NIFTY 22200.55 BANK 47687.45

DEEP ENERGY RESOURCES LIMITED
Share Price Target & Analysis

NSE:DEEPENR

181.91

VWAP

187.00

Open

183.9

Close

187.00

High

179.00

Low

237.00

52 Week High

180.65 ⇩
-3.25 (-1.77%)

DEEPENR

(OIL & GAS)
57.2% Momentum

Turnaround Potential

105.20

52 Week Low

0.29

EPS

9.21

PE

1.5

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: DEEPENR Share Price Financial Analysis & Valuation

DEEP ENERGY RESOURCES LIMITED (DEEPENR) is broadly categorized in OIL & GAS segment industry which deals in Oil Drilling And Exploration vertical. It is one of Micro Cap company with Market Capitalization of Rs 131.9 (in Cr). Total number of free float shares are 3.2 (in Lacs). DEEP ENERGY RESOURCES LIMITED is listed on NSE with Exchange ID - INE677H01012 and trading code is NSE:DEEPENR with short name Deep Energy Res.

In the past 1 year, DEEP ENERGY RESOURCES LIMITED has declared an equity dividend of Rs 0 per share. At the current share price of DEEPENR at Rs 180.65, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:DEEPENR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine DEEPENR underlying value and future prospects. All of this data is available in DEEPENR financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:DEEPENR, it is clearly understood that DEEPENR is Economical performer in terms of earnings and profit margins with an EPS of 0.29. NSE:DEEPENR book value per share as of today is 120.13. The current price to book ratio for DEEPENR as of May 16, 2024 is 1.5.

Valuation of the Stock: The current valuation of DEEPENR stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of DEEPENR whether to BUY this stock at current valuation. The delivery percentage of DEEPENR is 72.27% is very crucial parameter which shows that 72.27% investors are anticipating that the price of DEEPENR share should go up with VWAP at 181.91.

Now, the main question is whether to BUY or SELL, NSE:DEEPENR at current valuation.
As per latest Analysis No. #423:-

⇑ STRONG BUY DEEPENR if All Greens

⇗ BUY DEEPENR (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD DEEPENR (With Stop Loss) if only 1 Green

⇘ SELL DEEPENR if NO Green Indicator

NSE: DEEPENR Share Price Today (May 16, 2024)

(DEEP ENERGY RESOURCES LIMITED Daily Analysis on the basis of DEEPENR Intraday Graph & Trend)

DEEP ENERGY RESOURCES LIMITED share price moved Down by -1.77% from its previous close of Rs 183.9. DEEPENR stock last traded price is 180.65. DEEPENR share price trend is Down with a total of 15984 stocks traded till now. It has touched an intraday high of Rs 187.00 and an intraday low of Rs 179.00. The DEEPENR trading at 180.65, Down by Rs. -3.25, or -1.77 percent which suggests that most of the Traders are anticipating that the price of DEEPENR share should go Down.

NSE: DEEPENR Share Price Tomorrow Prediction

(DEEP ENERGY RESOURCES LIMITED Share Price Prediction for Tomorrow & future forecast is based on Current Trend of DEEPENR)

DEEP ENERGY RESOURCES LIMITED share price moved Down by -1.77%. DEEPENR share price short term trend is Down. It suggests that DEEPENR Share Price for Tomorrow remains the same with VWAP at 181.91 will be treated as stop loss for intraday traders. DEEP ENERGY RESOURCES LIMITED Long term investors can follow the DEEPENR long term trend as mentiond in future forecast table.

NSE Code

NSE: DEEPENR

DEEPENR Share Price Today

 180.65

DEEPENR Share Price Target Prediction for 2024 ^

 164.7 - 238.2

DEEPENR Share Price Target Prediction for 2025*^

 238.2 - 247.7

DEEPENR Share Price Target Prediction for 2026*^

 247.7 - 260.1

DEEPENR Share Price Target Prediction for 2027*^

 273

DEEPENR Share Price Target Prediction for 2028*^

 276

DEEPENR Share Price Target Prediction for 2030*^

 298
DEEPENR Current Book Value 2023
119.5

*DEEP ENERGY RESOURCES LIMITED Short Term & Long Term share price target is based on current financial year earings of the company.
^DEEPENR share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

DEEPENR Technical Analysis

Candlestick Pattern: @180.65

DEEPENR Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 180.32 BUY 181.52 SELL
MA_12 184 SELL 182.82 SELL
MA_20 183.98 SELL 183.18 SELL
MA_32 183.92 SELL 183.23 SELL
MA_50 182.41 SELL 182.97 SELL
MA_100 185.47 SELL 180.35 BUY
MA_200 164.62 BUY 166.57 BUY

DEEPENR Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 183.98 Downtrend
MACD -0.66 SELL
ADX 21.72 NO or Weak Trend
DMI (+/-) 22.99 / 15.69 Uptrend

DEEPENR Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 47.22 Neutral
STOCHASTIC_K (Fast) 55 Neutral
STOCHASTIC_D (Slow) 47.85 Neutral
CCI -44.39 Neutral
PSAR 205.91 SELL
TRUE RANGE 8 Neutral
ATR 9.26 Neutral
WILLIAMS R -84.25 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 46.32 Neutral
STOCHASTIC RSI D 54.3 Neutral
MOMENTUM -2.3 SELL

DEEPENR Last 1 Year Trend

Duration Value
1 Year 81.65%
3 Months -4.82%
1 Month -1.26%
1 Week -2.17%

DEEPENR Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 33%
SELL 50%

Most popular Questions & Answers about DEEPENR


DEEP ENERGY RESOURCES LIMITED stock last traded price is 180.65. DEEPENR share price moved Down by -1.77% from its previous close of Rs 183.9.

