19 Nov 2025 | 3 Mins Read
Emkay upgrades Deepak Fertilisers to 'buy' with 40% potential gain
Flipitmoney
Emkay initiates coverage on Deepak Fertilisers, projecting a 41.5% potential upside from its previous closing price. The brokerage firm has a "buy" rating and a ₹2,000 price target. Emkay is positive on the company's leadership in domestic markets and growth story alignment, with value unlocking expected from demerger plans.