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Shares of Aban Offshore have rallied 15% to Rs 318 on the BSE on reports that Iran and six major powers have reached a historic nuclear deal. CLICK HERE TO READ FULL REPORT.
For Aban Offshore, which is engaged in oil exploration and production, the event has come as key positive development given its high exposure to the Iran market.
The stock hit a high of Rs 320 on the BSE and has seen huge trading activity. The trading volumes on the counter jumped more than seven-fold, with a combined 9.58 million shares changing hands on the BSE and NSE till 1236 hours.
For Aban Offshore, which is engaged in oil exploration and production, the event has come as key positive development given its high exposure to the Iran market.
The stock hit a high of Rs 320 on the BSE and has seen huge trading activity. The trading volumes on the counter jumped more than seven-fold, with a combined 9.58 million shares changing hands on the BSE and NSE till 1236 hours.
