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Deepak Nitrite Ltd share price logo

Deepak Nitrite Ltd

(DEEPAKNTR)

₹2709.30.56%

as on 04:01PM, 05 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Deepak Nitrite Ltd Analyst Rating

based on 16 analysts

HOLD

37.50%

Buy

31.25%

Hold

31.25%

Sell

Based on 16 analysts offering long term price targets for Deepak Nitrite Ltd. An average target of ₹2664.44

Source: S&P Global Market Intelligence

Deepak Nitrite Ltd Share analysis

Deepak Nitrite Ltd price forecast by 16 analysts

Downside of-1.10%

High

₹3330

Target

₹2664.44

Low

₹1656

Deepak Nitrite Ltd target price ₹2664.44, a slight downside of -1.1% compared to current price of ₹2709.3. According to 16 analysts rating.

Source: S&P Global Market Intelligence

Deepak Nitrite Ltd Performance

  • Day's Low

    Day's High

    ₹2,689.65
    ₹2,722.2
  • 52 Week's Low

    52 Week's High

    ₹2,021
    ₹3,169
1 Month Return-0.03 %
3 Month Return-10.15 %
1 Year Return+ 20.52 %
Previous Close₹2,694.20
Open₹2,714.00
Volume1.39L
Upper Circuit-
Lower Circuit-
Market Cap₹36,747.01Cr

Deepak Nitrite Ltd Key Statistics

P/E Ratio43.1
PEG Ratio10.78
Market Cap₹36,747.01 Cr
P/B Ratio9.79
EPS59.45
Dividend Yield0
SectorChemicals
ROE12.66

Deepak Nitrite Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹36,747.01 Cr138.44%0.51₹810 Cr₹7,681 Cr
HOLD₹27,396.92 Cr13.13%0.53NANA
BUY₹17,817.80 Cr62.88%0.52₹270 Cr₹2,065 Cr
BUY₹21,745.09 Cr16.37%0.50₹324 Cr₹4,725 Cr
HOLD₹10,569.31 Cr77.5%0.51₹201 Cr₹992 Cr

About Deepak Nitrite Ltd

Deepak Nitrite Ltd is a leading Indian chemical company that was incorporated in 1984. The company specializes in the manufacture and sale of a wide range of industrial chemicals, including nitrochlorobenzene, nitrobenzene, nitroaniline, and other derivatives. Deepak Nitrite Ltd also produces specialty chemicals such as polymers, surfactants, and resins.

Deepak Nitrite Ltd is well known for its top-quality products, which are widely used in a variety of industries such as pharmaceuticals, agrochemicals, paints and coatings, and polyurethanes. The company's popular brands include Deepak Nitrite, Deepak Polymers, and Deepak Resins. These products are used to manufacture dyes, pharmaceuticals, and other industrial chemicals.

Share Price: ₹2709.30 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹36,747.01Cr as of today
Revenue: ₹2,032.00Cr as on September 2024 (Q3 24)
Net Profit: ₹194.20Cr as on September 2024 (Q3 24)
Listing date: 13 Oct, 1995
Chairperson Name: D C Mehta
OrganisationDeepak Nitrite Ltd
HeadquartersPune
IndustryChemicals
E-voting on sharesClick here to vote

Key events for Deepak Nitrite Ltd

  • Motilal Oswal Cuts Stake in Deepak Nitrite - 04 Dec, 2024

    Motilal Oswal Midcap Fund sold 0.55% of its stake in Deepak Nitrite, leading to a 6% drop in the stock price, which closed 4.5% lower.
  • Deepak Nitrite Sees Surge in Volume Amid Price Drop - 03 Dec, 2024

    On December 3, 2024, Deepak Nitrite Ltd experienced a significant surge in trading volume, reaching 16.5 lakh shares, which is 8.73 times the two-week average. However, the stock price fell by 4.76% to Rs. 2,627.70.
  • Morgan Stanley Adjusts Target Price for Deepak Nitrite - 21 Nov, 2024

