Deepak Fertilisers advances on executing shareholders pact with Unity Infraprojects

15 Jun 2015

Deepak Fertilisers & Petrochemicals Corporation is currently trading at Rs. 116.55, up by 3.50 points or 3.10% from its previous closing of Rs. 113.05 on the BSE.

The scrip opened at Rs. 114.20 and has touched a high and low of Rs. 118.10 and Rs. 113.95 respectively. So far 5,835 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. 112.05 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 122.15 and Rs. 112.05 respectively. The current market cap of the company is Rs. 1028.00 crore.

The promoters holding in the company stood at 49.95% while Institutions and Non-Institutions held 18.75% and 31.30% respectively.

Deepak Fertilisers & Petrochemicals Corporation has executed a Shareholders Agreement with Unity Infraprojects for the purpose of setting up ‘Terminal Market Complex’ at Kalyan, Maharashtra, as a part of its forward integration plan for its Agri-business, which is a constituent of the company’s Fertiliser business segment.

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.

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