) holding the remaining 40%.
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