Is Deepak Nitrite a good stock?
Rachel Hernandez
Updated on February 19, 2026
Subsequently, one may also ask, what is the future of Deepak nitrate?
After the upgrade, the six analysts covering Deepak Nitrite are now predicting revenues of ₹58b in 2022. If met, this would reflect a solid 11% improvement in sales compared to the last 12 months. Per-share earnings are expected to accumulate 2.2% to ₹73.38.
Subsequently, question is, is Deepak Nitrite a multibagger? It is one of the multibagger stocks in 2021 in India as it has given around 172 per cent return to its share holders in the last one year. In the last 5 years, Deepak Nitrite shares have yielded around 1940 per cent return to the investors.
One may also ask, is Deepak Nitrite overpriced?
PB vs Industry: 506401 is overvalued based on its PB Ratio (13.5x) compared to the IN Chemicals industry average (2.2x).
Is Deepak Nitrate debt free?
The image below, which you can click on for greater detail, shows that Deepak Nitrite had debt of ₹6.83b at the end of September 2020, a reduction from ₹10.9b over a year. On the flip side, it has ₹496.5m in cash leading to net debt of about ₹6.33b.
Related Question Answers
Why Deepak Nitrite is increasing?
Deepak Nitrite share surged nearly 4 per cent to hit an all-time high of Rs 1,989.20 on the Bombay Stock Exchange after the chemical manufacturing company reported better-than-expected earnings during the March quarter of 2021.Who is the owner of Deepak Nitrite?
Deepak Chimanlal MehtaWhat are the products of Deepak Nitrite?
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$590 million) (2020) |
How do you know if a stock is multibagger?
How to identify multibagger stocks?- 1) Strong and capable management: A business cannot succeed without a management team that is capable as well as strong.
- 2) Competitive advantage: It's perhaps one of the best ways to identify multibagger stocks.
Which share is best to buy tomorrow?
27 Best intraday tips for tomorrow NSE| Company | Intraday trade | Stoploss |
|---|---|---|
| Infosys Limited - INFY | BUY | 1689.87 |
| Tata Motors Limited - TATAMOTORS | SELL | 290.8 |
| Alkem Laboratories Ltd. - ALKEM | SELL | 3912.4 |
| Bandhan Bank Limited - BANDHANBNK | SELL | 288.18 |
Will Wipro stock go up?
This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.Munafa value: 75 as on 02 Thu Sep 2021.
| Strong resistance | 665.1 |
|---|---|
| Strong support | 179 |
Is Deepak Nitrite 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. 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.What is the CAGR of Deepak Nitrite?
Profit & Loss| Stock Price CAGR | |
|---|---|
| 10 Years: | 63% |
| 5 Years: | 79% |
| 3 Years: | 107% |
| 1 Year: | 215% |
What is the intrinsic value of Deepak Nitrite?
71.81Who is the promoter of Deepak Nitrite?
DEEPAK NITRITE Promoter Shareholding Pattern| Category & Name of the Shareholders | No. of shareholder | Shareholding as a % of total no. of shares (calculated as per SCRR, 1957)As a % of (A+B+C2) |
|---|---|---|
| Individuals/Hindu undivided Family | 7 | 17.01 |
| Ila Deepak Mehta | 1 | 0.29 |
| Ahaana Maulik Mehta | 1 | 0.01 |
| Deepak Chimanlal Mehta | 1 | 15.80 |
