Meanwhile, the S&P BSE Sensex was up 168.05 points or 0.53% at 31,855.57. The S&P BSE Small-Cap index rose 106.56 points or 0.65% at 16,431.76.

On the BSE, 1.64 lakh shares were traded on the counter so far as against the average daily volumes of 35,914 shares in the past one quarter. The stock had hit a high of Rs 211 and a low of Rs 200 so far during the day. The stock had hit a 52-week high of Rs 249.60 on 27 March 2017 and a 52-week low of Rs 53 on 29 September 2016.

The stock had outperformed the market over the past one month till 8 September 2017, advancing 9.42% compared with the Sensex's 1.02% fall. The stock had, however, underperformed the market over the past one quarter, sliding 5.67% as against the Sensex's 1.52% rise. The scrip had outperformed the market over the past one year, advancing 179.7% as against the Sensex's 9.1% rise.

The small-cap company has equity capital of Rs 26.07 crore. Face value per share is Rs 10.

Asian Oilfield Services' consolidated net sales rose 453.1% to Rs 51.27 crore in Q1 June 2017 over Q1 June 2016.

The company's board approved allotment of 34 lakh equity shares of the company to its promoter, Oilmax Energy, at an issue price of Rs 80 per share pursuant to conversion of 34 lakh warrants out of the 75 lakh warrants held by them.

Asian Oilfield Services is a reservoir imaging company, offering a suite of geophysical services specializing in land and well seismic services. The company's mission is to help its clients in the onshore oil & gas and mining industries make quicker and more informed decisions on where to explore drill.