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Global Offshore hits new high on taking delivery of vessel

The stock rallied 8% to Rs 588 on back of heavy volumes on National Stock Exchange.

SI Reporter Mumbai
Last Updated : Nov 24 2014 | 12:38 PM IST
Global Offshore Services has soared 8% to Rs 588 on the back of heavy volumes on the National Stock Exchange (NSE) after the company said its subsidiary firm has taken delivery of platform supply vessel.

“The company’s subsidiary, Global Offshore Services B.V, (GOSBV), based in The Netherlands has taken delivery of a newly built Platform Supply Vessel (PSV), viz., M.V.Olympus,” Global Offshore Services said in a statement.

The vessel is 4000 Tons DWT with DP2 and FiFi I capabilities and has been built by Havyard Ship Technology AS, added report.

The stock opened at Rs 554 and hit a record high of Rs 610 on NSE. The trading volumes on the counter more than doubled with a combined 339,573 shares changed hands on the counter till 1230 hours on NSE and BSE.
 

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First Published: Nov 24 2014 | 12:34 PM IST

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