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    3. Deepakntr Share Price

    Deepak Nitrite Share PriceDeepak Nitrite

    Large Cap 17.9k Result
    ₹2,223.15
    7.9 (0.36%)
    • Advice
    • Hold
    As on 12 December, 2023 | 03:32 BSE: 506401 NSE: DEEPAKNTRISIN: INE288B01029

    Deepak Nitrite Performance

    Day Range

    • Low 2,211.00
    • High 2,243.55
    ₹ 2,223.15

    52 Week Range

    • Low 1,730.00
    • High 2,372.70
    ₹ 2,223.15
    • Open Price2,215.25
    • Previous Close2,215.25
    • Volume145160

    Start SIP in Deepak Nitrite

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    Deepak Nitrite Share Price

    • Over 1 Month 5.26%
    • Over 3 Month -5.11%
    • Over 6 Month 10.06%
    • Over 1 Year 1.44%

    Deepak Nitrite Key Statistics

    P/E Ratio 38
    PEG Ratio -2.9
    Market Cap Cr 30,322
    Price to Book Ratio 7.4
    EPS 33.8
    Dividend 0.3
    Relative Strength Index 59.33
    Money Flow Index 81.24
    MACD Signal 34.01
    Average True Range 51.19

    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. 7,498.81 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 9% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD score indicating consistency in earnings, a RS Rating of 31 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 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 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
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 671708801818685730750
    Operating Expenses Qtr Cr 553583654657545591545
    Operating Profit Qtr Cr 118125146160140139205
    Depreciation Qtr Cr 21202120181819
    Interest Qtr Cr 0100000
    Tax Qtr Cr 29293539333352
    Net Profit Qtr Cr 1578610111315997143
    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
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 1,7781,7681,9611,9911,9622,0581,872
    Operating Expenses Qtr Cr 1,4761,5591,6131,6761,6911,7021,462
    Operating Profit Qtr Cr 302210348315271356410
    Depreciation Qtr Cr 39384141424245
    Interest Qtr Cr 3246697
    Tax Qtr Cr 72528172608195
    Net Profit Qtr Cr 205150234209174235267
    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
    Invest in Deepak Nitrite

    Deepak Nitrite Technicals

    EMA & SMA

    Current Price
    ₹2,223.15
    7.9 (0.36%)
    pointer
    • Bullish Moving Average
    • ___
    • 14
    • Bearish Moving Average
    • ___
    • 2
    • 20 Day
    • ₹2,185.15
    • 50 Day
    • ₹2,143.50
    • 100 Day
    • ₹2,112.93
    • 200 Day
    • ₹2,075.77
    • 20 Day
    • ₹2,180.69
    • 50 Day
    • ₹2,112.78
    • 100 Day
    • ₹2,110.74
    • 200 Day
    • ₹2,029.66

    Deepak Nitrite Resistance and Support

    PIVOT
    ₹2,225.9
    Resistance
    First Resistance 2,240.80
    Second Resistance 2,258.45
    Third Resistance 2,273.35
    RSI 59.33
    MFI 81.24
    MACD Single Line 34.01
    MACD 37.23
    Support
    First Resistance 2,208.25
    Second Resistance 2,193.35
    Third Resistance 2,175.70

    Deepak Nitrite Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 168,125 7,219,288 42.94
    Week 412,683 13,354,428 32.36
    1 Month 317,595 10,067,757 31.7
    6 Month 451,872 17,460,338 38.64

    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 30,345
    Sales 2,997
    Shares in Float 6.96
    No of funds 215
    Yield 0.34
    Book Value 11.51
    U/D Vol ratio 1.3
    LTDebt / Equity
    Alpha -0.06
    Beta 1.12

    Deepak Nitrite

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 49.13%49.13%49.13%45.72%
    Mutual Funds 8.58%7.74%7.3%5.93%
    Insurance Companies 8.46%6.98%7.01%7.08%
    Foreign Portfolio Investors 6.47%8.09%7.72%8.72%
    Financial Institutions/ Banks 0.28%0.23%0.22%
    Individual Investors 23.01%23.56%24.54%24.6%
    Others 4.35%4.22%4.07%7.73%

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

    Deepak Nitrite MF Shareholding

    Name Amount(cr)
    Nippon India Small Cap Fund - Growth 41,019
    Kotak Equity Arbitrage Fund Growth 28,958
    SBI Arbitrage Opportunities Fund Regular Growth 22,370
    Nippon India Growth Fund - Growth 21,380
    ICICI Prudential Equity Arbitrage Fund Regular Growth 15,356

    Deepak Nitrite FAQs

    What is Share Price of Deepak Nitrite ?

    Deepak Nitrite share price is ₹2,223 As on 12 December, 2023 | 03:18

    What is the Market Cap of Deepak Nitrite ?

    The Market Cap of Deepak Nitrite is ₹30322.2 Cr As on 12 December, 2023 | 03:18

    What is the P/E ratio of Deepak Nitrite ?

    The P/E ratio of Deepak Nitrite is 38 As on 12 December, 2023 | 03:18

    What is the PB ratio of Deepak Nitrite ?

    The PB ratio of Deepak Nitrite is 7.4 As on 12 December, 2023 | 03:18

    Q2FY23

    More Information

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