You are here » Home » Companies » Company Overview » Deepak Nitrite Ltd

Deepak Nitrite Ltd.

BSE: 506401 Sector: Industrials
NSE: DEEPAKNTR ISIN Code: INE288B01029
BSE LIVE 15:41 | 06 Dec 92.45 1.90
(2.10%)
OPEN

91.05

HIGH

93.55

LOW

91.00

NSE LIVE 15:31 | 06 Dec 92.35 2.15
(2.38%)
OPEN

92.65

HIGH

94.00

LOW

90.00

OPEN 91.05
PREVIOUS CLOSE 90.55
VOLUME 16521
52-Week high 134.25
52-Week low 56.10
P/E 15.64
Mkt Cap.(Rs cr) 1075.19
Buy Price 0.00
Buy Qty 0.00
Sell Price 92.45
Sell Qty 400.00
OPEN 91.05
CLOSE 90.55
VOLUME 16521
52-Week high 134.25
52-Week low 56.10
P/E 15.64
Mkt Cap.(Rs cr) 1075.19
Buy Price 0.00
Buy Qty 0.00
Sell Price 92.45
Sell Qty 400.00

Deepak Nitrite Ltd. (DEEPAKNTR) - Company History

Deepak Nitrite Limited is an India-based company. The Company is a manufacturer of organic inorganic fine and specialty chemicals and is a business partner of chemical worldwide in pharmaceutical agro rubber colorants and imaging chemicals. It also manufactures of xylidines and cumedines. The company has four manufacturing facilities at different locations in the western part of India -one at Nandesari in Gujarat and three at Pune Taloja and Roha in Maharashtra. The company was incorporated in the year 1970.The Company operates in three business segments: organic intermediates inorganic intermediates and fine and specialty chemicals. The Organic Intermediates segment consists of nitro aromatic plants and also multi-purpose aromatic amines plant based on catalytic hydrogenation technology. The Fine and Specialty Chemical segment produces a range of effect chemicals for the needs of speciality producers. These include colour intermediates for optical brighteners. During the year the 1984-1985 the company started to manufactured 3000 TPA concentrated nitric acid and in the same year the company commissioned its hexamine plant. During the year the company acquired 31 acres of land in village Kareli in District Bharuch. During the year 1986-1987 the company started the production of new items namely Guanidine Nitrate and Hydroxylamine Sulphate. During the year the 1987-89 the company commissioned of the second CAN plant. During the year 1994-1995 the company successfully achieved rated capacity utilization for the whole year the Nitroaromatic plant's capacity being enhanced in a phased manner and in the same year the company developed a new hydrogenation plant being set up at Taloja.During the year 1995-1996 the company's Sahyadri Dyestuffs & Chemical Division developed new product for exclusive customers in Europe and USA. During the year 1996-1997 the company's Taloja Chemical division established the plant for Hydrogenation of Nitromatics at Taloja and started commercial production of Toluidines. During the year 1999-2000 the company acquired 68.76 % equity capital of Aryan Pesticides Ltd (APL). In the same year the company increased installed capacity of Nitro Aromatics from 16500 MTS to 19000 MTS. During the year 2000-2001 the company's Taloja Chemical division commissioned the second stream of hydrogenation thereby giving an additional capacity. Also the company increased the installed capacity of Aromatics Amines from 4500 MTS to 6600 MTS.During the year 2003-2004 Aryan Pesticides Ltd amalgamated with Deepak Nitrite Limited with effect from 31 March 2004. During the year 2004-2005 the company increased installed capacity of Inorganic Salts from 36100 MTS to 36430 MTS Nitro Aromatics from 20000 MTS to 24000 MTS and Aromatics Amines from 6600 MTS to 9600MTS.During 2006-07 the company acquired the DASDA business of Vasant Chemical Limited with effect from 1 August 2006 on a going concern basis for a consideration of Rs. 55 crores. In 2010 the company launched products in the Fuel Additive Space. The company commenced first stream for commercial production of Optical Brightening Agent (OBA) for the year ended 2013.

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard