Buy Deepak Fertilisers & Petrochemicals Corporation, target price Rs 810: Anand Rathi

Anand Rathi has buy call on Deepak Fertilisers & Petrochemicals Corporation with a target price of Rs 810.
The current market price of Deepak Fertilisers & Petrochemicals Corporation Ltd. is Rs 680.8.

Time period given by analyst is one year when Deepak Fertilisers & Petrochemicals Corporation Ltd. price can reach defined target.


Deepak Fertilisers & Petrochemicals Corporation Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 8271.47 Crore) operating in Fertilisers sector.

Deepak Fertilisers & Petrochemicals Corporation Ltd. key Products/Revenue Segments include Industrial Chemicals (Traded), Other Services, Power Generation and Other Operating Revenue for the year ending 31-Mar-2021.


Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 1972.79 Crore, up 9.36 % from last quarter Total Income of Rs 1803.93 Crore and up 35.47 % from last year same quarter Total Income of Rs 1456.23 Crore. Company reported net profit after tax of Rs 180.61 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 47.58 per cent stake in the company as of 31-Mar-2022, while FIIs owned 14.29 per cent, DIIs 1.57 per cent.