Deepak Fertilisers tumbles on reporting 36% fall in Q3 net profit

23 Jan 2013

Deepak Fertilisers & Petrochemicals Corporation is currently trading at Rs. 119.40, down by 4.55 points or 3.67% from its previous closing of Rs. 123.95 on the BSE.

The scrip opened at Rs. 126.90 and has touched a high and low of Rs. 126.90 and Rs. 118.15 respectively. So far 44246 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. 118.15 on 22-Jan-2013.

Last one week high and low of the scrip stood at Rs. 128.00 and Rs. 118.15 respectively. The current market cap of the company is Rs. 1089.77 crore.

The promoters holding in the company stood at 43.32% while Institutions and Non-Institutions held 21.28% and 35.40% respectively.

Deepak Fertilisers & Petrochemicals Corporation has reported results for third quarter ended December 31, 2012.

The company has registered a fall of 36.25% in its net profit at Rs 31.65 crore in Q3FY13 as compared to Rs 49.65 crore in the corresponding quarter previous year. However, the total income from operation of the company has increased by 3.63% to Rs 623.35 crore for the quarter under review as compared to Rs 601.49 crore in the same quarter last year.

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.

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