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HomeNewsBusinessMarketsDeepak Nitrite shares rise by 2.17% in today's session

Deepak Nitrite shares rise by 2.17% in today's session

With the stock's current price at Rs 2023.00, Deepak Nitrite has shown a positive movement of 2.17% in today's session.

May 15, 2025 / 11:32 IST
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Deepak Nitrite's stock experienced a rise of 2.17% during today's session, according to the latest market data. The stock's current price is Rs 2023.00. This increase positions Deepak Nitrite among the top gainers in the NIFTY MIDCAP 150 index.

Deepak Nitrite is a component of the NIFTY MIDCAP 150 index.

Financial Performance:

Analyzing the financial performance of Deepak Nitrite, key metrics from both quarterly and annual reports provide insights into the company's financial health.

Quarterly Performance:

A review of the consolidated quarterly results shows the following trends:

PeriodRevenue (Cr)Net Profit (Cr)EPS
Dec 2023Rs 2,009.23Rs 202.0414.81
Mar 2024Rs 2,126.21Rs 253.8418.61
Jun 2024Rs 2,166.84Rs 202.5314.85
Sep 2024Rs 2,032.00Rs 194.2014.24
Dec 2024Rs 1,903.40Rs 98.137.19
Annual Performance:

The annual consolidated financial performance reveals the following:

YearRevenue (Cr)Net Profit (Cr)EPSBVPSROEDebt to Equity
2020Rs 4,229.71Rs 611.0344.80115.2438.870.65
2021Rs 4,359.75Rs 775.8156.88172.0433.060.25
2022Rs 6,802.19Rs 1,066.6478.20244.7531.950.09
2023Rs 7,972.06Rs 852.0062.46299.8520.830.01
2024Rs 7,681.83Rs 810.8659.45353.5716.900.05

The company's revenue has shown a fluctuating trend over the past five quarters, with a recent dip in December 2024. Net profit also saw a significant decrease in the same period. Annually, while revenue experienced growth from 2020 to 2023, there was a slight decline in 2024. Net profit and EPS figures reflect a similar pattern. The debt-to-equity ratio remains low, indicating a conservative capital structure.

Moneycontrol's sentiment analysis as of 2025-05-08 suggests a very bearish outlook for the stock. With the stock's current price at Rs 2023.00, Deepak Nitrite has shown a positive movement of 2.17% in today's session.

Alpha Desk
first published: May 15, 2025 11:32 am

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