"Deepak Nitrite – The Perfect Investment Opportunity?"Description:
✅ Deepak Nitrite is currently at a critical accumulation zone, making this a great time for long-term investors!
📊 Key Market Structure:
All-Time High: ₹3,469 (Aug 2024)
Recent Low: ₹1,790 (Down ~45% from ATH)
Current Price: ₹1,983
Monthly Swing Low Taken (2021 Levels)
Consolidati
Next report date
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Report period
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EPS estimate
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Revenue estimate
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54.90 INR
8.11 B INR
76.63 B INR
68.73 M
About DEEPAK NITRITE LTD
Sector
Industry
CEO
Maulik Deepak Mehta
Website
Headquarters
Vadodara
Founded
1970
ISIN
INE288B01029
FIGI
BBG000CQGGK3
Deepak Nitrite Ltd. operates as a chemical intermediates and other chemicals manufacturer. It operates through two segments: Advanced Intermediates and Phenolics. The Advanced Intermediates segment manufactures sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, speciality agrochemicals and optical brightening agent. The Phenolics segment manufactures cumene, phenol, acetone and isopropyl alcohol. The company was founded by Chimanlal Khimchand Mehta on May 2, 1970 and is headquartered in Vadodara, India.
SWING IDEA - DEEPAK NITRITE LTDDeepak Nitrite , a leading chemical company known for its diverse product portfolio, is showing a promising setup for swing trading.
Reasons are listed below :
2500 Support Zone : The price is resting on a well-tested support level around 2500, adding to the reliability of a potential bounce.
H
Deepak Nitrite Ltd's (DEEPAKN) technical analysisDeepak Nitrite Ltd's (DEEPAKN) technical analysis shows daily price movements. Here's a summary of the key insights:
Price Action and Trend:
The stock price is consolidating within a triangular pattern, suggesting a possible breakout or breakdown in the future.
A strong support level is evident ne
Deepak Nitrite Buy Price ActionAs per my analysis NSE:DEEPAKNTR has been done a proper correction and sustained above major support of 2622. It could be better risk taken area for buy. A small retracement is pending up to 2570 and this is the best buy level with stop loss of 2453. My expected upside target will be 2726 and 2811
DEEPAK NITRITE LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
Understanding the Flag Pattern - DEEPAKNTR
A flag pattern is a continuation pattern that indicates a brief consolidation before the previous trend resumes. It's characterized by a strong price move, followed by a period of consolidation, and then a breakout in the same direction as the initial move.
Characteristics of a Flag Pattern:
Fl
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of DEEPAKNTR is 1,959.80 INR — it has decreased by −0.54% in the past 24 hours. Watch DEEPAK NITRITE LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange DEEPAK NITRITE LTD stocks are traded under the ticker DEEPAKNTR.
DEEPAKNTR stock has risen by 7.22% compared to the previous week, the month change is a −1.52% fall, over the last year DEEPAK NITRITE LTD has showed a −14.34% decrease.
We've gathered analysts' opinions on DEEPAK NITRITE LTD future price: according to them, DEEPAKNTR price has a max estimate of 3,147.00 INR and a min estimate of 1,488.00 INR. Watch DEEPAKNTR chart and read a more detailed DEEPAK NITRITE LTD stock forecast: see what analysts think of DEEPAK NITRITE LTD and suggest that you do with its stocks.
DEEPAKNTR reached its all-time high on Aug 1, 2024 with the price of 3,169.00 INR, and its all-time low was 13.65 INR and was reached on Jan 18, 2012. View more price dynamics on DEEPAKNTR chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
DEEPAKNTR stock is 1.67% volatile and has beta coefficient of 1.03. Track DEEPAK NITRITE LTD stock price on the chart and check out the list of the most volatile stocks — is DEEPAK NITRITE LTD there?
Today DEEPAK NITRITE LTD has the market capitalization of 268.91 B, it has increased by 6.97% over the last week.
Yes, you can track DEEPAK NITRITE LTD financials in yearly and quarterly reports right on TradingView.
DEEPAK NITRITE LTD is going to release the next earnings report on Apr 30, 2025. Keep track of upcoming events with our Earnings Calendar.
DEEPAKNTR earnings for the last quarter are 7.20 INR per share, whereas the estimation was 13.72 INR resulting in a −47.52% surprise. The estimated earnings for the next quarter are 10.70 INR per share. See more details about DEEPAK NITRITE LTD earnings.
DEEPAK NITRITE LTD revenue for the last quarter amounts to 19.03 B INR, despite the estimated figure of 20.52 B INR. In the next quarter, revenue is expected to reach 19.77 B INR.
DEEPAKNTR net income for the last quarter is 980.90 M INR, while the quarter before that showed 1.94 B INR of net income which accounts for −49.49% change. Track more DEEPAK NITRITE LTD financial stats to get the full picture.
Yes, DEEPAKNTR dividends are paid annually. The last dividend per share was 7.50 INR. As of today, Dividend Yield (TTM)% is 0.38%. Tracking DEEPAK NITRITE LTD dividends might help you take more informed decisions.
DEEPAK NITRITE LTD dividend yield was 0.35% in 2023, and payout ratio reached 12.62%. The year before the numbers were 0.41% and 12.01% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 17, 2025, the company has 5.24 K employees. See our rating of the largest employees — is DEEPAK NITRITE LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. DEEPAK NITRITE LTD EBITDA is 10.53 B INR, and current EBITDA margin is 15.30%. See more stats in DEEPAK NITRITE LTD financial statements.
Like other stocks, DEEPAKNTR shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade DEEPAK NITRITE LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So DEEPAK NITRITE LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating DEEPAK NITRITE LTD stock shows the sell signal. See more of DEEPAK NITRITE LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.