STOCK IN FOCUS - VEDL

Shares of Asian Energy Services jumped over 17% on Monday's session after the company was awarded ₹865 crore Integrated Service Contract from Vedanta Limited. The firm announced in its exchange filing that the contract will be carried out over a period of 57 months. Kapil Garg, the Managing Director of Asian Energy Services Limited, expressed that they feel privileged to have secured the Integrated Service Contract for field development and Operations & Maintenance (O&M) from Vedanta, a valued and loyal client. This ongoing partnership demonstrates the trust established through reliable service and a commitment to operational excellence.