    Morgan Stanley has retained its Overweight rating on Deepak Nitrite while reducing the target price to ₹3,000 from ₹3,295, citing sector challenges and cautious near-term expectations.
  • Deepak Nitrite Reports Decline in Q3 Financials - 20 Nov, 2024

    Deepak Nitrite's standalone net sales for September 2024 fell 9.83% to Rs 604.70 crore, with net profit down 9.62% to Rs 142.28 crore. EBITDA also decreased by 10.89%. The EPS dropped to Rs 10.43 from Rs 11.54 a year earlier. Despite these declines, shares closed at Rs 2,569.30, showing positive returns over 6 and 12 months.
  • Deepak Nitrite Shares Decline, Market Cap Drops - 18 Nov, 2024

    Deepak Nitrite shares fell by 2.28% today, closing at Rs 2,578.40, resulting in a market cap loss of Rs 822 crore. The stock remains under scrutiny in the specialty chemicals sector.
  • Deepak Nitrite Faces Challenges, Target Price Set - 15 Nov, 2024

    Deepak Nitrite's Q2FY25 revenue rose 14.3% YoY but declined 6.2% QoQ. Despite growth initiatives, challenges in the Advanced Intermediates business persist, prompting a 'Reduce' rating with a target price of Rs 2,438.
  • Deepak Nitrite Reports Mixed Q2 Results, Shares Rally - 14 Nov, 2024

    Deepak Nitrite's Q2 FY25 results show a 14.3% revenue increase to ₹2,032 crore, but net profit fell 5.3%. Despite mixed results, shares rallied over 6% following a significant capex approval for a new project.
  • Deepak Nitrite Reports Q2 Results and Investment Plans - 13 Nov, 2024

    Deepak Nitrite's Q2FY25 results show a 4.1% decline in PAT to Rs 194 crore, despite a 14.3% revenue increase to Rs 2,032 crore. The company plans a Rs 5,000 crore investment in a polycarbonate project.
  • Deepak Nitrite Shares Decline Over 3% - 11 Nov, 2024

    On November 11, 2024, Deepak Nitrite Ltd shares fell over 3%, trading at ₹2,592, marking a decline of ₹86.25 from the previous close. The stock has been on a downward trend, with a cumulative decline noted over recent sessions.
  • Deepak Nitrite Sees Surge in Trading Volume - 06 Nov, 2024

    Deepak Nitrite Ltd experienced a significant increase in trading volume, reaching 2.82 lakh shares, a 49.5-fold rise compared to the two-week average. The stock price rose by 1.84% to Rs. 2,745.00.

Insights on Deepak Nitrite Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.44% to 11.43% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 49.24% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 290.7% return, outperforming this stock by 271.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 79.8% return, outperforming this stock by 59.2%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 253.86 Cr → 194.19 Cr (in ₹), with an average decrease of 12.2% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 2.22K Cr → 2.05K Cr (in ₹), with an average decrease of 3.9% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, DEEPAKNTR stock has moved down by -0.4%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 22.69% to 21.78% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.86% to 6.69% in Sep 2024 quarter

Deepak Nitrite Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,778.05Cr (-)₹2,009.23Cr (↑13.00%)₹2,126.21Cr (↑5.82%)₹2,166.84Cr (↑1.91%)₹2,032.00Cr (↓6.22%)
Net Income₹205.08Cr (-)₹202.05Cr (↓1.48%)₹253.85Cr (↑25.64%)₹202.53Cr (↓20.22%)₹194.20Cr (↓4.11%)
Net Profit Margin11.53% (-)10.06% (↓12.75%)11.94% (↑18.69%)9.35% (↓21.69%)9.56% (↑2.25%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,189.69Cr (-)₹2,655.99Cr (↑21.30%)₹3,066.52Cr (↑15.46%)₹3,385.90Cr (↑10.42%)
Total Liabilities₹344.94Cr (-)₹399.99Cr (↑15.96%)₹441.46Cr (↑10.37%)₹431.36Cr (↓2.29%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹515.21Cr (-)₹441.95Cr (↓14.22%)₹227.88Cr (↓48.44%)₹310.01Cr (↑36.04%)₹418.43Cr (↑34.97%)

Index Inclusions

Nifty Midcap 150

₹21,577.65

0.43 (92.5%)

S&P BSE 250 LargeMidCap

₹10,817.39

0.72 (77.65%)

BSE Mid-Cap

₹47,500.51

0.27 (128.26%)

Nifty 500

₹23,277.95

0.77 (178.45%)

BSE 200

₹11,398.02

0.76 (85.94%)

S&P BSE 150 MidCap

₹16,333.92

0.28 (46.32%)

Nifty MidSmallcap 400

₹20,435.95

0.45 (91.15%)

S&P BSE 400 MidSmallCap

₹12,483.43

0.3 (37.57%)

Nifty LargeMidcap 250

₹16,244.75

0.66 (106.95%)

BSE 500

₹36,619.24

0.68 (248.55%)

S&P BSE Commodities

₹7,639.69

0.35 (26.66%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Deepak Nitrite Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
49.24%
0.00
Foreign Institutions
6.69%
-2.53
Mutual Funds
11.43%
9.47
Retail Investors
21.78%
-4.01
Others
10.86%
0.89

Deepak Nitrite Ltd Key Indicators

Details20202021202220232024
Return On Equity %42.6821.2723.7119.2312.66
Details20202021202220232024
Return On Assets %29.5235.4340.1627.7823.95
Details20202021202220232024
Book Value Per Share (₹)115.24172.04244.75299.85351.66
Details20202021202220232024
Earning Per Share (₹)44.856.8878.262.4659.45

Deepak Nitrite Ltd Valuation

Deepak Nitrite Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.33x)

March 23, 2020

Today (43.10x)

December 4, 2024

Industry (60.07x)

December 4, 2024

Highest (49.01x)

August 7, 2024

LowHigh

Deepak Nitrite Ltd Earnings and Dividends

  • Deepak Nitrite Ltd Earnings Results

    Deepak Nitrite Ltd’s net profit fell -5.31% since last year same period to ₹194.19Cr in the Q2 2024-2025. On a quarterly growth basis, Deepak Nitrite Ltd has generated -4.12% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Deepak Nitrite Ltd Dividends May,2024

    In the quarter ending March 2024, Deepak Nitrite Ltd has declared dividend of ₹7.50 - translating a dividend yield of 0.28%.

    Read More about Dividends

Deepak Nitrite Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Deepak Nitrite Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Deepak Nitrite Ltd

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Deepak Nitrite Ltd (DEEPAKNTR) share price today is ₹2709.3

Deepak Nitrite Ltd is listed on NSE

Deepak Nitrite Ltd is listed on BSE

  • Today’s highest price of Deepak Nitrite Ltd is ₹2722.2.
  • Today’s lowest price of Deepak Nitrite Ltd is ₹2689.65.

PE Ratio of Deepak Nitrite Ltd is 43.1

PE ratio = Deepak Nitrite Ltd Market price per share / Deepak Nitrite Ltd Earnings per share

Today’s traded volume of Deepak Nitrite Ltd(DEEPAKNTR) is 1.39L.

Today’s market capitalisation of Deepak Nitrite Ltd(DEEPAKNTR) is ₹36747.01Cr.

Deepak Nitrite Ltd(DEEPAKNTRPrice
52 Week High
₹3169
52 Week Low
₹2021

Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2709.3. It is down -14.51% from its 52 Week High price of ₹3169

Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2709.3. It is up 34.06% from its 52 Week Low price of ₹2021

Deepak Nitrite Ltd(DEEPAKNTRReturns
1 Day Returns
15.1%
1 Month Returns
-0.03%
3 Month Returns
-10.15%
1 Year Returns
20.52%