DEEP ENERGY RESOURCES LIMITED share price trend is Down with a total of 15984 stocks traded till now. It has touched an intraday high of Rs 239.37 and an intraday low of Rs 179.00. The DEEPENR trading at 180.65, Down by Rs. -3.25, or -1.77 percent which suggests that most of the Traders are anticipating that the price of DEEPENR share should go Down and the Stop Loss will be around 181.91.

The market cap of DEEP ENERGY RESOURCES LIMITED is ₹131.9 (in Cr) as of May 15, 2024.

The current price to earning ratio for DEEP ENERGY RESOURCES LIMITED as of May 15, 2024 is 9.21.

The current price to book ratio for DEEP ENERGY RESOURCES LIMITED as of May 15, 2024 is 1.5.

The highest price of DEEP ENERGY RESOURCES LIMITED stock is ₹237.00 in the last 52-week.

The lowest price of DEEP ENERGY RESOURCES LIMITED stock is ₹105.20 in the last 52-week.

DEEP ENERGY RESOURCES LIMITED share trading at ₹180.65, Down by Rs. -3.25, or -1.77 percent which suggests that most of the traders are anticipating that the price of DEEPENR share should go Down.

In 2023, Stock price target for DEEP ENERGY RESOURCES LIMITED (DEEPENR) are ₹164.7 on downside and ₹238.2 on upside. DEEP ENERGY RESOURCES LIMITED share price target is based on current financial year earings of the company.

In 2024, Stock price target for DEEP ENERGY RESOURCES LIMITED (DEEPENR) are ₹238.2 on downside and ₹247.7 on upside. DEEP ENERGY RESOURCES LIMITED share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for DEEP ENERGY RESOURCES LIMITED (DEEPENR) are ₹247.7 on downside and ₹260.1 on upside. DEEP ENERGY RESOURCES LIMITED share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for DEEP ENERGY RESOURCES LIMITED (DEEPENR) will be around ₹276 DEEP ENERGY RESOURCES LIMITED share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of DEEPENR.

As per the fundamental analysis of DEEP ENERGY RESOURCES LIMITED (DEEPENR), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.29. DEEP ENERGY RESOURCES LIMITED book value per share as of today is 120.13. The current price to book ratio for DEEPENR as of May 16, 2024 is 1.5.


NSE:DEEPENR News & Other Useful Information about DEEPENR Share Price


Peer Comparison of NSE: DEEPENR

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Oil Drilling And Exploration

Company Price EPS BV
ONGC 273.45 23.46 222.84
GAIL 200.75 11.05 84.64
GUJGASLTD 542.50 16.6 111.7
ASIANENE 297.30 7.27 48.1
PETRONET 307.20 22.75 99.56
IGL 439.80 24.97 122.17
OIL 631.85 48.98 316.9
GSPL 291.10 22.77 182.03
HINDOILEXP 192.90 13 70.3
JINDRILL 756.65 34.57 367.21
Updated at: 15 May 2024 15:59

Feel free to contact us, in case of any queries.

SITEMAP 939
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3049.75 12.20 (0.4%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.85 6.60 (0.5%) | ADANITRANS 1021.65 -0.40 (-0.04%) | AMBUJACEM 613.25 3.05 (0.5%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 916.60 7.65 (0.84%) | AUROPHARMA 1158.40 -10.20 (-0.87%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 232.85 1.90 (0.82%) | BERGEPAINT 485.10 -9.45 (-1.91%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.90 1.00 (0.32%) | BOSCHLTD 30935.40 -946.60 (-2.97%) | BPCL 625.05 19.10 (3.15%) | BRITANNIA 5064.00 -76.80 (-1.49%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.65 -13.40 (-1.6%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4649.35 -81.20 (-1.72%) | GAIL 200.75 0.70 (0.35%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1754.15 25.05 (1.45%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3762.05 84.15 (2.29%) | HDFCBANK 1438.50 -22.45 (-1.54%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5057.30 13.85 (0.27%) | HINDALCO 653.70 7.05 (1.09%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1652.90 -30.90 (-1.84%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4295.50 148.15 (3.57%) | INDUSINDBK 1417.10 -3.90 (-0.27%) | INDUSTOWER 341.80 2.30 (0.68%) | INFY 1419.95 -4.75 (-0.33%) | IOB 61.90 0.05 (0.08%) | IOC 161.80 2.45 (1.54%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.95 -10.55 (-1.2%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3411.30 31.85 (0.94%) | LTI 4649.30 14.45 (0.31%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2302.30 32.40 (1.43%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12767.30 -46.90 (-0.37%) | MCDOWELL-N 1174.25 -1.35 (-0.11%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5941.60 -75.70 (-1.26%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.30 2.25 (0.85%) | NTPC 361.35 5.55 (1.56%) | ONGC 273.45 0.55 (0.2%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2987.45 3.70 (0.12%) | PIIND 3664.40 -3.20 (-0.09%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.85 5.60 (1.81%) | RELIANCE 2832.55 -7.60 (-0.27%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.45 -4.95 (-0.69%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.30 2.10 (0.26%) | SHREECEM 25819.65 -205.25 (-0.79%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 637.30 -9.05 (-1.4%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3880.40 -20.80 (-0.53%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3268.55 -20.35 (-0.62%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.80 4.75 (0.93%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.30 1.95 (0.43%) |