DFPCL gains after reporting good Q1 results

Deepak Fertilisers and Petrochemicals Corporation rose 2.43% to Rs 143.45 at 11:50 IST on BSE after net profit rose 13.75% to Rs 45.33 crore on 13.45% rise in net total income from operations to Rs 1072.18 crore in Q1 June 2015 over Q1 June 2014.

The result was announced during market hours today, 5 August 2015.

Meanwhile, the S&P BSE Sensex was up 193.77 points or 0.72% at 28,273.06.

On BSE, so far 52,100 shares were traded in the counter as against average daily volume of 25,077 shares in the past one quarter.

The stock hit a high of Rs 146.05 and a low of Rs 141.30 so far during the day. The stock had hit a 52-week high of Rs 181.55 on 11 September 2014. The stock had hit a 52-week low of Rs 112.05 on 12 June 2015.

The stock had outperformed the market over the past one month till 4 August 2015, rising 6.58% compared with Sensex's 0.07% decline. The scrip had also outperformed the market in past one quarter, gaining 4.99% as against Sensex's 2.11% gain.

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

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India's leading producers of industrial chemicals and fertilisers.

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