Deep Industries consolidated net profit rises 18.78% in the June 2024 quarter

Rohan Shah, Group CFO & Director, Finance, Deep Industries gives insights on what the company expects from the oil and gas sector. 

#unionbudget2024 #budgetexpectations #oilandgas 

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What Does Deep Industries Expects From The Oil & Gas Sector?: Group CFO & Director Gives Insights

Deep Industries is moving up the value chain with
unique services such as charter hiring of entire gas processing facility.

Deep Industries - Beneficiary Of Increased Outsourcing: IDBI Capital

The share touched a 52-week high of Rs 220.05 and a 52-week low of Rs 88.55 on 13 July, 2023 and 11 August, 2022, respectively.

Deep Industries up 3%, subsidiary in JV with Euro Gas Systems

Stocks to watch: Bandhan Bank, JSW Energy, JustDial, JBM Auto, Patanjali Foods, Deep Industries, GMR Power, Aster DM, Happiest Minds, Indrayani Biotech, CCL Products, Infomedia, Kesoram Industries, Tata Steel Long Products, Unichem Lab and RVNL

Stocks that will see action today-July 14, 2023

The company acquired (74%) equity stake of Breitling Drilling Private Limited and consequently it becomes a subsidiary of the company.

Deep Industries hits 52-week high; co bags order from ONGC

Shares of Deep Industries will turn ex-split today. The Deep Industries stock of face value of Rs 10 would split into two shares of face value of Rs 5 each. Earum Pharmaceuticals would go ex-rights today.

EID Parry board to consider dividend payment; Deep Industries shares will turn ex-split today

Deep Industries Ltd. is a small-cap company with a market worth of ₹909.60 Cr.

Deep Industries declares 2:1 stock split, posts 44% net profit growth in Q3

With a market valuation of ₹983.52 Cr, Deep Industries Ltd. is a small-cap company that engages in the energy industry.

This stock rallies over 600% in 2 years of listing, Board to declare stock split

The share touched a 52-week high of Rs 322.50 and a 52-week low of Rs 165 on 10 October, 2022 and 25 February, 2022, respectively.

Deep Industries shares gain as board plans to discuss stock split on Feb 6

Deep Industries surged 5.61% to Rs 259.85 after the company said that it has received two letter of awards (LoAs) from Oil and Natural Gas Corporation (ONGC) for value aggregating to Rs 178.32 crore.

Deep Inds spurts on bagging LoAs for Rs 178 cr

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Deep Industries operates in the Oil and Gas industry and provides Air & Natural Gas Compressor Services on chartered hire basis.