Deepak Fertilisers And Petrochemicals Corporation Limited share price

Deepak Fertilisers And Petrochemicals Corporation Limited engages in the manufacture, trade, and sale of bulk chemicals in India. It operates through the Chemicals, Fertilisers, and Realty segments. The company offers chemicals, including ammonia, methanol, dilute and concentrated nitric acid, carbon dioxide, iso-propyl alcohol, propane, and bulk and speciality chemicals; and fertilisers, such as nitro phosphate, mutriate of potash, diammonium phosphate ap, ammonium sulphate, mixtures, single super phosphate, sulphur, micronutrients, SSF, and bio fertilisers. It also provides pharmacopeia solvents under the PUROSOLV name; food-grade liquid carbon dioxide and solar-grade nitric acid; stainle…Read more

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ChemicalsChemicalsNifty 500 Nifty Smallcap 250NSE: DEEPAKFERTISIN INE501A01019

16 Oct 2026, 3:29 PM IST₹1,344.10▲ 35.10 (2.68%)

Market Cap₹ 16,985 Cr.
Current Price₹ 1,344.10
High / Low₹ 1,681 / 866
Stock P/E17.2
Book Value₹ 542
Dividend Yield0.76 %
ROCE11.2 %
ROE11.30 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 77.96
Price / Book2.48
OPM13.6 %
Debt / Equity0.83
Sales growth (5Y)14.6 %
Profit growth (5Y)12.7 %
Promoter holding47.1 %
EV / EBITDA11.1
Beta0.05
All-time high₹ 1,779

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
DEEPAKFERT	+2.21%	-16.05%	+12.13%	+4.43%	-6.73%	+25.43%	+25.02%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Deepak Fertilisers And Petrochemicals Corporation Limited is in the Chemicals industry (Basic Materials), with a market value of ₹16,985 crore.
It trades at 17.2 times its last 12 months' earnings and 2.5 times book value.
Revenue grew 14.6% a year over the last 5 years, profit 12.7% a year.
Return on equity was 11.3% and return on capital employed 11.2% in the latest year.
Debt was 0.83 times shareholders' equity.
The share price is 20.0% below its 52-week high and down 6.7% over one year.
Promoters and insiders hold about 47.1%; institutions about 19.0%.

Pros

Latest quarter (Jun 2026): sales up 22% and profit up 101% from a year ago.
Institutional (FII + DII) holding has risen by 8.9 points over 3 years.

Cons

No standout weaknesses in the reported figures.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Deepak Fertilisers And Petrochemicals Corporation Limited

Employees: 1,205
Head office: Pune
NSE industry: Chemicals

Basic MaterialsChemicalsChemicals

Part ofNifty 500 Nifty Smallcap 250

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Deepak Fertilisers And Petrochemicals Corporation	1,344.10	17.2	16,985	0.76	490	100.95	3,256	22.47	11.2	11.3	2.48	13.6	0.83	47.09	11,506	14.6
2.	Navin Fluorine International	8,167.00	53.0	41,903	0.18	243	107.67	1,045	44.07	18.7	20.1	10.53	28.6	0.32	28.59	3,314	16.5
3.	Deepak Nitrite	1,598.50	27.8	21,802	0.47	345	207.50	2,578	36.39	10.8	9.8	3.74	9.8	0.28	49.85	7,761	-0.5
4.	Tata Chemicals	633.15	—	16,130	1.75	-17	—	4,255	21.26	-3.0	-8.9	0.76	4.2	0.38	38.71	14,397	-4.8
5.	Gujarat Narmada Valley Fertilizers & Chemicals	564.20	8.0	8,290	3.67	312	275.90	2,238	39.79	10.4	9.1	0.91	8.3	0.00	43.47	7,773	-8.8
6.	Archean Chemical Industries	478.60	60.7	5,909	0.53	31	-23.67	327	11.92	7.7	5.6	3.05	13.6	0.24	53.43	1,077	-9.2
7.	Ellenbarrie Industrial Gases	339.05	39.6	4,778	0.00	35	86.84	99	18.04	13.0	14.2	4.89	25.6	0.19	77.76	342	16.9
8.	Foseco India	6,260.00	48.2	4,742	0.40	36	—	231	—	9.0	10.5	4.72	17.3	0.00	73.26	642	16.5
9.	Gujarat Alkalies and Chemicals	585.10	64.7	4,297	3.00	55	—	1,245	12.65	1.3	0.0	0.83	0.6	0.16	79.29	4,246	-1.2
10.	Epigral	995.80	15.9	4,296	0.51	100	-37.93	705	16.29	13.9	16.1	1.93	16.0	0.26	68.86	2,527	4.8
	Median: 28 Co.	814.48	17.9	3,199	0.52	77	100.95	1,145	21.26	10.6	10.2	1.74	9.1	0.25	51.64	3,780	-0.9

