Deepak Fertilisers & Petrochemicals Corporation is currently trading at Rs. 253.50, up by 3.15 points or 1.26% from its previous closing of Rs. 250.35 on the BSE.
The scrip opened at Rs. 254.00 and has touched a high and low of Rs. 262.00 and Rs. 250.60 respectively. So far 41096 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 284.00 on 16-Jan-2017 and a 52 week low of Rs. 134.00 on 19-Feb-2016.
Last one week high and low of the scrip stood at Rs. 264.65 and Rs. 248.15 respectively. The current market cap of the company is Rs. 2288.92 crore.
The promoters holding in the company stood at 51.07%, while institutions and non-institutions held 17.19% and 31.74% respectively.
Deepak Fertilisers & Petrochemicals Corporation, one of the country's leading fertilizer manufacturers, has started commercial production of its new grades of NPK fertilisers under its flagship brand Mahadhan. The new manufacturing facility at Taloja is installed with the latest INCRO technology and has a provision of manufacturing multiple grades of fertilizers.
Being a brown field project, significant cost optimization is achieved and the total investment is below Rs 800 crore. This is the only fertilizer plant in India that has one-of-its kind fully automated bagging facility. The new state-of-the art facility is set to augment Company's production capacity by almost four times, from the current 3 lakh tonne to 11 lakh tonnes in a phased manner.