Deepak Fertilisers slumps after weak Q3 outcome

Deepak Fertilisers and Petrochemicals Corporation lost 7.04% to Rs 129.50 at 15:08 IST on BSE after net profit dropped 98.05% to Rs 1.25 crore on 19.28% fall in total income from operations (net) to Rs 818.48 crore in Q3 December 2014 over Q3 Decembe

The company announced result during market hours today, 11 February 2015.

Meanwhile, the BSE Sensex was up 182.52 points, or 0.64%, to 28,538.14

On BSE, so far 2.44 lakh shares were traded in the counter compared with average volume of 37,182 shares in the past one quarter.

The stock hit a high of Rs 140.35 and a low of Rs 125.70 so far during the day. The stock hit a 52-week high of Rs 185.05 on 22 July 2014. The stock hit a 52-week low of Rs 105.15 on 11 February 2014.

The stock had underperformed the market over the past one month till 10 February 2015, rising 0.18% compared with 3.27% rise in the Sensex. The scrip also underperformed the market in past one quarter, falling 2.62% as against Sensex's 1.73% rise.

The small-cap company has an equity capital of Rs 88.20 crore. Face value per share is Rs 10.

Deepak Fertilisers and Petrochemicals Corporation is a multi-product Indian conglomerate with a multi-product portfolio spanning industrial chemicals, bulk and specialty fertilisers, farming diagnostics and solutions, technical ammonium nitrate, mining services and consulting and value added real estate.

Powered by Capital Market - Live News