Support and Resistance Levels
Past performance
About Deep Industries Ltd Deep Industries Limited, established originally as Deep CH4 Limited in 2006, is a prominent player in India's oil and gas field services sector, specializing in Natural Gas Compression, Drilling and Workover Rigs, Natural Gas Dehydration, and Integrated Project Management Services. The company underwent significant rebranding, adopting its current name in 2020. Leveraging strategic partnerships and acquisitions, Deep Industries has expanded its global footprint, notably through a 94.98% acquisition of Dolphin Offshore Enterprises in 2023, and a 74% stake in Breitling Drilling Private Limited.
The company's growth strategy includes forming subsidiaries such as Deep Onshore Services and SAAR International FZ-LLC in the UAE. With a focus on advanced, fuel-efficient equipment, Deep Industries positions itself as a comprehensive service provider in the energy sector. The demerger from Deep Energy Resources Limited in 2019-2020 further solidified its market presence, granting shareholders significant equity shares, enhancing its resource base and market capabilities.