The Deep Industries' stock is down 13 percent in the last two sessions on fear that the ONGC contract is in jeopardy. In an interview to CNBC-TV18, Paras Savla, CMD of Deep Industries spoke about the latest happenings in the company.

See revenue growth of 70% continuing in FY17: Deep Industries

The promoters of the company have plans to increase the stake to about 75 percent, says Paras Savla, CMD of Deep Industries.

New gas dehydration drives revenue growth in Q3: Deep Ind CMD

In an interview with CNBC-TV18, Paras Salva, CMD of the company gave credit to the new business vertical of gas dehydration for the revenue growth in this quarter.

Deep Industries wins order worth Rs 90.3 crore from ONGC

The company's new order is a 1000 Horse Power drilling rig order for ONGC's Tripura project, Deep Industries's Chairman & MD Paras Savla told CNBC-TV18.