Deepak Nitrite Limited (BOM: 506401)

India flag India · Delayed Price · Currency is INR
2,639.15
0.00 (0.00%)
At close: Dec 19, 2024
14.19%
Market Cap 354.08B
Revenue (ttm) 83.34B
Net Income (ttm) 8.53B
Shares Out 136.39M
EPS (ttm) 62.51
PE Ratio 41.53
Forward PE 35.90
Dividend 7.50 (0.28%)
Ex-Dividend Date Jul 29, 2024
Volume 3,021
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range 2,022.80 - 3,168.65
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 14, 2025

About Deepak Nitrite

Deepak Nitrite Limited manufactures, trades and sells chemical intermediates in India and internationally. It operates through Advanced Intermediates and Phenolics segments. The company offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, speciality agrochemicals, optical brightening agent, DASDA, and benzotrifluoride for colourants, dyes, rubber, paper, agrochemicals, pharmaceuticals, personal care, water treatment, glass, explosives, and textiles industries. It provide... [Read more]

Industry Industrial Organic Chemicals
Founded 1970
Employees 1,720
Stock Exchange Bombay Stock Exchange
Ticker Symbol 506401
Full Company Profile

Financial Performance

In 2023, Deepak Nitrite's revenue was 76.82 billion, a decrease of -3.64% compared to the previous year's 79.72 billion. Earnings were 8.11 billion, a decrease of -4.82%.

Financial Statements

News

Morgan Stanley adjusts targets for Deepak Nitrite and PI Industries, highlights mixed outlook for chemical sector

Morgan Stanley has maintained its “Overweight” rating on Deepak Nitrite, reducing the target price to ₹3,000 from ₹3,295, reflecting a cautious stance due to tough pricing conditions and limited margi...

4 weeks ago - Business Upturn

Deepak Nitrite’s market cap decreases by Rs 822 crore as shares fall 2.28% today – Know More

Shares of Deepak Nitrite experienced a decline of 2.28% today, closing at Rs 2,578.40, down from the previous close of Rs 2,638.50. This fall resulted in an estimated market capitalization loss of Rs ...

4 weeks ago - Business Upturn

Midday Stock Market Update: Wipro down nearly 4%, TCS down 3%, Gujarat Gas down 6% – Check Top Losers

Here’s a rundown of today’s top losing stocks across the large-cap and mid-cap categories: Mid-Cap Top Losers Gujarat Gas: Down 6.00%, trading at ₹456.80. The stock continues to feel pressure due to a...

4 weeks ago - Business Upturn

Deepak Nitrite shares fell 5% this week – Know More

Shares of Deepak Nitrite dropped by 5.31% this week, closing at ₹2,638.50 as of the latest update. The stock faced a challenging week, showing a consistent decline with some recovery towards the end o...

5 weeks ago - Business Upturn

Stock to Watch: Deepak Nitrite Q2 FY25 results show revenue growth, margin decline due to advanced intermediates

Deepak Nitrite Limited reported its Q2 FY25 financial results, reflecting solid revenue growth but a decline in net profit and margins, primarily impacted by the performance of its advanced intermedia...

5 weeks ago - Business Upturn

Stocks in focus today: Dilip Buildcon, Apollo Tyres, HEG, AstraZeneca, Deepak Nitrite, Brigade Enterprises, and Vodafone Idea announce Q2 FY25 results post market hours

Several companies revealed their Q2 FY25 earnings post-market hours yesterday, putting their stocks in the spotlight today. Below is a summary of the reported results: Dilip Buildcon Revenue: Declined...

5 weeks ago - Business Upturn

Deepak Nitrite Q2 FY25 Results: Revenue increases 14.3% YoY to ₹2,032 crore; net profit declines by 5.3% YoY to ₹194.2 crore

Deepak Nitrite Limited reported its financial performance for the quarter ending September 30, 2024, showing growth in revenue but a slight dip in profit. Key Financial Highlights (YoY and QoQ): Reven...

5 weeks ago - Business Upturn

Q2FY25 Earnings Today for Key Companies: Alkem, Apollo Tyres, Brigade, Deepak Nitrite, Eicher Motors, GRSE, Idea, PI Industries, Sun TV, Thermax, Torrent Power to announce results

The Q2FY25 earnings season continues as major companies are set to report their financial results on November 13, 2024. Here are the key expectations: Alkem: Revenue expected at ₹3,639 crore, up from ...

5 weeks ago - Business Upturn

Deepak Nitrite shares drop over 3% today

Shares of Deepak Nitrite Ltd fell over 3% on November 11, 2024, trading at ₹2,592, a decline of ₹86.25 from the previous close of ₹2,678.25. The stock has been facing a downward trend recently, with a...

5 weeks ago - Business Upturn

Morgan Stanley downgrades Aarti Industries, increases target for PI Industries and Deepak Nitrite

Morgan Stanley has made significant adjustments to its ratings and target prices for several key players in the Indian chemical sector. Aarti Industries has been downgraded to “Underweight” (UW) with ...

3 months ago - Business Upturn