Net Sales are expected to decrease by 4.5 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs 1,939.9 crore, according to Prabhudas Lilladher.
Stocks to watch, 29 September: Stocks like Hindustan Unilever, Amanta Healthcare, Ceigall India, Azad Engineering, PG Electroplast, Alkem Laboratories, Shriram Finance, Lemon Tree Hotels, Godrej Agrovet, BEML, Waaree Energies, Zaggle Prepaid Ocean Services, and Tata Motors will be in focus on September 29.
The negative trend is expected to prevail in the market. Below are some short-term trading ideas to consider.
Prabhudas Lilladher recommended hold rating on Deepak Nitrite with a target price of Rs 1883 in its research report dated August 14, 2025.
Emkay Global Financial recommended reduce rating on Deepak Nitrite with a target price of Rs 1800 in its research report dated August 16, 2025.
Motilal Oswal is bearish on Deepak Nitrite has recommended sell rating on the stock with a target price of Rs 1630 in its research report dated August 15, 2025.
ICICI Securities recommended hold rating on Deepak Nitrite with a target price of Rs 1950 in its research report dated August 15, 2025.
Deepak Nitrite share price: The company's Q1FY26 net profit slumped 44.6 percent year-on-year to Rs 112 crore, with revenue down 12.8 percent and margins narrowing to 10 percent
Stocks to Watch, 14 August: Stocks like JSW Cement, All Time Plastics, IRCTC, Pfizer, Vishal Mega Mart, Muthoot Finance, Jain Irrigation Systems, Zydus Lifesciences, Jubilant Foodworks, United Spirits, and Man Infraconstruction will be in focus on August 14.
Net Sales are expected to decrease by 5.3 percent Y-o-Y (down 5.8 percent Q-o-Q) to Rs. 2,052.8 crore, according to Prabhudas Lilladher.
ICICI Securities recommended hold rating on Deepak Nitrite with a target price of Rs 2000 in its research report dated May 30, 2025.
Prabhudas Lilladher recommended reduce rating on Deepak Nitrite with a target price of Rs 1799 in its research report dated May 29, 2025.
Stocks to watch, 29 May: Stocks like Bharat Rasayan, HeidelbergCement India, Birlasoft,Som Distilleries and Breweries, Natco Pharma, Deepak Nitrite, RITES, Aurobindo Pharma, IndusInd Bank, Steel Authority of India, Avanti Feeds, Insecticides India, Balaji Amines, Cummins India, ITC, ADF Foods, Mishra Dhatu Nigam, and Unified Data Tech Solutions will be in focus on May 29.
Deepak Nitrite's subsidiary has approved a major investment to set up a new manufacturing complex, in an effort to expanding domestic production of key speciality chemicals, a move that is seen as a step to further de-risk the supply chain in present times for trade-related disruptions.
Prabhudas Lilladher recommended hold rating on Deepak Nitrite with a target price of Rs 1960 in its research report dated February 17, 2025.
DAM Capital has a Buy call on Deepak Nitrite with a target of Rs 2,142 per share, while Morgan Stanley has put a target of Rs 3000 per share along with a Overweight call.
Deepak Nitrite share price: EBITDA tumbled 44.7 percent to Rs 168.5 crore from Rs 304.6 crore, impacted by higher input costs and lower realizations.
Stocks To Watch, Feb 14: Stocks like Kalpataru Projects, Hindustan Construction Company, Nirlon, Nazara Technologies, Deepak Nitrite, Allcargo Logistics, R Systems International, Manappuram Finance, Titagarh Rail Systems, Carborundum Universal, Gujarat Pipavav Port, UltraTech Cement, and Mahindra Lifespace will be in focus on February 14.
As long as the market defends the midline of Bollinger Bands, the trend may remain in favour of bulls despite Monday's profit booking. Below are some trading ideas for the near term.
Stocks like Oil and Natural Gas Corporation, Indian Energy Exchange, Nitiraj Engineers, Kore Digital, Hero MotoCorp, PTC India, HG Infra Engineering, Thyrocare Technologies, Max Healthcare Institute, and Deepak Nitrite will also be in focus on December 4.
The market may extend its upward move amid consolidation in the upcoming session, but the "sell on rally" strategy remains valid due to the overall bearish sentiment. Below are some trading ideas for the near term.