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Deepak Nitrite gains 8% in three days on Crisil's credit rating upgrades

Going forward, growth over the medium term will be driven by trecovery in demand from Basic Chemical (BC) and Performance Product (PP) segments and continued steady outlook for FSC and Phenol segments

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Deepak Nitrite | Buzzing stocks | Markets

SI Reporter  |  Mumbai 

Deepak Nitrite gains 8% in 3-days after Crisil upgrades credit rating

Shares of were up 5 per cent at Rs 1,603 on the BSE in intra-day trade on Tuesday, having gained 8 per cent in the three trading days after the rating agency upgraded bank loan facilities of the company to 'stable' from 'positive'. The stock of the commodity chemicals company had hit a record high of Rs 1,691.55 on March 4.

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First Published: Tue, March 23 2021. 10:31 IST
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