The firm may raise funds by issuance of qualified institution placement (QIP) or preferential allotment or any other appropriate mode, as may be decided by the board. Deep Industries is a leading provider of energy solutions. The company specializes in air and gas compression services, drilling and workover services, gas dehydration services, and integrated project management services. The company's comprehensive portfolio includes various machines, equipment, and tools used in the oil and gas industry from exploration and production services to midstream services. The company's net profit jumped 30.8% to Rs 38.41 crore on a 28.9% increase in net sales to Rs 130.62 crore in Q2 FY25 over Q2 FY24. The scrip slipped 6.70% to end at Rs 546.10 on the BSE. Powered by Capital Market - Live

Deep Industries will hold a meeting of the Board of Directors of the Company on 28 December 2024.Powered by Capital Market - Live

The total estimated value of the said award is $7.30 million, which is equivalent to approximately Rs 62 crore. Deep Industries is a leading provider of energy solutions. The company specializes in air and gas compression services, drilling and workover services, gas dehydration services, and integrated project management services. The company's comprehensive portfolio includes various machines, equipment, and tools used in the oil and gas industry from exploration and production services to midstream services. The scrip shed 0.93% to currently trade at Rs 596.60 on the BSE. Powered by Capital Market - Live

Deep Industries has received Letter of Award from Selan Exploration Technology Limited for Integrated Drilling Services for Selan operated blocks for a period of 18 months. The total estimated value of the said award is USD 7.30 Million equivalent to approximate Rs 62 crore.Powered by Capital Market - Live

Net profit of Deep Industries rose 30.82% to Rs 38.41 crore in the quarter ended September 2024 as against Rs 29.36 crore during the previous quarter ended September 2023. Sales rose 28.92% to Rs 130.62 crore in the quarter ended September 2024 as against Rs 101.32 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales130.62101.32 29 OPM %44.0138.07 - PBDT61.5347.24 30 PBT51.2937.94 35 NP38.4129.36 31 Powered by Capital Market - Live

Deep Industries will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

Media Matrix Worldwide Ltd, Syncom Formulations (India) Ltd, Tribhovandas Bhimji Zaveri Ltd and CL Educate Ltd are among the other gainers in the BSE's 'B' group today, 09 September 2024.Deep Industries Ltd spiked 19.06% to Rs 473.45 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3.45 lakh shares were traded on the counter so far as against the average daily volumes of 46895 shares in the past one month. Media Matrix Worldwide Ltd soared 16.47% to Rs 18.32. The stock was the second biggest gainer in 'B' group. On the BSE, 28.41 lakh shares were traded on the counter so far as against the average daily volumes of 1.48 lakh shares in the past one month. Syncom Formulations (India) Ltd surged 16.25% to Rs 26.9. The stock was the third biggest gainer in 'B' group. On the BSE, 98.6 lakh shares were traded on the counter so far as against the average daily volumes of 42.91 lakh shares in the past one month. Tribhovandas Bhimji Zaveri Ltd rose 15.31% to Rs 269.2. The stock was the fourth biggest gainer in 'B' group. On the BSE, 2.32 lakh shares were traded on the counter so far as against the average daily volumes of 1.58 lakh shares in the past one month. CL Educate Ltd spurt 15.10% to Rs 118.75. The stock was the fifth biggest gainer in 'B' group. On the BSE, 2.42 lakh shares were traded on the counter so far as against the average daily volumes of 68562 shares in the past one month. Powered by Capital Market - Live

Deep Industries has received Letter of Award from Oil and Natural Gas Corporation for Hiring of services for a skid mounted modular type gas separation system and gas compression units including operation and maintenance at Rokhia GCS Tripura Asset for a period of 3 years. The total estimated value of this award is approximately Rs 63 crore. Powered by Capital Market - Live

Net profit of Deep Industries rose 18.78% to Rs 37.06 crore in the quarter ended June 2024 as against Rs 31.20 crore during the previous quarter ended June 2023. Sales rose 21.85% to Rs 123.46 crore in the quarter ended June 2024 as against Rs 101.32 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales123.46101.32 22 OPM %40.9842.43 - PBDT58.9246.96 25 PBT49.1037.94 29 NP37.0631.20 19 Powered by Capital Market - Live