Deep Industries is currently trading at Rs. 184.65, up by 3.95 points or 2.19% from its previous closing of Rs. 180.70 on the BSE.
The scrip opened at Rs. 181.00 and has touched a high and low of Rs. 187.00 and Rs. 181.00 respectively. So far 35765 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 215.70 on 19-Nov-2015 and a 52 week low of Rs. 74.10 on 12-Jun-2015.
Last one week high and low of the scrip stood at Rs. 187.00 and Rs. 160.35 respectively. The current market cap of the company is Rs. 539.91 crore.
The promoters holding in the company stood at 70.08% while Institutions and Non-Institutions held 1.30% and 28.61% respectively.
Deep Industries has received approval of the Gujarat High Court for a scheme of arrangement and restructure of share capital of the company. According to the proposal, Kanvel Finance, Kanvel Oil and Gas, Prabhavati Properties, Savla Enterprise and Yash Organochem (collectively referred to as transferor companies) will be merged with Deep Industries.
Deep Industries has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services.
