Deepak Fertilisers at new high on robust Q3 results, gains 60% in 1 month

The company's consolidated net profit doubled to Rs 181 crore in Q3FY22 from Rs 89 crore

Shares of Deepak Fertilisers and Petrochemicals Corporation hit a new high of Rs 597.80, up 5 per cent on the BSE in Tuesday’s intra-day trade, and in the process was up as much as 16 per cent in the last three days after the company reported robust results for the quarter ended December 2021 (Q3FY22).

In the past one month, the stock has zoomed 60 per cent, as compared to 0.74 per cent gain in the S&P BSE Sensex. At 10:04 am; the stock traded 4 per cent higher at Rs 593, as against 1.4 per cent rise in