Is Deepak Nitrite a good buy?

Is Deepak Nitrite a good buy?

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 overvalued?

The key valuation ratios of Deepak Nitrite Ltd’s currently when compared to its past seem to suggest it is in the Overvalued zone.

Is Deepak Nitrate a multibagger?

Multibagger chemical stock Deepak Nitrite down sharply today after fire incident at plant.

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.

What is the future of Deepak Nitrite share?

Deepak Nitrite Ltd. quote is equal to 1813.750 INR at 2022-06-28. Based on our forecasts, a long-term increase is expected, the “Deepak Nitrite Ltd” stock price prognosis for 2027-06-18 is 6011.970 INR. With a 5-year investment, the revenue is expected to be around +231.47%.

Is Deepak Nitrite a multibagger Quora?

Deepak Nitrite is one of the leading multibagger stocks in India. This Chemical stock has gained fame in the market, after it has provided phenomenal return over last 5 years.

Is Deepak Nitrate debt free?

Importantly, Deepak Nitrite Limited (NSE:DEEPAKNTR) does carry debt.

Is Deepak Nitrite giving bonus?

Deepak Nitrite Ltd. has given 1 bonus since June 20, 2014. The last Bonus that Deepak Nitrite Ltd….Corporate actions: Bonus history for Deepak Nitrite Ltd.

Is Deepak Nitrite good for long term Quora?

Deepak nitrate is the one of the best stock in Indian share market if you consider valuation for long term. I am pretty much confident that with the help of Govt which favouring indian chemical companies ,Deepak Nitrate along with Alkyl Amine and Navin Fluorine will accumulate maximum wealth for investors .

Will CDSL go up?

Investment Rationale CDSL’s growth rate is expected to moderate to the pre-pandemic level of 16% CAGR, following two years of solid growth (>50% YoY). The company derives ~68% of revenue from market-linkedactivity, which clocked ~70% YoY growth in the last two years; we expect it to come down to ~15% level.

What is the product of Deepak Nitrite?

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

What does Deepak Nitrite manufacturer?

Deepak Nitrite is the only fully integrated manufacturer of Optical Brighteners (OBAs) which is backward integrated up to the feedstock of toluene. Deepak Nitrite Limited was incorporated in the year June 06th 1970.

Is Deepak Nitrite a large cap?

Deepak Nitrite Ltd., incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 26291.12 Crore) operating in Chemicals sector.

Why is Deepak nitrate falling?

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.

Why you should accumulate Deepak Nitrite shares?

We recommend investors to accumulate the stock on dips to provide margin of safety for execution risk and margin fluctuation. Deepak Phenolics, a 100 per cent subsidiary of DNL, commercialized 200,000 TPA/120,000 TPA capacity for Phenols and Acetone by FY19 at estimated capex of ₹1,700 crore.

Is Deepak Fertilisers a good buy?

1. Is Deepak Fertilisers And Petrochemicals Corporation Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Deepak Fertilisers And Petrochemicals Corporation Ltd is a below average quality company.

Who is the owner of Deepak Nitrite?

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

What is intrinsic value of Deepak Nitrite?

Deepak Nitrite