Moneycontrol PRO
HomeNewsBusinessStocksDeepak Nitrite slips 4% on I-T search operation

Deepak Nitrite slips 4% on I-T search operation

The company confirmed that there has been search operations being carried on by the Income Tax Department at the company.

November 19, 2018 / 09:58 IST
Tanfac Industries has gained 636 percent in the last 5 years. As of June 10, 2015, the share price was Rs 22.00 per share and now the current share price is Rs 161.95 with a market cap of Rs 162 crore.

Share price of Deepak Nitrite shed 4.6 percent intraday Monday after company confirmed the search operation by I-T Department.

The company confirmed that there has been search operations being carried on by the Income Tax Department at the company.

The share touched its 52-week high Rs 305 and 52-week low Rs 196 on 27 September, 2018 and 05 December, 2017, respectively.

Currently, it is trading 18.64 percent below its 52-week high and 26.61 percent above its 52-week low.

At 09:46 hrs Deepak Nitrite was quoting at Rs 250.10, down Rs 7.05, or 2.74 percent on the BSE.

Share price declined 11 percent in the last 3 months.

For more market news, click here

Moneycontrol News
first published: Nov 19, 2018 09:58 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347