Deep Industries spurts on entering into joint venture arrangement with Euro Gas Systems S.R.L
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
Deep Industries is currently trading at Rs. 209.50, up by 6.05 points or 2.97% from its previous closing of Rs. 203.45 on the BSE.
The scrip opened at Rs. 208.95 and has touched a high and low of Rs. 213.55 and Rs. 204.75 respectively. So far 50940 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 220.05 on 13-Jul-2023 and a 52 week low of Rs. 88.55 on 11-Aug-2022.
Last one week high and low of the scrip stood at Rs. 220.05 and Rs. 188.65 respectively. The current market cap of the company is Rs. 1348.16 crore.
The promoters holding in the company stood at 63.49%, while Institutions and Non-Institutions held 1.47% and 35.04% respectively.
Deep Industries has entered into Joint Venture arrangement to join hands for the purpose of submitting bid/tender with qualification for carrying out business for supplying Oil Filed Equipments to Oil and Gas Industry in India. The company has entered into arrangement with Euro Gas Systems S.R.L (EGS).
Deep Industries is leading solution provider in energy sector. The company is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services.
