Deepak Fert. Shatters Resistance Post-Earnings: Time to Buy..?

Deepak Fertilisers & Petrochemicals Corporation Limited has announced robust financial results for the third quarter of the fiscal year 2025, revealing a remarkable net profit of ₹251 crore. This figure represents an impressive surge of 335.6% compared to the net profit of ₹57.6 crore recorded during the same quarter last year, highlighting the company's strong operational performance and growth trajectory.

On the technical front, the stock has notably breached a significant resistance level at ₹1228, indicating a bullish trend. Investors may consider taking advantage of a potential pullback to enter the stock, making it an appealing opportunity for both swing traders looking to capitalize on short-term movements and long-term investors aiming for sustained growth. Overall, this performance underscores Deepak Fertilisers' position in the market and could signal further upside potential in the coming quarters.