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Deepak Nitrite starts production of 2 Ethyl Hexyl Nitrate; stock up 7%

The stock was up 7 per cent to Rs 465 on Wednesday, thus surging 22 per cent in the past two trading days.

Deepak Nitrite starts production of 2 Ethyl Hexyl Nitrate; stock up 7%
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2EHN finds application and is one of the essential raw materials / additives used in refining process of diesel oil produced by various refineries.

SI Reporter Mumbai
Shares of Deepak Nitrite climbed 7 per cent to Rs 465 on Wednesday, thus surging 22 per cent in the past two trading days after the company commenced the production of 2 Ethyl Hexyl Nitrate (2EHN) at its Nandesari facility in Gujarat with effective Monday, April 6, 2020.

2EHN finds application and is one of the essential raw materials / additives used in refining process of diesel oil produced by various refineries.

In view of requirement of 2EHN by petroleum refineries to ensure continued supply of diesel oil during lockdown due to COVID-19, the Company applied to the