DSIJ Mindshare

Today, shares of Deep Energy Resources Ltd trading at Rs 190 per share up by 3.55 per cent. The stock’s 52-week high is Rs 237 and its 52-week low is Rs 109.

The company has a market cap of Rs 180.62 crore. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22. The shares of the company have a PE of 5.56x and a ROE of 23 per cent.

According to the financials, the company has a market cap of Rs 172.26 crore and reported excellent quarterly results and annual results. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22.

The company has consistently maintained a robust dividend payout of 32.2 per cent.

The company has attracted significant buying interest due to its outstanding returns of over 16 per cent in the past year