Deepak Nitrite Ltd Analyst Rating
based on 16 analysts
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 ₹2845.12
Source: S&P Global Market Intelligence
Deepak Nitrite Ltd Share analysis
Deepak Nitrite Ltd price forecast by 16 analysts
Upside of6.23%
High
₹3444
Target
₹2845.12
Low
₹1625
Deepak Nitrite Ltd target price ₹2845.12, a slight upside of 6.23% compared to current price of ₹2678.25. According to 16 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Deepak Nitrite Ltd revenue growth forecast
Expected growth rate Q1, FY2026:30.22%
Forecast
Actual
Including amortisation and stock based compensations
Deepak Nitrite Ltd EPS growth forecast
EPS estimate Q1, FY2026:50.38%
Forecast
Actual
Source: S&P Global Market Intelligence
Deepak Nitrite Ltd Performance
Day's Low
Day's High
₹2,670₹2,833.852 Week's Low
52 Week's High
₹2,021₹3,169
| Returns % | |
| 1 Month Return | -3.74 % |
| 3 Month Return | -12.94 % |
| 1 Year Return | + 28.99 % |
| Market Stats | |
| Previous Close | ₹2,816.00 |
| Open | ₹2,816.15 |
| Volume | 2.01L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹38,408.28Cr |
Deepak Nitrite Ltd Key Statistics
| P/E Ratio | 42.3 |
| PEG Ratio | 6 |
| Market Cap | ₹38,408.28 Cr |
| P/B Ratio | 9.79 |
| EPS | 59.45 |
| Dividend Yield | 0 |
| Sector | Chemicals |
| ROE | 12.66 |
Deepak Nitrite Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹38,408.28 Cr | 129.25% | 0.51 | ₹810 Cr | ₹7,681 Cr | |
| HOLD | ₹29,859.08 Cr | 18.82% | 0.53 | NA | NA | |
| BUY | ₹17,560.90 Cr | 61.31% | 0.52 | ₹270 Cr | ₹2,065 Cr | |
| BUY | ₹23,655.71 Cr | 18.31% | 0.50 | ₹324 Cr | ₹4,725 Cr | |
| HOLD | ₹10,859.51 Cr | 78.88% | 0.51 | ₹201 Cr | ₹992 Cr |
Deepak Nitrite Ltd Mutual Fund Holdings
About Deepak Nitrite Ltd
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: ₹2678.25 per share as on 08 Nov, 2024 04:01 PM
Market Capitalisation: ₹38,408.28Cr as of today
Revenue: ₹2,166.84Cr as on June 2024 (Q2 24)
Net Profit: ₹202.53Cr as on June 2024 (Q2 24)
Listing date: 13 Oct, 1995
Chairperson Name: D C Mehta
| Organisation | Deepak Nitrite Ltd |
| Headquarters | Pune |
| Industry | Chemicals |
| E-voting on shares | Click here to vote |
Key events for Deepak Nitrite Ltd
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.
Deepak Phenolics Secures Long-Term Supply Agreements - 29 Oct, 2024
Deepak Phenolics Limited has approved a 15-year agreement with Petronet LNG for 250,000 tonnes of propylene and 11,000 tonnes of hydrogen annually, marking a significant commitment in India's petrochemical sector.
Mixed Recommendations for Deepak Nitrite Stock - 17 Oct, 2024
Deepak Nitrite faces a SELL recommendation from Prabhudas Lilladher, citing competition from China and margin pressures, while Axis Direct suggests a BUY with a target of Rs 3,012.
Deepak Nitrite Expands Capacity Amid Import Substitution - 08 Oct, 2024
Deepak Nitrite, led by Deepak C. Mehta, has successfully diversified into phenol and acetone production, significantly reducing import dependency and expanding capacity to meet rising demand. The company plans to increase phenol capacity to seven lakh tonnes in the next four to five years, saving over $3 billion in foreign exchange.
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.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 10.44% to 11.43% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Solar Industries India Ltd has given 304.5% return, outperforming this stock by 291.2%
- NO EFFECT
Against Peers
In the last 1 year, Solar Industries India Ltd has given 64.5% return, outperforming this stock by 35.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 49.24% of holdings in Sep 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 3 months, DEEPAKNTR stock has moved down by -12.9%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.22K Cr → 2.18K Cr (in ₹), with an average decrease of 1.8% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 6.86% to 6.69% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 22.69% to 21.78% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 253.86 Cr → 202.54 Cr (in ₹), with an average decrease of 20.2% per quarter
Deepak Nitrite Ltd Financials
Index Inclusions
Deepak Nitrite Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 49.24% | 0.00 | |
| Foreign Institutions | 6.69% | ||
| Mutual Funds | 11.43% | 9.47 | |
| Retail Investors | 21.78% | ||
| Others | 10.86% | 0.89 |
Deepak Nitrite Ltd Key Indicators
Deepak Nitrite Ltd Valuation
Deepak Nitrite Ltd in the last 5 years
Lowest (8.33x)
March 23, 2020
Today (42.30x)
November 8, 2024
Industry (62.41x)
November 8, 2024
Highest (49.01x)
August 7, 2024
Deepak Nitrite Ltd Earnings and Dividends
Deepak Nitrite Ltd Earnings Results
Deepak Nitrite Ltd’s net profit jumped 35.12% since last year same period to ₹202.54Cr in the Q1 2024-2025. On a quarterly growth basis, Deepak Nitrite Ltd has generated -20.22% fall in its net profits since last 3-months.
Read More about Earnings ResultsDeepak 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
Deepak Nitrite Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Deepak Nitrite Ltd
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Deepak Nitrite Ltd (DEEPAKNTR) share price today is ₹2678.25
Deepak Nitrite Ltd is listed on NSE
Deepak Nitrite Ltd is listed on BSE
- Today’s highest price of Deepak Nitrite Ltd is ₹2833.8.
- Today’s lowest price of Deepak Nitrite Ltd is ₹2670.
PE Ratio of Deepak Nitrite Ltd is 42.3
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 2.01L.
Today’s market capitalisation of Deepak Nitrite Ltd(DEEPAKNTR) is ₹38408.28Cr.
| Deepak Nitrite Ltd(DEEPAKNTR | Price |
|---|---|
52 Week High | ₹3169 |
52 Week Low | ₹2021 |
Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2678.25. It is down -15.49% from its 52 Week High price of ₹3169
Deepak Nitrite Ltd(DEEPAKNTR) share price is ₹2678.25. It is up 32.52% from its 52 Week Low price of ₹2021
| Deepak Nitrite Ltd(DEEPAKNTR | Returns |
|---|---|
1 Day Returns | -137.75% |
1 Month Returns | -3.74% |
3 Month Returns | -12.94% |
1 Year Returns | 28.99% |