Deepak Fertilisers and Petrochemicals gains after its arm raises Rs 900 crore through NCDs
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Deepak Fertilisers And Petrochemicals Corporation is currently trading at Rs. 564.00, up by 4.00 points or 0.71% from its previous closing of Rs. 560.00 on the BSE.
The scrip opened at Rs. 571.20 and has touched a high and low of Rs. 580.00 and Rs. 560.00 respectively. So far 127616 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1061.70 on 21-Oct-2022 and a 52 week low of Rs. 512.80 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 580.00 and Rs. 549.00 respectively. The current market cap of the company is Rs. 7149.49 crore.
The promoters holding in the company stood at 45.46%, while Institutions and Non-Institutions held 21.21% and 33.33% respectively.
Deepak Fertilisers and Petrochemicals Corporation’s (DFPCL) wholly owned subsidiary -- Performance Chemiserve (Issuer) has raised Rs 900 crore by issue and allotment of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) on private placement basis to qualified institutional buyers. The payment obligation under aforesaid NCDs is guaranteed by way of Corporate Guarantee of the Company pursuant to Deed of Corporate Guarantee dated June 05, 2023 executed by the Company and the Issuer with the Trustee.
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals.
