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Deepak Fertilizers slips as CCI slaps Rs 2 crore penalty

05 Mar 2015 Evaluate

Deepak Fertilisers & Petrochemicals Corporation is currently trading at Rs. 137.00, down by 0.20 points or 0.15% from its previous closing of Rs. 137.20 on the BSE.

The scrip opened at Rs. 137.20 and has touched a high and low of Rs. 138.10 and Rs. 136.50 respectively. So far 2828 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 185.05 on 22-Jul-2014 and a 52 week low of Rs. 115.40 on 20-Mar-2014.

Last one week high and low of the scrip stood at Rs. 139.50 and Rs. 135.70 respectively. The current market cap of the company is Rs. 1212.38 crore.

The promoters holding in the company stood at 45.46% while Institutions and Non-Institutions held 17.28% and 37.26% respectively.

Fair trade watchdog Competition Commission of India (CCI) has imposed a total penalty of Rs 2 crore on Deepak Fertilizers and its subsidiary SCM Soilfert for violating competition norms with regard to their stake purchases in Mangalore Chemicals and Fertilizers (MCFL). Deepak Fertilizers and its subsidiary have been penalised for not giving notice to CCI regarding their acquisition of 24.46 per cent in MCFL which happened in July 2013.

Deepak Fertilisers and Petrochemicals Corporation is one of the leading manufacturers of industrials chemicals and fertilizers in India. The company operates in three business segments – Chemicals, Fertilizers and Realty.

Deepak Fert & Petro Share Price

1228.05 -0.95 (-0.08%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3653.10
Tata Chemicals 704.05
SRF 2464.40
Pidilite Inds. 1390.15
Deepak Nitrite 1537.20
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