Deepak Fertilisers & Petrochemicals Corporation currently trading at Rs 129.15, up by 1.30 points or 1.02 % from its previous closing of Rs 127.85 on the BSE.
The scrip opened at Rs 128.35 and has touched a high and low of Rs 129.75 and Rs 128.35 respectively. So far 12997 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 170.00 on 16-Feb-2012 and a 52 week low of Rs 123.00 on 31-Dec-2012.
Last one week high and low of the scrip stood at Rs 129.75 and Rs 123.00 respectively. The current market cap of the company is Rs 1127.70 crore.
The promoters holding in the company stood at 43.32% while Institutions and Non-Institutions held 21.42% and 35.26% respectively.
Deepak Fertilisers & Petrochemicals Corporation’s workers working at the company’s plant situated at Taloja, Raigad district in Maharashtra, have gone on strike from January 03, 2013 on account of dispute over disciplinary action taken by the management, productivity issues and wage settlement.
Besides, the management has approached the Labour Commissioner for conciliation and is taking necessary steps to ensure that the situation will be resolved amicably at the earliest.
Further, the company’s new TAN Plant at Taloja is unaffected by the said strike and normal operations continue. The company’s outsourced business in fertilizers and chemicals is also not affected.
Deepak Fertilisers & Petrochemicals is one of the leading manufacturers of industrial chemicals and fertilisers in India. The company operates in three business segments - chemicals, fertilisers and real estate.