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Deepak Fertilisers surges on reporting two fold jump in Q3 net profit

30 Jan 2014

Deepak Fertilisers & Petrochemicals Corporation is currently trading at Rs. 109.70, up by 1.40 points or 1.29 % from its previous closing of Rs. 108.30 on the BSE.

The scrip opened at Rs. 108.90 and has touched a high and low of Rs. 112.85 and Rs. 108.90 respectively. So far 43014 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 121.50 on 11-Oct-2013 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. 110.15 and Rs. 99.80 respectively. The current market cap of the company is Rs. 955.26 crore.

The promoters holding in the company stood at 45.46 % while Institutions and Non-Institutions held 17.67 % and 36.87 % respectively.

Deepak Fertilisers & Petrochemicals has reported results for third quarter ended December 31, 2013.

The company has reported two fold rise in its net profit at Rs 64.27 crore for the quarter as compared to Rs 31.65 crore for the same quarter in the previous year. Total income from operations of the company increased by 62.57% at Rs 1013.41 crore for quarter under review, as compared to Rs 623.35 crore for the quarter ended December 31, 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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