Deepak Nitrite share price down 4% after Q1 profit falls 40%

The company reported quarterly net profit at Rs. 63.61 crore in June 2020 down 40.71 percent from Rs. 107.28 crore in June 2019. EBITDA stood at Rs 102.47 crore in June 2020 down 45.54 percent from Rs. 188.17 crore in June 2019.

Deepak Nitrite Standalone June 2020 Net Sales at Rs 350.40 crore, down 36.33% Y-o-Y

State Street Global Advisors acquires 0.67% stake in Deepak Nitrite

Deepak Nitrite shares fell marginally in trade on July 29, but rallied 92 percent from its March 23 low

Deepak Nitrite Standalone March 2020 Net Sales at Rs 525.24 crore, up 8.1% Y-o-Y

Deepak Nitrite Standalone December 2019 Net Sales at Rs 584.91 crore, up 29.31% Y-o-Y

Deepak Nitrite posts 4-fold jump in Q3 net profit to Rs 156.71 crore

The company's net income on a consolidated basis jumped significantly to Rs 1,134.52 crore during the third quarter of 2019-20 as compared with Rs 767.72 crore in the year-ago.

Buy Deepak Nitrite, target Rs 496: Anand Rathi

We expect phenolic business to show improved profitability and any expected decline in temporary higher DASDA prices should offset the bottom line.

Deepak Nitrite Standalone June 2019 Net Sales at Rs 550.36 crore, up 30.72% Y-o-Y

Ideas for Profit | Atul & Amal: Strong performance across the chemical value chain

Deepak Nitrite Standalone March 2019 Net Sales at Rs 485.87 crore, up 23.65% Y-o-Y

Buy Deepak Nitrite; target of Rs 332: CD Equisearch

CD Equisearch is bullish on Deepak Nitrite has recommended buy rating on the stock with a target price of Rs 332 in its research report dated March 26, 2019.

Buy Deepak Nitrite, target Rs 346: Anand Rathi

The improvement in operating performance was mainly attributable to a combination of higher realisation of products across all business segments, operating leverage and cost rationalisation in operations.

Deepak Nitrite Standalone December 2018 Net Sales at Rs 452.31 crore, up 21.87% Y-o-Y

Market Head Start: Nifty likely to open flat; 3 stocks which could give 8-9%

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 33.5 points or 0.31 percent. Nifty futures were trading around 10,991-level on the Singaporean Exchange.

Podcast | Stock picks of the day: Top 3 stocks to buy ahead of F&O expiry

On the technical front, 10,920-10,950 spot levels is a strong support zone and expect Nifty to expire in the band of 11,000-11,200 levels.

Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give 8-10%

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 10 points or 0.1 percent. Nifty futures were trading around 11,002-level on the Singaporean Exchange.

Podcast | Stock picks of the day: Pullback rally on the cards; Axis Bank among top buys

Considering the technical evidence discussed above, we believe that, short-term pullback rally is on the cards and bottom of 10,750 levels should not be violated soon.

Deepak Nitrite standalone Jun-2018 sales at Rs 421.02 crore

Deepak Nitrite has reported a sales total income from operations of Rs 421.02 crore and a net profit of Rs 21.78 crore for the quarter ended Jun-2018

Deepak Nitrite plans to raise up to Rs 150 crore via QIP

Deepak Nitrite on Monday said its board has approved raising up to Rs 150 crore through sale of shares to institutional investors.

3 hot stock picks from Anand Rathi Share and Stock Brokers

Dalmia Bharat, Deepak Nitrite, and Supreme Industries are on the radar of Anand Rathi Share and Stock Brokers

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KEI Industries, Deeapk Nitrite and Kalyani Steel are on the radar of Anand Rathi Share and Stock Brokers

Here are 3 stocks ideas from Anand Rathi

Here's why Anand Rathi picks Voltas, Deepak Nitrite, and Bharat Forge.

Accumulate Deepak Nitrite; target of Rs 251: CD Equisearch

CD Equisearch is bullish on Deepak Nitrite has recommended buy rating on the stock with a target price of Rs 251 in its research report dated October 12, 2017.

Deepak Nitrite Q1 net up 32% to Rs 20 crore

Revenues stood at Rs 361.63 crore as compared to Rs 339.39 crore in Q1 FY17, representing a growth of 7 per cent, a company statement said here.

Deepak Nitrite, Tata Chemicals down 5% on weak Q1 numbers

Tata Chemicals' Q1 consolidated net profit was down 13.6 percent at Rs 178 crore versus Rs 206 crore.