Deep Industries saw a significant rise in its stock, currently trading at Rs. 457.75, a jump of 60.10 points or 15.11% from its previous close of Rs. 397.65 on the BSE.

The stock opened at Rs. 449.95, reaching a high of Rs. 473.55 and a low of Rs. 442.00. A total of 2,85,045 shares have changed hands so far.

This BSE group 'B' stock, with a face value of Rs. 5, recorded a 52-week high of Rs. 473.55 on September 9, 2024, and a 52-week low of Rs. 226.85 on February 13, 2024. In the past week, the stock hit a high of Rs. 473.55 and a low of Rs. 370.05. The company’s current market capitalization stands at Rs. 2,890.24 crore.

The company’s promoter holding is at 63.49%, while institutions hold 2.11%, and non-institutional investors have a 34.40% stake.

Deep Industries has secured a major contract worth Rs. 1,402 crore from Oil and Natural Gas Corporation (ONGC) for Production Enhancement Operations in the Rajahmundry Asset's mature fields. This 15-year project is the company’s largest to date, more than doubling its order book, which stood at Rs. 1,246 crore as of June 30, 2024.

Deep Industries is a leading player in the energy sector, specializing in Air & Gas Compression, Drilling and Workover Services, Gas Dehydration, and Integrated Project Management Services.