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	2,313	2,424	1,853	2,086	2,281	2,747	2,579	2,667	2,659	3,006	2,830	3,011	3,256
YOY Sales Growth %	-23.69%	-10.85%	-32.75%	-25.37%	-1.37%	13.31%	39.21%	27.85%	16.54%	9.43%	9.73%	12.90%	22.47%
	2,032	2,138	1,570	1,648	1,817	2,253	2,093	2,187	2,146	2,542	2,477	2,657	2,411
Material Cost %	74%	72%	65%	59%	62%	66%	65%	66%	65%	69%	71%	72%	58%
Employee Cost %	5%	6%	6%	7%	7%	6%	6%	4%	6%	5%	5%	5%	6%
Other Expenses %	9%	10%	13%	13%	11%	10%	10%	11%	10%	10%	11%	11%	10%
Operating Profit	281	286	282	438	464	494	486	480	513	464	353	354	845
OPM %	12%	12%	15%	21%	20%	18%	19%	18%	19%	15%	12%	12%	26%
Other Income	20	19	11	72	12	7	13	50	24	27	46	6	6
Interest	79	107	106	112	111	103	98	101	88	75	96	93	95
Depreciation	59	81	91	102	95	100	100	109	103	106	108	106	105
Profit before tax	162	117	97	296	270	299	301	320	345	310	195	161	651
	30%	46%	37%	26%	26%	28%	16%	13%	29%	31%	27%	13%	25%
Current tax	52	84	46	158	99	97	32	84	107	82	68	28	93
Deferred tax	-4	-31	-10	-81	-29	-12	16	-42	-6	14	-15	-7	69
	114	63	61	220	200	214	253	278	244	214	141	139	490
Minority share	4	3	3	5	4	4	2	1	1	1
Profit to shareholders	110	60	58	215	196	210	251	277	243	213	141	139	490
YOY Profit Growth %	-73.92%	-76.98%	-76.00%	-14.66%	75.72%	237.38%	318.12%	26.51%	22.14%	-0.02%	-44.09%	-49.83%	100.95%
EPS in Rs	8.72	4.76	4.56	17.01	15.49	16.64	19.86	21.96	19.26	16.89	11.21	11.04	38.82
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	578	476	426	443	452	531	519	449	584	505	401	474	517
YOY Sales Growth %	-2.57%	-25.57%	-16.90%	-26.77%	-21.71%	11.52%	21.79%	1.33%	29.08%	-4.88%	-22.71%	5.63%	-11.43%
	469	387	375	358	357	397	427	379	466	416	384	438	411
Material Cost %	69%	65%	70%	65%	62%	60%	68%	66%	66%	68%	76%	72%	63%
Employee Cost %	6%	6%	6%	5%	7%	7%	6%	5%	5%	5%	5%	8%	5%
Other Expenses %	6%	10%	11%	10%	10%	8%	8%	13%	9%	9%	15%	13%	12%
Operating Profit	109	89	51	85	95	134	92	69	118	89	17	36	106
OPM %	19%	19%	12%	19%	21%	25%	18%	15%	20%	18%	4%	8%	21%
Other Income	45	34	32	88	32	34	34	154	28	9	29	119	14
Interest	12	12	8	8	10	11	10	9	7	8	6	6	7
Depreciation	17	17	19	28	20	22	21	22	22	22	23	23	21
Profit before tax	126	94	57	138	97	134	95	193	117	67	17	126	92
	25%	31%	25%	18%	26%	25%	30%	9%	26%	25%	36%	3%	26%
Current tax	25	24	11	31	24	33	22	22	30	16	2	4	23
Deferred tax	6	5	3	-6	2	1	7	-4	0	1	4	-0	1
	94	65	43	112	71	100	67	175	87	50	11	122	68
YOY Profit Growth %	-6.75%	-5.23%	-7.70%	47.04%	-24.05%	55.20%	57.20%	55.41%	21.74%	-50.03%	-83.89%	-30.37%	-21.31%
EPS in Rs	7.44	5.11	3.37	8.90	5.65	7.93	5.30	13.83	6.88	3.96	0.85	9.63	5.41
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	6,062	6,062	4,685	5,808	7,663	11,301	8,676	10,274	11,506	12,104
YOY Sales Growth %			-22.70%	23.97%	31.93%	47.47%	-23.23%	18.42%	11.99%
	5,516	5,516	4,221	4,853	6,307	9,135	7,389	8,350	9,822	10,087
Material Cost %	75%	75%	71%	65%	66%	68%	68%	65%	70%	67%
Employee Cost %	4%	4%	7%	6%	6%	5%	6%	6%	5%	6%
Other Expenses %	12%	12%	13%	12%	10%	8%	11%	11%	10%	10%
Operating Profit	545	545	464	955	1,356	2,165	1,287	1,925	1,684	2,016
OPM %	9%	9%	10%	16%	18%	19%	15%	19%	15%	17%
Other Income	24	24	95	33	44	84	123	81	103	85
Interest	173	173	243	188	155	195	404	413	353	359
Depreciation	163	163	214	212	233	239	334	403	424	425
Profit before tax	233	233	103	588	1,013	1,816	672	1,189	1,010	1,316
	29%	29%	14%	31%	32%	33%	32%	21%	27%	25%
Current tax	23	23	4	187	315	552	340	313	285
Deferred tax	43	43	10	-5	10	43	-125	-68	-13
	164	164	89	406	687	1,221	457	945	739	985
Profit from associates	-2	-2	-0
Minority share	1	1	2	6	9	11	15	11	2	1
Profit to shareholders	163	163	87	400	678	1,210	443	934	737	984
YOY Profit Growth %			-45.76%	356.62%	69.15%	77.59%	-62.55%	106.61%	-21.80%
EPS in Rs	18.60	18.60	9.83	41.47	60.44	97.70	35.05	73.95	58.40	77.96
Dividend Payout %						9%	29%	12%	17%

