Swiss Finance Corporation (Mauritius) has bought 1.4% stake in Deep Industries from the open market. The foreign fund house has purchased 400,000 equity shares of the company at an average price of Rs 191.80 per share on the BSE. Meanwhile, Rajendrakumar Ramanlal Shah has sold 150,000 shares at Rs 191.83 per share.
Deep Industries is primarily caters to ever increasing demand for Oil and Gas Field Services requirements. The company is well diversified Oil & Gas Company with business interest in Air and Gas compression, Drilling, Work over and Oil & Gas Exploration and Production.