Name: Latest research reports of Deepak Nitrite Ltd. authored by CD Equisearch and published by - Trendlyne research reports.
Item: Deepak Nitrite Ltd.
Rating: 4
Author: CD Equisearch

Deepak Nitrite Ltd.

NSE: DEEPAKNTR | BSE: 506401 | ISIN: INE288B01029 | Industry: Commodity Chemicals
| Expensive Performer

2026.0000 66.20 (3.38%)

NSE Apr 21, 2025 14:43 PM

36.07% Fall from 52W High

Volume: 276.6K

Deepak Nitrite Ltd.

11 Feb 2022

2026.00

3.38%

Deepak Nitrite Ltd

Accumulate: Deepak Nitrite Ltd.

Target

CD Equisearch

Helped by robust growth in phenolics and basic intermediates businesses, revenues from operations rose by 39.4% to Rs 1722.27 in Q3 compared to Rs 1234.69 crs in the same quarter a year ago. Backed by robust demand in India and in key export markets, DNL's phenolics business posted yet another record setting asset utilization rate (capacity utilization 117% for Q3), while the basic intermediates business profited from healthy product realizations as price hikes were undertaken to offset rising raw material prices. After a lull in demand, DNL's performance products business did...

Deepak Nitrite Ltd. is trading above its 50 day SMA of 2019.0