DEEPAKNTR

Deepak Nitrite Share Price Deepak Nitrite

₹2,321.9
23 (1%)
  • Advice
  • Hold
16 April, 2024 19:52 BSE: 506401 NSE: DEEPAKNTRISIN: INE288B01029

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Deepak Nitrite Performance

Day Range

  • Low 2,270
  • High 2,355
₹ 2,321

52 Week Range

  • Low 1,813
  • High 2,521
₹ 2,321
  • Open Price2,288
  • Previous Close2,299
  • Volume405585

Deepak Nitrite Share Price

  • Over 1 Month 10.64%
  • Over 3 Month -3.38%
  • Over 6 Month 9.99%
  • Over 1 Year 24.06%

Deepak Nitrite Key Statistics

P/E Ratio 40
PEG Ratio -3.8
Market Cap Cr 31,669
Price to Book Ratio 7.7
EPS 33.8
Dividend 0.3
Relative Strength Index 64.69
Money Flow Index 82.3
MACD Signal 6.04
Average True Range 59.7
Deepak Nitrite Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 674671708801
Operating Expenses Qtr Cr 562553583654
Operating Profit Qtr Cr 112118125146
Depreciation Qtr Cr 22212021
Interest Qtr Cr 0010
Tax Qtr Cr 26292935
Net Profit Qtr Cr 7515786101
IndicatorMar 2023
Total Revenue Annual Cr 3,135
Operating Expenses Annual Cr 2,448
Operating Profit Annual in Cr 586
Depreciation Cr 76
Interest Annual Cr 2
Tax Annual Cr 140
Net Profit Annual Cr 469
IndicatorMar 2023
Cash from Operating Activity Annual Cr 310
Cash from Investing Activity Annual Cr -188
Cash from Financing Annual Activity Cr -113
Net Cash Flow Annual Cr 9
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 2,625
Fixed Assets Annual Cr 805
Total Non Current Assets Annual Cr 1,523
Total Current Assets Annual Cr 1,527
Total Assets Annual Cr 3,050
IndicatorMar 2023
Book Value Per Share Annual Rs 192
ROE Annual % 18
ROCE Annual % 22
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 23
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,0091,7781,7681,961
Operating Expenses Qtr Cr 1,7051,4761,5591,613
Operating Profit Qtr Cr 305302210348
Depreciation Qtr Cr 42393841
Interest Qtr Cr 3324
Tax Qtr Cr 72725281
Net Profit Qtr Cr 202205150234
IndicatorMar 2023
Total Revenue Annual Cr 8,020
Operating Expenses Annual Cr 6,683
Operating Profit Annual in Cr 1,289
Depreciation Cr 166
Interest Annual Cr 25
Tax Annual Cr 294
Net Profit Annual Cr 852
IndicatorMar 2023
Cash from Operating Activity Annual Cr 650
Cash from Investing Activity Annual Cr -276
Cash from Financing Annual Activity Cr -359
Net Cash Flow Annual Cr 15
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 4,090
Fixed Assets Annual Cr 2,242
Total Non Current Assets Annual Cr 2,390
Total Current Assets Annual Cr 2,739
Total Assets Annual Cr 5,129
IndicatorMar 2023
Book Value Per Share Annual Rs 300
ROE Annual % 21
ROCE Annual % 27
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 17

Deepak Nitrite Technicals

EMA & SMA

Current Price
₹2,321.9
23 (1%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹2,221.42
  • 50 Day
  • ₹2,219.94
  • 100 Day
  • ₹2,218.80
  • 200 Day
  • ₹2,180.03
  • 20 Day
  • ₹2,187.62
  • 50 Day
  • ₹2,212.75
  • 100 Day
  • ₹2,263.48
  • 200 Day
  • ₹2,177.50

Deepak Nitrite Resistance and Support

PIVOT
₹2,315.67
Resistance
First Resistance 2,361.08
Second Resistance 2,400.27
Third Resistance 2,445.68
RSI 64.69
MFI 82.30
MACD Single Line 6.04
MACD 27.69
Support
First Resistance 2,276.48
Second Resistance 2,231.07
Third Resistance 2,191.88

Deepak Nitrite Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 449,505 16,415,923 36.52
Week 592,436 22,968,744 38.77
1 Month 357,269 14,723,060 41.21
6 Month 373,119 12,439,779 33.34

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. 3033.55 Cr. and Equity Capital is Rs. 27.28 Cr. for the Year ended 31/03/2023. 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 31,657
Sales 2,854
Shares in Float 6.96
No of funds 221
Yield 0.32
Book Value 11.95
U/D Vol ratio 1.3
LTDebt / Equity
Alpha -0.07
Beta 1.26

Deepak Nitrite

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 49.13%49.13%49.13%49.13%
Mutual Funds 9%8.72%8.58%7.74%
Insurance Companies 9.42%9.3%8.46%6.98%
Foreign Portfolio Investors 6.72%6.48%6.47%8.09%
Financial Institutions/ Banks 0.01%0.01%0.28%
Individual Investors 21.49%22.12%23.01%23.56%
Others 4.23%4.24%4.35%4.22%

Deepak Nitrite Management

Name Designation
Mr. Deepak C Mehta Chairman & Managing Director
Mr. Maulik D Mehta Executive Director & CEO
Mr. Sanjay Upadhyay Director & Group CFO
Mr. Ajay C Mehta Non Executive Director
Mr. Sandesh Kumar Anand Non Executive Director
Mr. Meghav Mehta Non Executive Director
Mr. Prakash Dinkar Samudra Independent Director
Mr. Vipul Shantilal Shah Independent Director
Mr. Punit Sanjay Lalbhai Independent Director
Ms. Purvi Sheth Independent Director
Mr. Sanjay Asher Independent Director
Mr. Dileep Choksi Independent 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
2024-02-13 Quarterly Results
2023-11-07 Quarterly Results
2023-08-03 Quarterly Results
2023-05-11 Audited Results & Final Dividend
2023-02-07 Quarterly Results

Deepak Nitrite FAQs

What is Share Price of Deepak Nitrite ?

Deepak Nitrite share price is ₹2,321 As on 16 April, 2024 | 19:38

What is the Market Cap of Deepak Nitrite ?

The Market Cap of Deepak Nitrite is ₹31669.1 Cr As on 16 April, 2024 | 19:38

What is the P/E ratio of Deepak Nitrite ?

The P/E ratio of Deepak Nitrite is 40 As on 16 April, 2024 | 19:38

What is the PB ratio of Deepak Nitrite ?

The PB ratio of Deepak Nitrite is 7.7 As on 16 April, 2024 | 19:38

Q2FY23