Compounded Sales Growth

5 Years:: 15%
3 Years:: 1%
TTM:: 14%

Compounded Profit Growth

5 Years:: 13%
3 Years:: -15%
TTM:: 0%

Stock Price CAGR

5 Years:: 25%
3 Years:: 25%
1 Year:: -7%

Return on Equity

4 Years:: 15%
Last Year:: 11%

₹ Cr	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	3,214	1,708	1,811	2,289	2,350	1,923	1,951	1,964	1,897
YOY Sales Growth %		-46.87%	6.06%	26.40%	2.64%	-18.18%	1.46%	0.67%
	3,029	1,596	1,425	1,962	1,976	1,588	1,560	1,705	1,649
Material Cost %	86%	82%	65%	75%	75%	67%	64%	70%	69%
Employee Cost %	2%	4%	5%	4%	3%	6%	6%	6%	6%
Other Expenses %	6%	8%	9%	7%	6%	9%	10%	11%	12%
Operating Profit	186	112	386	327	374	334	390	259	248
OPM %	6%	7%	21%	14%	16%	17%	20%	13%	13%
Other Income	66	68	46	88	134	199	254	185	171
Interest	71	85	87	69	51	40	39	27	27
Depreciation	51	72	73	80	67	81	86	90	89
Profit before tax	131	22	272	266	390	413	519	326	302
	14%	-40%	23%	26%	25%	24%	20%	17%	17%
Current tax	22		52	67	89	91	101	53
Deferred tax	-4	-9	11	1	10	9	5	4
	113	31	209	198	291	313	413	269	251
YOY Profit Growth %		-72.80%	580.53%	-5.36%	47.31%	7.56%	31.79%	-34.81%
EPS in Rs	12.80	3.46	21.65	17.62	23.52	24.82	32.72	21.33	19.85
Dividend Payout %					37%	40%	26%	47%

