What is the business of Deepak nitrate?

The company produces a spectrum of chemicals, including Agrochemicals, Colourants, Rubber, Pharmaceuticals, Speciality & Fine chemicals….Deepak Nitrite.

Type	Public
Products	Acetone Agrochemicals detergents Dyes Pigments Pharmaceutical intermediates Rubber Fuel Additives
Revenue	₹4,229 crore (US$550 million) (2020)

What does Deepak Nitrite Ltd do?

Deepak Nitrite’s Basic Chemicals business unit makes intermediates for dyes and pigments rubber fuel additives pharmaceutical agrochemicals and explosives.

Who is the owner of Deepak Nitrite?

Deepak C Mehta
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Deepak Nitrite Ltd….PREMARKET.

Management
Deepak C Mehta	Chairman & Managing Director
Dileep Choksi	Independent Director
Maulik D Mehta	Executive Director & CEO
Purvi Sheth	Independent Director

Is Deepak Nitrite a good company?

Deepak Nitrite company is very good. Deepak Nitrite company’s environment is very good. it’s management is good and helpful. Deepak Nitrite company’s all co-worker are good.

Is Deepak Nitrite a good investment?

We believe Deepak Nitrite would benefit from ongoing capex,” said brokerage and research firm Edelweiss in a note. The brokerage has retained its ‘Buy’ rating on Deepak Nitrite shares with a TP of ₹3,127 based on a rollover to Q2FY24E, and good long-term growth prospects.

Is Deepak Nitrite debt free?

So while it’s hard to imagine that the ₹281.2b company is struggling for cash, we still think it’s worth monitoring its balance sheet. But either way, Deepak Nitrite has virtually no net debt, so it’s fair to say it does not have a heavy debt load!

Where is Deepak Nitrite located?

Deepak Nitrite Company Location

Location Type	Address
Plant Location	Phenol & Acetone Plot No 12/B/1 GIDC Dahej Bharuch – India FAX – N.A. Phone1 – Phone2 – N.A. Email – [email protected]
Registered Office	Aaditya-I Chhani Road Vadodara – India Phone1 – 91-265-2765200/3960200 Phone2 – N.A. Email – [email protected]

Why did Deepak Nitrite fall?

NEW DELHI: Shares of Deepak Nitrite on Friday took a beating, falling 5 per cent in trade after the company reported a fire incident at its Vadodara manufacturing site.

What is the future of Deepak Nitrite?

Deepak Nitrite Ltd. quote is equal to 1841.250 INR at 2022-06-16. Based on our forecasts, a long-term increase is expected, the “Deepak Nitrite Ltd” stock price prognosis for 2027-06-11 is 6096.770 INR. With a 5-year investment, the revenue is expected to be around +231.12%.

Is Deepak Nitrate a multibagger?

More about Deepak Nitrite shares After scaling to its life-time high of ₹3020 per share in October 2021, this one of the multibagger stocks in 2021 has been under selloff pressure, especially after the weak quarterly results in chemical segment.

Is Deepak Nitrite a good share?

The brokerage has retained its ‘Buy’ rating on Deepak Nitrite shares with a TP of ₹3,127 based on a rollover to Q2FY24E, and good long-term growth prospects.

Why Deepak Nitrite is increasing?

Deepak Nitrite reported revenue growth of 28% YoY, mainly due to rising prices. Management had said it remains confident of protecting absolute margins on per mt basis given acceptability from customers and efficient cost management.

Is Deepak Nitrite a good buy now?

What is the future of Deepak Nitrite share?

Deepak Nitrite Ltd. quote is equal to 1956.800 INR at 2022-06-07. Based on our forecasts, a long-term increase is expected, the “Deepak Nitrite Ltd” stock price prognosis for 2027-05-28 is 6268.830 INR. With a 5-year investment, the revenue is expected to be around +220.36%.

Is Deepak Nitrite a good buy for long-term?

Is it right time to buy Deepak Nitrite?

With the intermediate technical setup too looking positive, the brokerage believes the stock has the potential to move higher in the coming weeks and therefore recommend a buy. Promoters held 45.69 per cent stake in the company as of 30-Sep-2021, while FIIs owned 10.85 per cent, DIIs 10.61 per cent.