India's Deepak Fertilisers down as Q3 profit slumps

Deepak Fertilisers and Petrochemicals

01/02/2024 08:35

** Shares of Deepak Fertilisers and Petrochemicals Corporation
 DPFE.NS  down 5.1% to 586.5 rupees - lowest level since Nov. 
    ** Bulk chemicals manufacturer's Dec-quarter consolidated
net profit slumped 76.9%; rev from ops down ~33%
    ** Stock posts biggest intraday pct loss since Dec.
    ** More than 971,000 shares change hands as of 2:02 p.m.
IST, 1.5x the 30-day average

 (Reporting by Hritam Mukherjee and Navamya Ganesh Acharya)
 ((Hritam.Mukherjee@thomsonreuters.com;))