Page 2 - Deepak Nitrite

Deepak Nitrite dips 9% on margins disappointment in December quarter

In Q3FY22, its PAT was up 12 per cent at Rs 242 crore, on stable operational performance, partly bolstered by sharp reduction in finance costs owing to repayment of high-cost debt.

Deepak Nitrite Q3 consolidated net profit up 12% at Rs 242.46 crore

The company posted a net profit of Rs 242.46 crore for the quarter against Rs 216.56 crore in the year-ago quarter

Bull spread strategy on Deepak Nitrite by Nandish Shah of HDFC Securities

The stock price has broken out on the daily chart where it has closed at highest levels since May 06, 2021 with higher volumes

Top-performing Indian funds make winning bets on chemical firms stocks

India is emerging as a hub for specialty chemicals, helped by favorable policy measures.

Expensive valuations may cap near-term upside in chemical stocks: Analysts

However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety

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

Stocks to watch: Easy Trip, RIL, Deepak Nitrite, Bharti Airtel, IT stocks

Shares of Reliance Industries and Future Group companies could react after the Delhi High Court upheld the Emergency Award that Amazon had won against Future Retail-RIL deal

Deepak Nitrite: Analysts see further upside despite 135% rally in 6 months

Deepak Nitrite got a shot in the arm on Thursday when the government announced to extend anti-dumping duty on phenol exported from the European Union and Singapore till June 7, 2021

Deepak Nitrite surges 12% on strong operational performance in Q3

The consolidated Ebitda margin expanded 330 basis points (bps) to 27.4 per cent in Q3FY21

Vanguard Group buys Deepak Nitrite shares worth Rs 101 cr at Rs 839 a share

Shares of Deepak Nitrite on Monday closed 4.61 per cent lower at Rs 814.5 on the NSE

Deepak Nitrite rises 9%, hits 52-week high; stock up over 100% in CY20

The latest rally in the stock came after the DGTR recommended imposing provisional anti-dumping duty on phenol imports from Thailand and the United States

Trading strategies by Nilesh Jain of Anand Rathi: Buy Deepak Nitrite, BHEL

BHEL's stock has provided a breakout from a falling wedge pattern on the daily chart

Defensive traders should refrain from aggressive bets on Nifty: Nilesh Jain

The overall fall in volatility is hinting at no major move in the short-term

MARKET WRAP: Financials propel Sensex 996 points up; Nifty reclaims 9,300

All that happened in the markets today

Deepak Nitrite rises over 5% on strong March quarter nos, pares gains later

The company's revenue from operations (sales), on a consolidated basis, rose 4.69 per cent to Rs 1,055.54 crore for the quarter under review

Market Ahead, May 27: All you need to know before the opening bell

Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.

Market Ahead, May 26: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

Deepak Nitrite rallies 10% on heavy volumes, inches toward record high

Last week, Deepak Phenolics, a wholly-owned subsidiary of the company, commenced commercial production of Isopropyl Alcohol at its manufacturing facility situated at Dahej, Gujarat.

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 hits new high in subdued market; stock zooms 97% in 6 months

For Q3FY20, the company's phenol-acetone manufacturing subsidiary Deepak Phenolics clocked record quarterly turnover on the back of high utilization levels.