• Chart
  • F&O
  • Rating
  • Financials
  • Technicals
  • Volume
  • Result
  • Synopsis
  • Corp Action
  • MF Shareholding
  • Similar Stocks
  • FAQs
    1. Home
    2. Stocks
    3. Deepakntr Share Price

    Deepak Nitrite Share PriceDeepak Nitrite

    Large Cap 14.4k Result
    ₹2114.75
    6.7 (0.32%)
    • Advice
    • Hold
    As on 27 September, 2023 | 10:32 BSE: 506401 NSE: DEEPAKNTRISIN: INE288B01029

    Deepak Nitrite Performance

    Day Range

    • Low 2100
    • High 2121.15
    2114.75

    52 Week Range

    • Low 1730
    • High 2372.7
    2114.75
    • Open Price2114.9
    • Previous Close2108.05
    • Volume65516

    Start SIP in Deepak Nitrite

    Start SIP

    Deepak Nitrite Share Price

    • Over 1 Month 4.63%
    • Over 3 Month -5.4%
    • Over 6 Month 18.65%
    • Over 1 Year 1.18%

    Deepak Nitrite Key Statistics

    P/E Ratio 37.6
    PEG Ratio -1.6
    Market Cap Cr 28,844
    Price to Book Ratio 7.1
    EPS 33.8
    Dividend 0.4
    Relative Strength Index 40.82
    Money Flow Index 45.54
    MACD Signal 37.5
    Average True Range 54.97

    Deepak Nitrite F&O

    Deepak Nitrite Futures
    Deepak Nitrite Option Chain

    Deepak Nitrite Investment Rating

    • Master Rating:

    • Deepak Nitrite has an operating revenue of Rs. 7,682.41 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 14% is healthy, ROE of 20% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 7% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -7% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Deepak Nitrite Financials
    IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 708801818685730750
    Operating Expenses Qtr Cr 583654657545591545
    Operating Profit Qtr Cr 125146160140139205
    Depreciation Qtr Cr 202120181819
    Interest Qtr Cr 100000
    Tax Qtr Cr 293539333352
    Net Profit Qtr Cr 8610111315997143
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 3,1352,582
    Operating Expenses Annual Cr 2,4481,866
    Operating Profit Annual in Cr 586645
    Depreciation Cr 7673
    Interest Annual Cr 22
    Tax Annual Cr 140156
    Net Profit Annual Cr 469486
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 310228
    Cash from Investing Activity Annual Cr -188-159
    Cash from Financing Annual Activity Cr -113-64
    Net Cash Flow Annual Cr 94
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 2,6252,256
    Fixed Assets Annual Cr 805757
    Total Non Current Assets Annual Cr 1,5231,248
    Total Current Assets Annual Cr 1,5271,395
    Total Assets Annual Cr 3,0502,642
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 192165
    ROE Annual % 1822
    ROCE Annual % 2228
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2329
    IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 1,7681,9611,9911,9622,0581,872
    Operating Expenses Qtr Cr 1,5591,6131,6761,6911,7021,462
    Operating Profit Qtr Cr 210348315271356410
    Depreciation Qtr Cr 384141424245
    Interest Qtr Cr 246697
    Tax Qtr Cr 528172608195
    Net Profit Qtr Cr 150234209174235267
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 8,0206,845
    Operating Expenses Annual Cr 6,6835,199
    Operating Profit Annual in Cr 1,2891,604
    Depreciation Cr 166178
    Interest Annual Cr 2534
    Tax Annual Cr 294368
    Net Profit Annual Cr 8521,067
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 650824
    Cash from Investing Activity Annual Cr -276-424
    Cash from Financing Annual Activity Cr -359-386
    Net Cash Flow Annual Cr 1514
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 4,0903,338
    Fixed Assets Annual Cr 2,2422,086
    Total Non Current Assets Annual Cr 2,3902,146
    Total Current Assets Annual Cr 2,7392,285
    Total Assets Annual Cr 5,1294,430
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 300245
    ROE Annual % 2132
    ROCE Annual % 2740
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 1724

