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.
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