All in all, there is only one problem with Deep Inds, the ONGC contract being cancelled. Ups and downs are a part and parcel of every business. However, the management can still be counted upon to show a turnaround. Afterall, it is not a child play to set up such a niche industry as Deep's and then shut shop if one company withdraws support.
From a retail investor point of view, the question that needs to be asked is, with such a big factor of ONGC withdrawing contract, at what price DEEP is to be bought?