DEEPAKNTR

DEEPAK NITRITE

Large Cap BSE: 506401 NSE: DEEPAKNTR
₹2053.8
31.45 (1.56%)
As on 13 August, 2022 | 08:42

Deepak Nitrite Share Price

Deepak Nitrite Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Deepak Nitrite Share Returns

  • Over 1 Month 13.41%
  • Over 3 Month 7.04%
  • Over 6 Month -7.15%
  • Over 1 Year -4.31%

Deepak Nitrite Key Statistics

P/E Ratio 28.1
PEG Ratio 14.4
Market Cap Cr 28,012
Price to Book Ratio 8.4
EPS 35.3
Dividend 0.3
Relative Strength Index 69.93
Money Flow Index 64.25
MACD Signal 42.25
Average True Range 61.22

Deepak Nitrite Investment Rating

  • Master Rating:
  • Deepak Nitrite has an operating revenue of Rs. 7,333.96 Cr. on a trailing 12-month basis. An annual revenue growth of 56% is outstanding, Pre-tax margin of 21% is great, ROE of 31% is exceptional. The company has a reasonable debt to equity of 6%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and around 11% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 82 which is a GOOD score indicating consistency in earnings, a RS Rating of 38 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 53 indicates it belongs to a fair industry group of Chemicals-Specialty and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative 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

Deepak Nitrite Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 730
  • 750
  • 689
  • 544
  • 527
  • 526
  • Operating Expenses Qtr Cr
  • 591
  • 545
  • 531
  • 403
  • 385
  • 370
  • Operating Profit Qtr Cr
  • 139
  • 205
  • 159
  • 142
  • 142
  • 156
  • Depreciation Qtr Cr
  • 18
  • 19
  • 19
  • 18
  • 18
  • 21
  • Interest Qtr Cr
  • 0
  • 0
  • 0
  • 0
  • 0
  • 0
  • Tax Qtr Cr
  • 33
  • 52
  • 38
  • 33
  • 33
  • 36
  • Net Profit Qtr Cr
  • 97
  • 143
  • 112
  • 97
  • 135
  • 101

Deepak Nitrite Technicals

EMA & SMA

Current Price
2053.8
31.45 (1.56%)
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • 1934.93
  • 50 Day
  • 1906.97
  • 100 Day
  • 1974.62
  • 200 Day
  • 2136.75
  • 20 Day
  • 1903.81
  • 50 Day
  • 1844
  • 100 Day
  • 1995.93
  • 200 Day
  • 2136.1

Deepak Nitrite Resistance and Support

PIVOT
₹2024.57
Resistance
  • First Resistance
  • 2035.14
  • Second Resistance
  • 2047.92
  • Third Resistance
  • 2058.49
Support
  • First Resistance
  • 2011.79
  • Second Resistance
  • 2001.22
  • Third Resistance
  • 1988.44
  • RSI
  • 69.94
  • MFI
  • 64.25
  • MACD Single Line
  • 42.25
  • MACD
  • 58.69

Deepak Nitrite Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 1,095,968
  • 29,284,265
  • 26.72
  • Week
  • 633,313
  • 16,409,140
  • 25.91
  • 1 Month
  • 1,155,957
  • 32,921,658
  • 28.48
  • 6 Month
  • 964,657
  • 27,608,490
  • 28.62

Deepak Nitrite Result Highlights

Deepak Nitrite Synopsis

NSE-Chemicals-Specialty

Deepak Nitrite is involved in the business activities of Manufacture of chemicals and chemical products. Company’s Total Operating Revenue is Rs. 2511.05 Cr. and Equity Capital is Rs. 27.28 Cr. for the Year ended 31/03/2022. 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
  • 28,012
  • Sales
  • 2,714
  • Shares in Float
  • 7.37
  • No of funds
  • 223
  • Yield
  • 0.34
  • Book Value
  • 12.42
  • U/D Vol ratio
  • 1
  • LTDebt / Equity
  • Alpha
  • -0.03
  • Beta
  • 1.45

Deepak Nitrite

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 45.72%
  • 45.72%
  • 45.69%
  • Mutual Funds
  • 5.39%
  • 5.85%
  • 6.65%
  • Insurance Companies
  • 5.24%
  • 4.11%
  • 4.03%
  • Foreign Portfolio Investors
  • 9.07%
  • 8.76%
  • 8.84%
  • Financial Institutions/ Banks
  • 0.02%
  • Individual Investors
  • 26.89%
  • 27.78%
  • 26.69%
  • Others
  • 7.69%
  • 7.78%
  • 8.08%

Deepak Nitrite Management

  • Name
  • Designation
  • Mr. Deepak C Mehta
  • Chairman & Managing Director
  • Mr. Maulik D Mehta
  • Executive Director & CEO
  • Mr. Sanjay Upadhyay
  • Director - Finance & CFO
  • Mr. Ajay C Mehta
  • Non Executive Director
  • Mr. Sandesh Kumar Anand
  • Non Executive Director
  • Dr. Richard H Rupp
  • Independent Director
  • Mr. Sudhir Mankad
  • Independent Director
  • Dr. Swaminathan Sivaram
  • Independent Director
  • Ms. Purvi Sheth
  • Independent Director
  • Mr. Sanjay Asher
  • Independent Director
  • Mr. Dileep Choksi
  • Independent Director
  • Mr. Meghav Mehta
  • Additional Director

Deepak Nitrite Forecast

Price Estimates

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

Other Analyst Rating

Deepak Nitrite Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-02
  • Quarterly Results
  • 2022-05-04
  • Audited Results & Dividend
  • 2022-01-24
  • Quarterly Results
  • 2021-12-22
  • Others
  • Inter alia, to consider raising of funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures . per share(65%)Dividend
  • 2021-10-27
  • Quarterly Results

Deepak Nitrite MF Shareholding

  • Name
  • Amount(cr)
  • Kotak Equity Arbitrage Fund Growth
  • 24543
  • Nippon India Small Cap Fund - Growth
  • 20363
  • ICICI Prudential Equity Arbitrage Fund Regular Growth
  • 12574
  • Nippon India Growth Fund - Growth
  • 12450
  • SBI Multicap Fund Regular Growth
  • 10802

Deepak Nitrite FAQs

What is Share Price of Deepak Nitrite ?

Deepak Nitrite share price is ₹2053 As on 13 August, 2022 | 08:28

What is the Market Cap of Deepak Nitrite ?

The Market Cap of Deepak Nitrite is ₹28012.4 Cr As on 13 August, 2022 | 08:28

What is the P/E ratio of Deepak Nitrite ?

The P/E ratio of Deepak Nitrite is 28.1 As on 13 August, 2022 | 08:28

What is the PB ratio of Deepak Nitrite ?

The PB ratio of Deepak Nitrite is 8.4 As on 13 August, 2022 | 08:28

Q1FY23