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Deepak Fertilisers moves up on plan to set-up brown field IPA plant

25 Sep 2017 Evaluate

Deepak Fertilisers & Petrochemicals Corporation is currently trading at Rs. 367.60, up by 1.90 points or 0.52% from its previous closing of Rs. 365.70 on the BSE.

The scrip opened at Rs. 374.90 and has touched a high and low of Rs. 377.50 and Rs. 358.60 respectively. So far 12773 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 403.55 on 24-Aug-2017 and a 52 week low of Rs. 165.00 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 383.15 and Rs. 358.60 respectively. The current market cap of the company is Rs. 3251.68 crore.

The promoters holding in the company stood at 51.07%, while Institutions and Non-Institutions held 15.31% and 33.61% respectively.

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is planning to setup a brown field Iso Propyl Alcohol (IPA) plant, with high purity Diisopropyl Ether (DIPE) as co-product, at Taloja with an ISBL (Inside Battery Limit) investment of approximately Rs 450 crore. The country’s only manufacturer of IPA will expand its existing capacity by 100 KTA.

DFPCL, the sole manufacturer of IPA in India, enjoys significant market leadership. The OSBL cost of the project will be worked out by engineering consultant with inputs of technology licensors.

Deepak Fertilisers and Petrochemicals Corporation is a manufacturer of fertilizers. The company’s segments include Chemicals, which offers products, such as ammonia, methanol, dilute nitric acid (DNA), concentrated nitric acid (CAN), carbon dioxide (CO2) etc.

Deepak Fert & Petro Share Price

1229.00 30.35 (2.53%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
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SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
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