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Resistance/Support
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Deep Energy Resources Ltd Performance

Today's Low
176.00
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Today's High
181.95
52 Wk Low
105.20
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52 Wk High
237.00


Open

181.95

Traded Value (Cr)

0.29

Prev. Close

176.75

Face Value

10

Volume

16685

Deep Energy Resources Ltd Fundamentals

Market Cap
₹ 563.04 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
1.41
Debt to Equity
0.05
ROE
0.73
EPS (TTM)
0.00
Dividend Yield
0.00 %
Book Value
124.65

Click here to know more about Fundamentals

Deep Energy Resources Ltd Financials

Deep Energy Resources Ltd Financials

Deep Energy Resources Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 67.99 % 67.99 % 67.99 % 67.99 %
Retail 22.15 % 21.94 % 23.56 % 23.41 %
Others 8.17 % 8.39 % 6.77 % 6.91 %
FII 1.69 % 1.68 % 1.68 % 1.69 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

67.99%

Retail

22.15%

Others

8.17%

FII

1.69%

Mutual Funds

0.00%

Promoters

67.99%

Retail

21.94%

Others

8.39%

FII

1.68%

Mutual Funds

0.00%

Promoters

67.99%

Retail

23.56%

Others

6.77%

FII

1.68%

Mutual Funds

0.00%

Promoters

67.99%

Retail

23.41%

Others

6.91%

FII

1.69%

Mutual Funds

0.00%

Resistance and Support

₹178.23

PIVOT

resistance-arrow
Resistance
First Resistance₹180.467
Second Resistance₹184.183
Third Resistance₹186.417
support-arrow
Support
First Support₹174.517
Second Support₹172.283
Third Support₹168.567

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day17,88410,68551.96
Week16,6859,971-10.15
1 Month16,68520,064-10.15
6 Months8,284,1564,245,53458.94

About Deep Energy Resources Ltd

Deep Energy Resources Limited was originally incorporated on January 01, 1991 as a private limited company with the name Deep Roadways Private Limited. Thereafter, on May 2, 2002, the Company converted into public limited company and the name was changed to Deep Industries Limited. On 30 September 2020, the name of the Company was converted from Deep Industries Limited to Deep Energy Resources Limited. The Company is well diversified Oil & Gas Company with business interest in Air and Gas compression, Drilling, Work over and Oil & Gas Exploration and Production. The company is a pioneer in the service sector of oil and gas fields, mainly in Gas compression services. They also provide work-over, Drilling Rig and allied services. The company is headquartered in Ahmedabad, Gujarat, primarily caters to ever increasing demand for Oil and Gas Field Services requirements. The company is India's largest Gas Compression services provider and has expanded its Oil Field services to work over activities. From their Drilling to Dispensing plan, the company has also expanded their arms to Exploration and Production Business of Oil, Gas and Coal Bed Methane. They are providing value added Engineering Services to various Public Sector and Private Sector Undertakings in India. The company has four main lines of business, namely gas compression, work over rigs, marginal gas fields, and coal-bed methane (CBM). In the gas compression business, the company owns, operates, and maintains a compressor fleet, with capabilities ranging from 100 horse power (HP) to 4000 HP. The company has three subsidiaries, namely Deep Energy LLC, USA, Deep Natural Resources Ltd and Prabha Energy Pvt Ltd. The Company is engaged in the business of exploration and production of Oil and Gas resources and Coal Bed Methane and related engineering solutions. In the year 1994, the company bagged contract to provide High Pressure Air Compressors on charter hire basis to ONGC, for its Ahmedabad project. In the year 1997, they bagged contract to provide Natural Gas Compressors on charter hire basis to ONGC, for its Mehsana project. In February 6, 1997, the company changed their name from Deep Roadways Pvt Ltd to Deep Industries Pvt Ltd. In the year 1998, the company bagged contract to provide Natural Gas Engine based power generation packages on charter hire basis. In the year 2001, they entered into Gas Compression Equipment Lease and Service Agreement with Hanover Asia Inc., USA for taking on lease Gas Compressors. In May 2, 2002, the company was converted into public limited company and the name was changed to Deep Industries Ltd. In the year 2004, the company entered into Sales Representation Agreement with Valerus Compression Services Limited Partnership, USA to act as Sales Representatives in the Asian Region. In the year 2005, they purchased 100 Ton Cardwell KB 500 S Axle Mobile Rig as a step towards becoming an integrated service provider to the Oil & Gas Sector. Also, they received ISO 9001 - 2000 certification. In the year 2005, the company entered into memorandum of understanding with PT Indrillco Bakti, Jakarta, Indonesia for availing technical know-how/ collaboration in connection with work over services for 30 to 200 Ton capacity Rigs. During the year 2006-07, the company came out with the initial public issue and their shares were listed on the Bombay Stock Exchange and National Stock Exchange with effect from September 25, 2006. During the year 2007-08, the company set up a company in USA, namely Deep Energy, LLC for exploration, production & development of Oil & Gas fields, which got operator ship license in USA. They received a contract for Gas Compression from Gujarat State petroleum Ltd valuing approximately of Rs 300.00 million for a period of five years. During the year, the company got additional contract for providing gas compression services to Gujarat State Petronet Ltd., wherein Company would be deploying 2 Gas Compressors. They also got work orders for hiring 4 Workover Rigs from ONGC & GSPC Ltd. Also, they had bidded for contracts of 11 different kinds of rigs floated by ONGC Ltd. During the year 2008-09, the company entered into E & P space through forward integration into gas production through CBM and Marginal fields. Also, they received one onshore block in recent NELP VII round by Government of India. The block SR-ONN-2005/ I is situated in Chhattisgarh State. During the year 2009-10, the company set up two subsidiary companies, namely Deep Natural Resources Ltd for exploration, production & development of crude oil, coal bed methane (CBM) and natural gas and Prabha Energy Pvt Ltd for generation of electrical power by conventional and non-conventional methods. The company has procured 13 new compressors during last two financial years and has successfully commenced five gas compression contracts in the financial year 2008-09 and 3 new gas compression contracts in the financial year 2009-10. The Company in 2015-16, completed Phase-I of the CBM contract by drilling 9 core holes and 5 production test wells. DIL acquired CBM reservoir parameters like coal thickness, gas content, permeability etc from the phase-I campaign and a fairway area was identified. A service contract for three Onshore Marginal Fields were awarded by Oil and Natural Gas Corporation Limited (ONGC), in April 2007 for further development, as a part of its 'Marginal Field Monetization Program'. The Fields are part of the Jaisalmer-Mari High basin containing 1.42 Billion Cubic Meter (BCM) of gas reserves, spread across 100 Km2 and are located in the state of Rajasthan approximately 100 kms in the north of Jaisalmer, close to the International border with Pakistan. DERL had carried out workover of all the gas wells and created surface facilities including laying of a 16 km long pipeline connecting wells from Ghotaru and Bankia. Gas collecting station at Bankia also constructed in 2012 having facilities for separation, purification and compression of natural gas. DERL has installed first of its kind Natural gas purification and drying unit for gas processing at the GCS. In 2019-20, the Oil and Gas Services Undertaking of the Company got demerged/ transferred into Deep CH4 Limited through the Scheme of Arrangements for Demerger and was made effective on 20.06.2020. In terms of the said Demerger, the name of the Company changed from 'DEEP INDUSTRIES LIMITED' 'DEEP ENERGY RESOURCES LIMITED' effect from 11th September, 2020.

