Monday 29 October 2012

Deep Industries Share Price | News | Updates

Deep Industries is currently trading at Rs. 43.95, up by 1.40 points or 3.29% from its previous closing of Rs. 42.55 on the BSE.

The scrip opened at Rs. 44.95 and has touched a high and low of Rs. 45.45 and Rs. 43.45 respectively. So far 3417 shares were traded on the counter.

The current market cap of the company is Rs. 108.83 crore. The promoters holding in the company stood at 57.33% while Institutions and Non-Institutions held 2.55% and 40.12% respectively.

Deep Industries, an Ahmedabad-based company is planning to set down up to 50% participatory interest in Singrauli coal bed methane (CBM) block. At present it holds 90% participatory interest in the exploratory asset.

In consortium with the US-based Coal Gas Mart during the third bidding round in 2006, it was awarded with two blocks - Singrauli in Madhya Pradesh and Godavari Valley (North) in Andhra Pradesh. Deep industries is well diversified Oil & Gas Company with business interest in air and gas compression, drilling, work over and oil & gas exploration and production. [ Via ]

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