Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Deep Energy Resources Limited, a diversified oil and gas company, provides air and gas compression, gas dehydration, work over, and drilling services in India. The company is also involved in the exploration and production business of oil, gas, and coal bed methane. In addition, it provides high pressure air and gas compressors on charter hire basis. The company was formerly known as Deep Industries Limited and changed its name to Deep Energy Resources Limited in September 2020. Deep Energy Resources Limited was incorporated in 1991 and is based in Ahmedabad, India.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair value