Deepak Fertilizers and Petrochemicals

Hi,

Hi, The Q2 quarter falls under monsoon which is like a seasonal low in terms of volumes, The management in PPT have mentioned that next quarter the volumes would fall.

I think personally I am interested in seeing how the market would react to next quarter and then take a decision. Please note next quarter we would have the depreciation effect.

you can track ammonia price here on a monthly basis, this would give a better idea

There is no significant recovery and they are still at loss or par.

The biggest challenge to assess is how much is already priced in the market, I personally will be in a better position to decide on this company after Q2.