NIFTY 22508.35 BANK 48163.65

DEEP ENERGY RESOURCES LIMITED
Share Price Target & Analysis

NSE:DEEPENR

183.07

VWAP

180.00

Open

179

Close

185.00

High

179.00

Low

237.00

52 Week High

184.80 ⇧
5.60 (3.13%)

DEEPENR

(OIL & GAS)
60.4% Momentum

Sideways to Positive

105.20

52 Week Low

0.29

EPS

9.33

PE

1.54

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 184.80, 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 18, 2024 is 1.54.

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 72.60% is very crucial parameter which shows that 72.60% investors are anticipating that the price of DEEPENR share should go up with VWAP at 183.07.

Now, the main question is whether to BUY or SELL, NSE:DEEPENR at current valuation.
As per latest Analysis No. #427:-

⇑ 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 18, 2024)

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

DEEP ENERGY RESOURCES LIMITED share price moved Up by 3.13% from its previous close of Rs 179. DEEPENR stock last traded price is 184.80. DEEPENR share price trend is Up with a total of 954 stocks traded till now. It has touched an intraday high of Rs 185.00 and an intraday low of Rs 179.00. The DEEPENR trading at 184.80, Up by Rs. 5.60, or 3.13 percent which suggests that most of the Traders are anticipating that the price of DEEPENR share should go Up.

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 Up by 3.13%. DEEPENR share price short term trend is Up. It suggests that DEEPENR Share Price for Tomorrow remains the same with VWAP at 183.07 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

 184.80

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 184.80. DEEPENR share price moved Up by 3.13% from its previous close of Rs 179.

DEEP ENERGY RESOURCES LIMITED share price trend is Up with a total of 954 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 184.80, Up by Rs. 5.60, or 3.13 percent which suggests that most of the Traders are anticipating that the price of DEEPENR share should go Up and the Stop Loss will be around 183.07.

The market cap of DEEP ENERGY RESOURCES LIMITED is ₹131.9 (in Cr) as of May 17, 2024.

The current price to earning ratio for DEEP ENERGY RESOURCES LIMITED as of May 17, 2024 is 9.33.

The current price to book ratio for DEEP ENERGY RESOURCES LIMITED as of May 17, 2024 is 1.54.

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 ₹184.80, Up by Rs. 5.60, or 3.13 percent which suggests that most of the traders are anticipating that the price of DEEPENR share should go Up.

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 18, 2024 is 1.54.


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 277.45 23.46 222.84
GAIL 203.90 11.05 84.64
GUJGASLTD 556.50 16.6 111.7
ASIANENE 290.40 7.27 48.1
PETRONET 312.20 22.75 99.56
IGL 443.00 24.97 122.17
OIL 639.35 48.98 316.9
GSPL 295.20 22.77 182.03
HINDOILEXP 201.75 13 70.3
JINDRILL 752.25 34.57 367.21
Updated at: 17 May 2024 15:57

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