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Deep Polymers zooms on starting commercial production of Masterbatches at Gandhinagar manufacturing facility

Deep Polymers Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 541778 | NSE:

08 Aug 2023 Evaluate

Deep Polymers is currently trading at Rs. 96.97, up by 5.25 points or 5.72% from its previous closing of Rs. 91.72 on the BSE.

The scrip opened at Rs. 92.89 and has touched a high and low of Rs. 97.10 and Rs. 90.00 respectively. So far 118529 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 185.00 on 08-Aug-2022 and a 52 week low of Rs. 80.00 on 28-Feb-2023.

Last one week high and low of the scrip stood at Rs. 97.40 and Rs. 88.41 respectively. The current market cap of the company is Rs. 223.19 crore.

The promoters holding in the company stood at 62.79%, while Non-Institutions held 37.21% stake in the company.

Deep Polymers has successfully started commercial production of Masterbatches in its new state-of-the-art manufacturing facility in Gandhinagar, Gujarat. The new facility is sophisticated and equipped with modern machineries from M/s Coperion GmbH, Germany. The plant has been set up in record time of less than 9 months. The company has started commercial production from August 08, 2023.

With this production unit, the company has augmented its product offering and ventured into a futuristic & lucrative business of, Special masterbatches which has a huge growth potential in domestic and export market.

Deep Polymers is engaged in manufacturing colour and additive master batches for engineering plastics and compounds that includes wide range of quality products like antifab fillers, transparent fillers, colour fillers, which is used as cost effective replacements for polymers and acts as anti-fibrillating, anti-blocks, anti-slip agents.

Deep Polymers Share Price

38.64 3.61 (10.31%)

13-Apr-2026 16:59 View Price Chart

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BASF India	3572.40
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Deep Polymers zooms on starting commercial production of Masterbatches at Gandhinagar manufacturing facility

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