Compounded Sales Growth

5 Years:: 2%
3 Years:: -6%
TTM:: -9%

Compounded Profit Growth

5 Years:: 5%
3 Years:: -3%
TTM:: -41%

Stock Price CAGR

5 Years:: 25%
3 Years:: 25%
1 Year:: -7%

Return on Equity

4 Years:: 15%
Last Year:: 11%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	126	126	126	126
Reserves	4,941	5,416	6,110	6,718
	3,699	4,149	4,152	5,670
Long term borrowings	3,231	3,063	2,777	4,073
Short term borrowings	382	983	1,156	1,413
	2,655	2,488	2,759	3,973
Trade payables	1,777	1,285	1,714	2,158
Minority interest	126	38	17	619
Current liabilities	2,817	3,054	3,526	4,426
Total Liabilities	11,421	12,178	13,148	16,488
	6,018	6,867	7,566	8,979
Gross block	7,297	8,428	9,483	11,288
Accumulated depreciation	1,279	1,560	1,917	2,309
Goodwill & intangibles	81	65	67	69
CWIP	3,620	876	1,639	3,191
	1,782	4,435	3,942	4,319
Inventories	1,259	1,192	1,069	1,738
Trade receivables	1,691	1,476	1,617	2,343
Cash & equivalents	279	225	354	397
Current assets	4,384	4,158	4,202	6,031
Total Assets	11,421	12,178	13,148	16,488

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	493	732	1,880	206
Profit for the year	1,210	453	934	737
Working capital changes	-1,170	-262	333	-1,288
Direct taxes paid	-536	-313	-423	-261
	-979	-376	-1,062	-1,559
Fixed assets purchased	-1,209	-885	-1,136	-1,570
Fixed assets sold	1	59	19	1
Investments purchased	-101			-5
Investments sold	316	426	107	77
	604	-410	-689	1,376
Proceeds from borrowings	1,352	3,363	2,805	2,192
Repayment of borrowings	-230	-3,084	-2,621	-820
Interest paid	-380	-518	-436	-506
Dividends paid	-109	-126	-108	-126
Net Cash Flow	118	-54	129	24
Free Cash Flow	-716	-153	744	-1,364

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	7.9%	7.9%	4.1%	16.4%	20.6%	27.0%	8.4%	16.0%	11.3%
Operating margin	9.0%	9.0%	9.9%	16.4%	17.7%	19.2%	14.8%	18.7%	14.6%
Net margin	2.7%	2.7%	1.9%	7.0%	9.0%	10.8%	5.3%	9.2%	6.4%
Interest coverage	2.34	2.34	1.43	4.13	7.54	10.32	2.66	3.88	3.86
Tax rate	28.5%	28.5%	13.6%	30.9%	32.1%	32.8%	32.0%	20.6%	26.9%
Book value / share	₹232	₹232	₹244	₹263	₹322	₹401	₹428	₹494	₹542

Balance-sheet ratios

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROCE	23.1%	11.6%	16.6%	11.2%
Debt / equity	0.73	0.75	0.67	0.83
Current ratio	1.56	1.36	1.19	1.36
Debtor days	71	76	70	91
Inventory days	59	72	58	78
Days payable	83	78	92	97
Cash conversion cycle	47	70	36	72
Working capital days	66	57	29	62

ROE = profit for shareholders ÷ average net worth (paid-up capital + reserves, from each year's March results filed with NSE). Interest coverage = (profit before tax + interest) ÷ interest. ROCE = EBIT ÷ (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; working capital days = (current assets − current liabilities) ÷ sales × 365. Balance-sheet ratios are shown for the years whose full balance sheet is available (Yahoo Finance and NSE filings from FY2025).

