The MoU envisages spot and long-term LNG deliveries to Deepak Fertilisers, including from the Arctic LNG 2 project. The Parties also intend to cooperate in long-term supply of low-carbon hydrogen and ammonia produced with the use of carbon capture and underground storage, cracking, and renewable ene…

India, Russia sign MoU for LNG supply & low-carbon ammonia

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Thursday reported a 39.67 per cent growth in consolidated profit after tax at Rs 252.26 crore during the quarter ended December 2022.

Deepak Fertilisers Q3 net up 40% to Rs 252 cr, revenue rises to Rs 2,754 cr

The company’s PAT (profit after tax) stood at Rs 180.61 crore during the corresponding quarter of the previous financial year, DFCL said in a regulatory filing.

Deepak Fertilisers Q3 profit rises 40% to Rs 252 crore

Deepak Fertilisers’ chemical segment revenues were up 37%, while the fertiliser revenues were up 47%

Deepak Fertilisers Q3 net up 40% at ₹252 crore on higher sales

The restructuring will also allow for dedicated management teams for all the businesses, aiding the company’s vision of moving towards value-added services from manufacturing commodity products, MD Shailesh Mehta said. The reorganisation will also “open the doors” for getting investments into the in…

Deepak Fertilisers & Petrochemicals’ revamp to help compartmentalise segments: MD Shailesh Mehta

Company plans to strengthen its crop nutrients portfolio, says top official

Deepak Fertilisers develops products to unlock crop nutrients, improve soil

Deepak Fertilisers share price: At today’s day high level of Rs 817.10, Deepak Fertilisers traded 18.90 per cent lower from its 52-week high of Rs 1,061.70, hit on October 21 this year. That said, the stock zoomed 141.96 per cent from its one-year low of Rs 355.85, touched on December 20, 2021.

Deepak Fertilisers shares gain 6% after demerger announcement

“The proposed corporate restructuring shall considerably help create strong independent business platforms within the larger DFPCL brand umbrella, hence enhancing stakeholders’ value over time,” Deepak Fertilisers and Petrochemicals Corporation Chairman and Managing Director Sailesh C Mehta said.

Deepak Fertilisers to demerge mining chemicals, fertiliser businesses

Wipro: Wipro announced a partnership with Finastra, a global provider of financial software applications and marketplaces, to drive digital transformation for corporate banks in the Middle East.

Wipro, Infosys, RIL, Deepak Fertilisers in focus

Buzzing stocks: Deepak Fertilisers, HPCL, Nykaa, Gammon India, Kesoram

Stocks that will see action on December 16, 2022

The company said that the corporate restructuring plan will help unlock the growth potential of each of the businesses.

Deepak Fertilisers to demerge its mining chemicals, fertiliser businesses

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less 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

Deepak Fertilisers and Petrochemicals Corporation Limited is a manufacturer of fertilizers. Its principal products/services include Nitrophosphate (Fertilisers), Complexes (Fertilisers) and TAN.