    Deepak Nitrite Technicals

    EMA & SMA

    Current Price
    ₹2114.75
    6.7 (0.32%)
    • Bullish Moving Average
    • ___
    • 6
    • Bearish Moving Average
    • ___
    • 10
    • 20 Day
    • ₹2188.38
    • 50 Day
    • ₹2139.45
    • 100 Day
    • ₹2086.27
    • 200 Day
    • ₹2046.12
    • 20 Day
    • ₹2235.27
    • 50 Day
    • ₹2105.62
    • 100 Day
    • ₹2085.34
    • 200 Day
    • ₹1988.33

    Deepak Nitrite Resistance and Support

    PIVOT
    ₹2120.69
    Resistance
    First Resistance ₹2141.37
    Second Resistance ₹2174.69
    Third Resistance ₹2195.37
    RSI 40.82
    MFI 45.54
    MACD Single Line 37.5
    MACD 11.71
    Support
    First Resistance ₹2087.37
    Second Resistance ₹2066.69
    Third Resistance ₹2033.37

    Deepak Nitrite Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 269,755 9,538,537 35.36
    Week 271,928 9,403,263 34.58
    1 Month 619,468 24,122,091 38.94
    6 Month 508,529 18,342,634 36.07

    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 28,752
    Sales 3,012
    Shares in Float 6.96
    No of funds 203
    Yield 0.36
    Book Value 10.95
    U/D Vol ratio 2.2
    LTDebt / Equity
    Alpha -0.05
    Beta 1.07

    Deepak Nitrite

    Owner NameJun-23Mar-23Dec-22Sep-22
    Promoters 49.13%49.13%45.72%45.72%
    Mutual Funds 7.74%7.3%5.93%5.7%
    Insurance Companies 6.98%7.01%7.08%5.83%
    Foreign Portfolio Investors 8.09%7.72%8.72%8.45%
    Financial Institutions/ Banks 0.28%0.23%0.22%0.02%
    Individual Investors 23.56%24.54%24.6%26.43%
    Others 4.22%4.07%7.73%7.85%

    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
    2023-08-03 Quarterly Results
    2023-05-11 Audited Results & Final Dividend
    2023-02-07 Quarterly Results
    2022-11-09 Quarterly Results
    2022-08-02 Quarterly Results

    Deepak Nitrite MF Shareholding

    Name Amount(cr)
    Nippon India Small Cap Fund - Growth 36540
    Kotak Equity Arbitrage Fund Growth 25860
    Nippon India Growth Fund - Growth 18343
    SBI Arbitrage Opportunities Fund Regular Growth 17701
    SBI Multicap Fund Regular Growth 13144
    • Company Name
    • CMP
    • Chg(%)
    • Company Name
    • CMP
    • Chg(%)

    Deepak Nitrite FAQs

    What is Share Price of Deepak Nitrite ?

    Deepak Nitrite share price is ₹2114 As on 27 September, 2023 | 10:18

    What is the Market Cap of Deepak Nitrite ?

    The Market Cap of Deepak Nitrite is ₹28843.7 Cr As on 27 September, 2023 | 10:18

    What is the P/E ratio of Deepak Nitrite ?

    The P/E ratio of Deepak Nitrite is 37.6 As on 27 September, 2023 | 10:18

    What is the PB ratio of Deepak Nitrite ?

    The PB ratio of Deepak Nitrite is 7.1 As on 27 September, 2023 | 10:18

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

    *Brokerage will be levied flat fee/executed order basis and not on a percentage basis. Flat fee of Rs. 10/order is available with Power Investor & Ultra Trader Packs. Investment in securities market are subject to market risk, read all related documents carefully before investing. Digital account would be opened after all procedure relating to IPV and client due diligence is completed. If sale/ purchase value of share of Rs.10/- or less, a maximum brokerage of 25 paisa per share may be collected. Brokerage will not exceed the SEBI prescribed limit.

    Compliance Officer: Ms. Namita Godbole, Email: support@5paisa.com, Support desk helpline: 8976689766

    Contact Us

    Attention Investors

    • 1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
    • 2. Message from Exchange(s): Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.
    • 3. Message from Depositories: a) Prevent Unauthorized Transactions in your demat account --> Update your mobile number with your Depository Participant. Receive alerts on your registered mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors. b) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
    ©2023, 5Paisa Capital Ltd. All Rights Reserved.
    We are ISO 27001:2013 Certified.