THIS small-cap stock soars 10% to hit the upper circuit after bagging a contract from Reliance Industries
2 weeks ago

THIS small-cap stock soars 10% to hit the upper circuit after bagging a contract from Reliance Industries

Live Mint  

A small-cap stock, South West Pinnacle, surged as much as 10 per cent to hit its upper circuit of ₹165.27 in opening deals on the NSE on Wednesday, January 1, after it announced it won a contract of ₹158 crore for CBM production from Reliance Industries. South West Pinnacle Exploration provides end-to-end drilling and exploration of natural resources, such as coal, ferrous, non-ferrous and atomic minerals, and conventional oil and gas and groundwater investigation. “South West Pinnacle Exploration, an integrated end-to-end drilling and exploration service provider across all natural resources, has recently been awarded an extension of the contract for CBM production from Reliance Industries, one of the well-known private sector companies in India, for production hole drilling for coal bed methane in Madhya Pradesh,” the company said in an exchange filing on January 1. South West Pinnacle share price trend The stock declined 11.41 per cent in the calendar year 2024.

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Live Mint  

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Live Mint  

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Live Mint  

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Live Mint  

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Live Mint  

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