Up 1180% in 5 years! Multibagger Deep Industries stock to be in focus on Tuesday after securing order from ONGC

The oil and gas services sector benefits from increased exploration and production activities by major players like ONGC. Strong order books indicate robust demand for specialized services.

Look for opportunities in oil & gas service providers with strong order inflows and healthy financials, maintaining strict risk management.

For Indian markets, this story mainly matters for DEEPINDS, ONGC and the Oil & Gas, Industrial Services pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Secured new order from ONGC and reported strong quarterly profit growth. Client for Deep Industries' services, indicating ongoing operational activities. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Deep Industries secured a ₹59 crore order from ONGC for gas services.
• •This follows a previous ₹148 crore contract with ONGC.
• •The company reported a 49.8% rise in profit for the last quarter.
• •Deep Industries stock has seen an 1180% increase in the last 5 years.
• •Risk flag: Volatility in crude oil prices could impact ONGC's spending.