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DEEPAKNTR

Deepak Nitrite Ltd.

₹2252.25
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Investment Ratings

  • Master Rating:
  • Deepak Nitrite has an operating revenue of Rs. 5,905.49 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 24% is great, ROE of 33% is exceptional. The company has a reasonable debt to equity of 22%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 16% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 97 which is a GREAT score indicating consistency in earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 75 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

As per analysts rating in the last 6 months, the recommendation isHOLD Deepak Nitrite

Deepak Nitrite Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Ratings

Eps And Sales Estimates

Deepak Nitrite Ltd Synopsis

NSE-Chemicals-Specialty

Deepak Nitrite belongs to the Industry of Chemicals - Inorganic - Others. Company’s Total Operating Revenue is Rs. 1809.14 Cr. and Equity Capital is Rs. 27.28 Cr. for the Year ended 31/03/2021. Deepak Nitrite Ltd. is a Public Limited Listed company incorporated on 06/06/1970 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24110GJ1970PLC001735 and registration number is 001735.
  • Market Cap

    INR 30,704.79 Cr

  • Sales

    INR 2,085.12 Cr

  • Shares in Float

    7.37 Cr

  • No of Funds

    228 K

  • Yield

    0.19%

  • Book Value

    17.07

  • U/D Vol Ratio

    0.9

  • LTDebt/Equity

    %

  • Alpha

    0.28

  • Beta

    1.34

Deepak Nitrite Ltd Ownership
Deepak Nitrite Ltd Management

Deepak Nitrite Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 1844.751491.331057.8455943.8449732.1321
Fixed Assets Annual Cr 844.67810.01618.2894605.44608.6892
Total Non Current Assets Annual Cr 1419.441386.931193.81421055.6058880.5744
Total Current Assets Annual Cr 751.07659.59633.9181744.8931677.2235
Total Assets Annual Cr 2170.512046.521827.73231800.49891557.7979
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 135.2456109.33577.558669.200256.0112
ROE Annual % 19.2236.4813.048.8415.11
ROCE Annual % 25.1946.5420.8114.811.44
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 30.3736.0717.214.7312.36

Deepak Nitrite Ltd Technicals

EMA & SMA

CURRENT PRICE

2252.25 (-2.47)

    • Bullish Moving Averages 11
    • Bearish Moving Averages 5

EMA

  • 20 Day

    2246.3

  • 50 Day

    2312.66

  • 100 Day

    2240.71

  • 200 Day

    1976.65

Deepak Nitrite Ltd Resistance and support

2290.07 PIVOT

  • First Resistance

    2359.14

  • Second Resistance

    2408.97

  • Third Resistance

    2478.04

  • First Support

    2240.24

  • Second Support

    2171.17

  • Third Support

    2121.34

  • RSI

    48.14

  • MFI

    35.68

  • MACD

    -55.33

  • MACD signal line

    -72.47

Deepak Nitrite Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 931,254 19,295,583 20.72%
Week 1,175,057 26,544,533 22.59%
1 Month 1,004,394 29,328,318 29.2%
6 Month 1,387,553 35,202,227 25.37%

Deepak Nitrite Ltd Price change analysis

-42.05

Over 1 month

Low High
2001 2405.55

-107.35

Over 3 month

Low High
2001 3020

520.6

Over 6 months

Low High
1710 3020

1407.2

Over Year

Low High
785.85 3020

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News

Deepak Nitrite's prospect continues to be driven by phenolic

Deepak Nitrite will continue to accrue benefits from the country's growing demand and import substitutions. Being a basic manufacturer, it a Read More

Deepak Nitrite Ltd - 506401 - Compliances-Reg. 39 (3) - Deta

Intimation of Loss of Share Certificates Read More

Deepak Nitrite Ltd - 506401 - Compliances-Reg. 39 (3) - Deta

Information on loss of shares Read More

DEEPAK NITRITE LTD.-$ - 506401 - Compliances-Reg. 39 (3) - D

Information on loss of shares Read More

Earnings Call for Q2FY22 of Deepak Nitrite Ltd

Conference Call with Deepak Nitrite Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript. Read More

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