Bengaluru, July 15 -- The shares of Deepak Fertilizers & Petrochemicals Corp Ltd are in focus after signing a 1,200 crore long-term regasifying contract with Petronet LNG. In this article, we will discuss more about the details.

With a market capitalization of Rs 20,480 crore, the shares of Deepak Fertilizers & Petrochemicals Corp are currently trading at Rs 1,621 per share, down by 8.8 percent from its 52-week high of Rs 1,776.95 per share. Over the past five years, the stock has delivered a robust return of 1,337 percent.

Deepak Fertilisers signed a five-year agreement with Petronet LNG Limited to regasify (converting Liquefied Natural Gas back into its gaseous form) around 25 TBTUs of Liquefied Natural Gas (LNG) each year.

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