Whalesbook
Emkay Global Financial Services has initiated coverage on Deepak Fertilisers and Petrochemicals Corporation Ltd. with a 'buy' rating and a price target of ₹2,000, implying a 41.5% potential upside. The brokerage cites the company's leadership in domestic mining, industrial, and water-soluble fertilizer markets, its alignment with India's growth trajectory, and upcoming demerger plans as key value drivers. Emkay anticipates significant EBITDA growth driven by capacity expansions and favourable contracts.