Deepak Fertilisers surges on reporting 12% rise in Q2 net profit

25 Oct 2013

Deepak Fertilisers is currently trading at Rs. 110.80, up by 5.00 points or 4.73% from its previous closing of Rs. 105.80 on the BSE.

The scrip opened at Rs. 107.10 and has touched a high and low of Rs. 111.95 and Rs. 107.10 respectively. So far 9,946 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 137.95 on 25-Oct-2012 and a 52 week low of Rs. 81.20 on 01-Aug-2013.

Last one week high and low of the scrip stood at Rs. 111.10 and Rs. 105.30 respectively. The current market cap of the company is Rs. 980 crore

The promoters holding in the company stood at 44.55% while Institutions and Non-Institutions held 18.33% and 37.12% respectively.

The company has reported 11.81% rise in its net profit at Rs 45.44 crore for the quarter as compared to Rs 40.64 crore for the same quarter in the previous year. Total income of the company has increased by 43.35% at Rs 990.10 crore for quarter under review as compared to Rs 690.69 crore for the quarter ended September 30, 2012.

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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