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 45.63%
FIIs 10.02%
DIIs 14.69%
Public 29.67%

%	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	45.46%	45.46%	45.63%	45.63%	45.63%	45.63%	45.63%	45.63%	45.63%	45.63%	45.63%	45.63%
	12.97%	13.15%	12.76%	9.84%	9.67%	11.56%	10.74%	11.25%	10.95%	10.31%	10.31%	10.02%
Foreign portfolio investors (Cat. I)	8.61%	8.75%	7.85%	8.49%	8.98%	10.71%	10.08%	10.78%	10.54%	9.97%	9.94%	9.80%
Foreign portfolio investors (Cat. II)	0.50%	0.55%	1.05%	1.36%	0.69%	0.85%	0.65%	0.47%	0.40%	0.34%	0.37%	0.22%
	2.82%	3.49%	3.16%	6.30%	10.02%	8.82%	11.32%	12.26%	12.60%	13.17%	13.24%	14.69%
Mutual funds	1.51%	1.50%	1.38%	4.04%	6.07%	4.71%	8.23%	8.97%	9.03%	9.66%	9.58%	10.96%
Insurance companies	0.64%	1.29%	1.36%	1.70%	2.73%	2.76%	2.55%	2.65%	2.90%	2.79%	2.81%	2.86%
Banks					0.01%
Alternative investment funds	0.67%	0.69%	0.41%	0.55%		1.31%	0.53%	0.64%	0.67%	0.71%	0.84%	0.86%
	38.75%	37.90%	38.45%	38.23%	34.69%	33.99%	32.31%	30.86%	30.82%	30.89%	30.82%	29.67%
Retail (up to ₹2 lakh)	25.08%	24.43%	26.03%	24.24%	20.27%	19.56%	18.82%	18.21%	18.07%	17.76%	18.00%	16.97%
HNIs (above ₹2 lakh)	6.15%	6.16%	5.66%	6.30%	6.71%	6.52%	6.20%	5.93%	6.01%	6.19%	6.27%	6.19%
NRIs	2.12%	2.07%	2.07%	2.13%	1.90%	1.85%	2.08%	2.04%	2.05%	1.99%	1.97%	1.98%
Bodies corporate	2.99%	2.79%	2.24%	2.91%	3.48%	3.61%	2.81%	2.31%	2.32%	2.27%	1.99%	1.90%
IEPF	1.13%	1.13%	1.12%	1.12%	1.12%	1.33%	1.33%	1.33%	1.33%	1.44%	1.43%	1.42%
No. of Shareholders	2,28,828	2,18,290	2,38,094	2,16,469	1,92,585	1,92,498	1,93,083	2,08,392	2,12,266	1,99,706	1,96,724	1,78,847

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Deepak Fertilisers And Petrochemicals Corporation

Holder (above 1%)	Stake
SBI ELSS Tax Saver FundMutual fund	6.34%
Sbi Life Insurance Co. LtdInsurance	2.38%
ICICI PRUDENTIAL EQUITY & DEBT FUNDMutual fund · see the fund house	1.22%

As named in the shareholding pattern for Jun 2026 filed with NSE; mutual funds together hold 10.96% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 25 Aug 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Deepak Fertilisers and Petrochemicals Corporation Limited (NSE:DEEPAKFERT) Closes Trading Window From 1 OctoberKalkine India · 28 Sep 2026

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Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Deepak Fertilisers And Petrochemicals Corporation Limited

What is the share price of Deepak Fertilisers And Petrochemicals Corporation Limited today?

Deepak Fertilisers And Petrochemicals Corporation Limited (DEEPAKFERT) last traded at ₹1,344.10 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of Deepak Fertilisers And Petrochemicals Corporation Limited?

About ₹16,985 crore at the latest price.

What is the P/E ratio of Deepak Fertilisers And Petrochemicals Corporation Limited?

About 17.2 times its earnings over the last 12 months.

Is Deepak Fertilisers And Petrochemicals Corporation Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Deepak Fertilisers And Petrochemicals Corporation Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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