Deepak Nitrite Limited (BOM:506401)
India
· Delayed Price · Currency is INR | Market Cap | 263.40B |
| Revenue (ttm) | 82.28B |
| Net Income (ttm) | 7.49B |
| Shares Out | 136.39M |
| EPS (ttm) | 54.89 |
| PE Ratio | 35.18 |
| Forward PE | 30.99 |
| Dividend | 7.50 (0.39%) |
| Ex-Dividend Date | Jul 29, 2024 |
| Volume | 21,196 |
| Average Volume | 23,916 |
| Open | 1,989.05 |
| Previous Close | 1,966.10 |
| Day's Range | 1,921.00 - 2,010.00 |
| 52-Week Range | 1,810.00 - 3,168.65 |
| Beta | 0.52 |
| RSI | 27.88 |
| 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]
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 StatementsNews
Morgan Stanley on chemical stocks: Cautious outlook for FY26, mixed ratings on sector players like Deepak Nitrite, PI Industries, Navin Fluorine, SRF and Tata Chem
Morgan Stanley has maintained a cautious stance on the Indian chemical sector, highlighting that a return to normalcy in FY26 is unlikely to be linear. With 40% of revenue exposure to exports, the fir...
Promoters increase stake in Maharashtra Seamless, Deepak Nitrite, Godrej Properties, JSPL, and other stocks amid market decline
Amid the ongoing market downturn, several promoters have purchased shares from the open market. Maharashtra Seamless promoters acquired 549,900 shares, increasing their equity by 0.41%. Deepak Nitrite...
DAM Capital reiterates ‘Buy’ on Deepak Nitrite, target at ₹2,142
DAM Capital has maintained a Buy rating on Deepak Nitrite and target price of ₹2,142, citing near-term headwinds in its AI and agri-chemicals businesses. AI business: Q4 expected to be significantly b...
Deepak Nitrite share down 7.5% as Q3 profit declines 51.5%, management expects recovery from Q4
Shares of Deepak Nitrite fell 7.51% to ₹2,070.10 after the company reported a 51.5% decline in consolidated net profit for Q3 FY25, down to ₹98.09 crore from ₹202.05 crore in Q3 FY24. Net sales also d...
Stocks in focus today on Feb 14: BPCL, HAL, and TCS sign key deals; Bharat Rasayan, IG Petro, Anupam Rasayan, and TCPL report robust profit growth; Hindalco, Nazara miss estimates
Bharat Rasayan, IG Petro, Anupam Rasayan, and Godfrey Phillips post strong earnings growth, while Hindalco, Nazara Technologies, and Deepak Nitrite deliver mixed results; UltraTech Cement expands capa...
Deepak Nitrite subsidiary signs supply agreement with Petronet LNG for propytene and hydrogen
Deepak Nitrite Limited announced today, February 6, 2025, that its wholly owned subsidiary, Deepak Phenolics Limited (DPL), has signed definitive agreements with Petronet LNG Limited (PLL). The agreem...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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 ...