The shares of this company, which are in the business of oil and gas field services and specialise in providing air & gas compression services, drilling and workover services, gas dehydration services, etc., were in momentum today after the company announced a partnership with Advait Greenergy Private Limited to jointly pursue opportunities in green hydrogen projects.

With a market cap of Rs 2,200 crore, the shares of Deep Industries Ltd jumped about 8% in today’s trading session and reached a high of Rs 358.75. When compared to its previous day’s closing price of Rs 331.60. The shares are trading at a PE of 9.52, whereas their industry’s PE is at 9.16, and they have given a return of about 1500% in the last 5 years.

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