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Agriculture

Deepak Fertilisers shares jump 10% on expansion, fund raising plans

Updated : April 16, 2019 01:18 PM IST

Shares of Deepak Fertilisers has gained 10 percent to Rs 153 after company announces the commercial production of Nitric Acid complex at Dahej, Gujarat.
Since April 1, the stock has moved up 15 percent to current levels, and since yesterday, it has escalated by 10 percent.
The company is also considering to issue FCCBs (Foreign Currency Convertible Bonds), and CCD (Compulsorily Convertible Bonds) for USD 30 million, each.
Deepak Fertilisers shares jump 10% on expansion, fund raising plans

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