espresso-shot-of-the-day-deepak-fertilisers-and-petrochemicals-corporation-ltd-up-by-1513-percent

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Espresso shot of the day – Deepak Fertilisers and Petrochemicals Corporation Ltd up by 15.13 percent)

Espresso shot of the day – Deepak Fertilisers and Petrochemicals Corporation Ltd up by 15.13 percent

March 01, 2021

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD 212.35 (+15.13 %)  BSE – INE501A01019| 1ST MARCH 2021


Binge graph Deepak Fertilisers and Petrochemicals Corporation Ltd

Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals. Set up in 1979 as an Ammonia manufacturer, DFPCL today is a publicly listed, multi-product Indian conglomerate with an annual turnover of over one billion USD with a product portfolio spanning industrial chemicals, bulk and specialty fertilisers, farming diagnostics and solutions, technical ammonium nitrate and value added real estate, which includes India’s 1st & largest revolutionary concept retail destination for Home Interiors & Design. The Company has manufacturing facilities in Taloja – Maharashtra, Srikakulam – A.P., Panipat – Haryana and Dahej – Gujrat. The Company has adopted some of the global state-of-the-art technologies that enable it to manufacture and supply high quality products that meet global standards.

Recent Drivers

  • Deepak Fertilisers and Petrochemicals Corporation Ltd. reported Quarterly Net Profit at Rs 87.55 crores in December 2020 up 191.74% from Rs 30.01 crores in December 2019.
  • Deepak Fertilisers and Petrochemicals Corporation Ltd. reported Net Sales at Rs 1,447.14 crores in December 2020 up 29.27% from Rs 1,119.49 crores in December 2019.
  • Deepak Fertilisers and Petrochemicals Corporation Ltd. rose in early trade today as PM Narendra Modi spoke about the steps taken for the sector in this year's Union Budget.
  • In January 2021, Deepak Fertilisers and Petrochemicals Corporation Ltd. has sold one plot of its industrial land in Dahej, Gujarat, for Rs 99 crores, as part of the strategy to divest non-core assets.
  • In January 2021, Smartchem Technologies Limited, a 100% subsidiary of Deepak Fertilisers and Petrochemicals Corporation Ltd. announced its partnership with AgroStar.
 (Sources: The Economic Times, Bloomberg, Business Today, Moneycontrol)

Technical Force*

  • S&P BSE ALL CAP month till date gain up by 1.55%
  • Traded on new 52- week high 219
  • Spurt in volume by more than 3.93 times compares to previous vol. 3 months avg qty – 5,792,757
  • Stock price has jumped more than 200% from one year low level – 57.00, 19 March 2020
  • Daily RSI (14) is in overbought territory for 2 periods ago, RSI central line crossed above central line 5 periods ago
  • 52 -week high – 219.00 | 52- week low- 55.29

 Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

350.25

271.55

214.40

135.70

78.55

-

-

-

Fibonacci Pivot

271.55

219.66

187.59

166.95

135.70

104.45

83.81

51.74

-


Today’s Close

212.35

SMA

BSE

10 DAY

169.29

20 DAY

165.28

50 DAY

161.08

200 DAY

146.04

Some Key Ratios (Source: BSE)

Market Cap: 2180.35 crores

PE: 11.54

OPM%: 15.14

ROE%: 9.36

Prev. Close: 184.45

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.