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Deepak Fertilisers: Stock jumps after signing agreement with Sunsure Energy

Deepak Fertilisers and Petrochemicals Corporation Limited entered agreements with Sunsure Energy, MSEPL, and SSFOPL, investing in solar and wind power projects to acquire minimum 26% equity shareholding.

Introduction

Leading fertiliser and chemical company has invested in solar and wind power projects through equity subscriptions, acquiring minimum 26% stakes in two renewable energy firms to enhance captive renewable energy consumption.

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Share price movement of Deepak Fertilisers

On September 11, 2025, Deepak Fertilisers & Petrochemicals Corporation Ltd opened at ₹1,421.25, up 0.43% from its previous close of ₹1,420.20. The stock reached a high of ₹1,443.60 (1.65%) and a low of ₹1,414.00. By 12:30 PM, it traded at ₹1,427.95, a 0.55% increase, with a market cap of ₹18,026.13 crore.

Deepak Fertilisers Invests in Solar and Wind

Deepak Fertilisers and Petrochemicals Corporation Limited entered two Share Subscription and Shareholders Agreements on September 10, 2025, with Sunsure Energy, MSEPL, and SSFOPL for renewable energy investments.

The company will invest Rs 4.78 crore in MSEPL for solar power and Rs 8.40 crore in SSFOPL for wind power. Both investments involve a minimum 26% equity shareholding along with other captive users.

These transactions are aimed at captive renewable power consumption under the Electricity Act, 2003. The agreements are not related party transactions, and no shares are currently held by the company in either entity.

Ace investor holding in Deepak Fertilisers

Mukul Mahavir Agrawal holds a 1.19% stake in Deepak Fertilisers & Petrochemicals Corporation Ltd, owning 15,00,000 shares valued at ₹214.2 crore.

Stock performance of Deepak Fertilisers for Period of 1 week, 6 months, and 1 year

Deepak Fertilisers & Petrochemicals Corporation Ltd declined by 1.61% over the past week. The stock gained 27.0% in the past six months and 38.7% over the past year.

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Shareholding pattern of Deepak Fertilisers

ParticularsJun 2025Mar 2025Dec 2024
Promoter45.60%45.60%45.60%
FII11.30%10.70%11.60%
DII12.30%11%8.80%
Public30.90%32.30%34.00%

About Deepak Fertilisers

Deepak Fertilisers & Petrochemicals Corporation Ltd (NSE: DEEPAKFERT) manufactures fertilizers, bulk and mining chemicals, and real estate products. It leads in prilled ammonium nitrate, IPA, NP prill fertilizers, and specialty nutrient solutions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Deepak Fertilisers & Petrochemicals Corporation Ltd share price going up today?

A: Deepak Fertilisers & Petrochemicals Corporation Ltd entered two Share Subscription and Shareholders Agreements for renewable energy investments on September 10, 2025.

Q: How much stake does Mukul Mahavir Agrawal hold in Deepak Fertilisers & Petrochemicals Corporation Ltd?

A: Mukul Mahavir Agrawal holds a 1.19% stake in Deepak Fertilisers & Petrochemicals Corporation Ltd, owning 1,500,000 shares worth ₹214.2 crore.

Q: What is the 52-week high and low of Deepak Fertilisers & Petrochemicals Corporation Ltd stock?

A: The 52-week high of Deepak Fertilisers & Petrochemicals Corporation Ltd is ₹1,776.95 and the 52-week low is ₹888.25.

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