Managing Director

1991

Founded

Shail Savla

NSE Symbol

DEEPENR

Deep Energy Resources Ltd Management

NameDesignation
PREMSINGH MANGATSINGH SAWHNEYChairman & Additional Director
Shail SavlaManaging Director
Shaily DedhiaIndependent Director
Navin Chandra PandeyAddtnl Independent Director
Divyeshkumar SenjaliyaCompany Sec. & Compli. Officer
Priyanka Kishorbhai GolaAdditional Director

Deep Energy Resources Ltd News

Deep Energy Resources standalone net profit rises 409.09% in the March 2024 quarter
Reported sales nil
Deep Energy Resources to hold board meeting
On 22 May 2024
Deep Energy Resources reports consolidated net loss of Rs 0.12 crore in the December 2023 quarter
Sales decline 91.49% to Rs 0.69 crore
Deep Energy Resources to discuss results
On 8 February 2024
Deep Energy Resources schedules EGM
On 29 January 2024
Deep Energy Resources reports consolidated net loss of Rs 0.34 crore in the September 2023 quarter
Sales decline 86.10% to Rs 0.57 crore
Deep Energy Resources to conduct board meeting
On 6 November 2023
Deep Energy Resources to hold AGM
On 28 September 2023
Deep Energy Resources reports consolidated net loss of Rs 0.30 crore in the June 2023 quarter
Sales decline 35.44% to Rs 0.51 crore
Deep Energy Resources to table results
On 11 August 2023

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Deep Energy Resources Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Deep Energy Resources Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Deep Energy Resources Ltd's share price is ₹176.75 as of May 23, 2024 at 04:14 PM

Deep Energy Resources Ltd's P/E ratio is 0.00 times as of May 23, 2024 at 04:14 PM.

Deep Energy Resources Ltd's most recent financial reports indicate a price-to-book ratio of 1.41, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Deep Energy Resources Ltd's market is 563 Cr as on May 23, 2024 at 04:14 PM.

The current financial records of Deep Energy Resources Ltd show a 0.73% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Deep Energy Resources Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Deep Energy Resources Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Deep Energy Resources Ltd's 52-week high and low as of May 23, 2024 at 04:14 PM are ₹237 and ₹237 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Deep Energy Resources Ltd stands at 67.99%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 1.68% to 1.69%.