DEEPAKNTR

Deepak Nitrite Share PriceDeepak Nitrite

₹1780.05
-30.25 (-1.67%)
  • Advice
  • Hold
As on 25 March, 2023 | 03:42 BSE: 506401 NSE: DEEPAKNTR

Deepak Nitrite Performance

Day Range

  • Low
  • High

52 Week Range

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

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Deepak Nitrite Share Price

  • Over 1 Month -1.77%
  • Over 3 Month -5.73%
  • Over 6 Month -17.73%
  • Over 1 Year -20.55%

Deepak Nitrite Key Statistics

P/E Ratio 27.4
PEG Ratio -1.5
Market Cap Cr 24,279
Price to Book Ratio 7.3
EPS 35.3
Dividend 0.4
Relative Strength Index 39.36
Money Flow Index 51.27
MACD Signal -10.38
Average True Range 40.68

Deepak Nitrite Investment Rating

  • Master Rating:
  • Deepak Nitrite has an operating revenue of Rs. 7,883.05 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 key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 81 which is a GOOD score indicating consistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 119 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of C is fair but needs to improve. 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
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 818685730750
Operating Expenses Qtr Cr 657545591545
Operating Profit Qtr Cr 160140139205
Depreciation Qtr Cr 20181819
Interest Qtr Cr 0000
Tax Qtr Cr 39333352
Net Profit Qtr Cr 11315997143

Deepak Nitrite Technicals

EMA & SMA

Current Price
₹1780.05
-30.25 (-1.67%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 1809.72
  • 50 Day
  • 1851.5
  • 100 Day
  • 1920.23
  • 200 Day
  • 1979.94
  • 20 Day
  • 1812.76
  • 50 Day
  • 1831.58
  • 100 Day
  • 1972.33
  • 200 Day
  • 1982.1

Deepak Nitrite Resistance and Support

PIVOT
₹1805.9
Resistance
First Resistance 1818.4
Second Resistance 1826.5
Third Resistance 1839
RSI 39.36
MFI 51.27
MACD Single Line -10.38
MACD -10.42
Support
First Resistance 1797.8
Second Resistance 1785.3
Third Resistance 1777.2

Deepak Nitrite Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 397,900 7,882,399 19.81
Week 255,355 6,966,079 27.28
1 Month 273,373 8,023,499 29.35
6 Month 466,181 14,889,823 31.94

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 24,279
Sales 2,983
Shares in Float 7.37
No of funds 205
Yield 0.39
Book Value 10.76
U/D Vol ratio 0.6
LTDebt / Equity
Alpha -0.07
Beta 1.11

Deepak Nitrite

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 45.72%45.72%45.72%
Mutual Funds 5.93%5.7%5.39%
Insurance Companies 7.08%5.83%5.24%
Foreign Portfolio Investors 8.72%8.45%9.07%
Financial Institutions/ Banks 0.22%0.02%
Individual Investors 24.6%26.43%26.89%
Others 7.73%7.85%7.69%

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
Mr. Prakash Dinkar Samudra Director
Mr. Vipul Shantilal Shah Director
Mr. Punit Sanjay Lalbhai Director

Deepak Nitrite Forecast

Price Estimates

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

Other Analyst Rating

Deepak Nitrite MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 23910
Nippon India Growth Fund - Growth 13410
SBI Multicap Fund Regular Growth 12111
HSBC Small Cap Fund Fund Regular Growth 8672
Motilal Oswal Flexicap Fund Regular Plan Growth 8332

Deepak Nitrite FAQs

What is Share Price of Deepak Nitrite ?

Deepak Nitrite share price is ₹1780 As on 25 March, 2023 | 03:28

What is the Market Cap of Deepak Nitrite ?

The Market Cap of Deepak Nitrite is ₹24278.6 Cr As on 25 March, 2023 | 03:28

What is the P/E ratio of Deepak Nitrite ?

The P/E ratio of Deepak Nitrite is 27.4 As on 25 March, 2023 | 03:28

What is the PB ratio of Deepak Nitrite ?

The PB ratio of Deepak Nitrite is 7.3 As on 25 March, 2023 | 03:28

Q2FY23

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