NSE: DEEPAKFERT · 26 October 2026
- Deepak Fertilisers & Petrochemicals Corp. has fallen 15.01% over 5 trading sessions; today's move is +0.52%.
- ICRA Limited reaffirmed the company's long-term fund-based term loan rating at [ICRA]AA- while removing it from Watch with Developing Implications and assigning a Positive outlook. The rating action reflects stable ammonia production supported by scheduled gas supplies under the Equinor contract and healthy profitability in Performance Chemiserve Limited. ICRA also noted advanced implementation stages for the 376-KTPA TAN project at Gopalpur and the nitric acid plant at Dahej.
- Trading volume was 0.49 times the 20-day average daily volume.
Deepak Fertilisers & Petrochemicals Corp. share price: 15.01% decline over 5 trading sessions
Deepak Fertilisers & Petrochemicals Corp. Ltd. (DEEPAKFERT) gained 0.52% today, closing at ₹1,142.40 after moving between an intraday high of ₹1,167.60 and a low of ₹1,112.60.
The broader market and sector benchmarks reflected a positive backdrop during the trading session. The Nifty index rose 0.68%, while the sectoral benchmark Nifty Metal advanced 2.21%. Although today's modest uptick follows a sharp 5-day return decline of -15.01% and a 20-day drop of -16.09%, the stock's modest gain aligned broadly with the constructive sentiment across broader indices without matching the stronger momentum seen in select sectoral peers.
Company context includes recent developments surrounding a credit rating outlook revision by ICRA Limited on October 15, 2026, where the long-term term loan rating was reaffirmed at [ICRA]AA- and removed from Watch with Developing Implications, alongside a Positive outlook assignment supported by stable ammonia production and favourable gas supply terms. While this recent operational update provides medium-term fundamental context, today's price action appears primarily technical in nature following recent correction phases rather than being directly driven by an immediate same-day corporate announcement.
1.60 lakh shares traded by 26 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 3.30 lakh shares (0.49 times). The five-day average daily volume was 4.67 lakh shares. Separately, the NSE report for 23 October 2026 showed 1.17 lakh shares delivered, representing 44.04% of that day’s traded volume. The same report recorded 24,482 trades.
The stock gained 0.52% on low relative volume following a pronounced multi-week correction (-15.01% over 5 days and -16.09% over 20 days). In the absence of any same-day fundamental trigger, the move reflects tentative stabilization and bargain hunting.
Latest Company Developments
ICRA Limited reaffirmed the company's long-term fund-based term loan rating at [ICRA]AA- while removing it from Watch with Developing Implications and assigning a Positive outlook. The rating action reflects stable ammonia production supported by scheduled gas supplies under the Equinor contract and healthy profitability in Performance Chemiserve Limited. ICRA also noted advanced implementation stages for the 376-KTPA TAN project at Gopalpur and the nitric acid plant at Dahej.
A positive credit outlook validation reinforces the company's financial standing and debt-servicing confidence as it nears completion of large-scale capital expenditure projects.
The company received an administrative warning and advisory letter from SEBI regarding historical non-compliances from fiscal years 2018-19 to 2021-22 concerning the specific disclosure of subsidiary investments, guarantees, and certain tax litigations. The company stated that investments and guarantees were duly consolidated and disclosed in annual reports though specific stock exchange intimations missed separate notices, and confirmed that the matter carries no material financial impact.
Regulatory compliance notices highlight historical reporting gaps, though management confirmed no material financial or operational disruption.
Mr. Rabindra Purohit tendered his resignation as Vice President – Legal, Company Secretary, and Compliance Officer effective from the close of business hours on September 28, 2026, to pursue external career opportunities. The company initiated steps to appoint a successor within prescribed statutory timelines.
Changes in key managerial personnel require seamless transition in compliance oversight, though normal corporate governance provisions apply.
a press release dated July 30, 2026, titled "Press Release on Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026".
Sailesh C. Mehta has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 10.77% on 30 September 2026. This compares with 10.96% on 30 June 2026, a change of -0.19 percentage points.
The filing reported 25 MF/UTI holders.
What to Watch Next
- Commissioning timelines and progress updates on the 376-KTPA TAN project at Gopalpur and the Dahej nitric acid plant targeted for H2 FY2027
- Nutrient-based subsidy (NBS) rate announcements by the government impacting the fertiliser segment
- Developments regarding pending income tax litigation and appellate proceedings
- Cash volume and delivery percentage trends relative to the 20-day average volume
More Deepak Fertilisers & Petrochemicals Corp. news and dated analysis →
Frequently Asked Questions
What is the latest Deepak Fertilisers & Petrochemicals Corp. company news?
ICRA Limited reaffirmed the company's long-term fund-based term loan rating at [ICRA]AA- while removing it from Watch with Developing Implications and assigning a Positive outlook. The rating action reflects stable ammonia production supported by scheduled gas supplies under the Equinor contract and healthy profitability in Performance Chemiserve Limited. ICRA also noted advanced implementation stages for the 376-KTPA TAN project at Gopalpur and the nitric acid plant at Dahej.
How strong was Deepak Fertilisers & Petrochemicals Corp.’s trading volume?
1.60 lakh shares traded, 0.49 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.