Hi Guys, Do you want to know about the future value of Deepak Nitrite share price target? So you have come to the right page. Deepak Nitrite Share Price on NSE as of 20 August 2024 is 2,892.00 INR. On this page, you will find Deepak Nitrite Share Price Target 2024, 2025 to 2030 as well as Deepak Nitrite share price screener, Deepak Nitrite News today, Deepak Nitrite IPO share price, Deepak Nitrite share price target tomorrow, Deepak nitrite share price target 2030, Deepak share price, and more Information.
Deepak Nitrite Ltd. Company Details
Deepak Nitrite Ltd is a leading Indian chemical manufacturing company known for producing a wide range of chemicals used in industries like pharmaceuticals, agrochemicals, and dyes. Established in 1970, the company has grown to become a key player in the chemical sector, both in India and internationally. Deepak Nitrite is recognized for its commitment to quality, innovation, and sustainability, making it a trusted partner for many global businesses. Through its continuous focus on growth and expansion, the company has secured a strong position in the market.
| Official Website | godeepak.com |
| Headquarters | India |
| Number of employees | 1,720 (2024) |
| Subsidiaries | Deepak Chem Tech Limited, Deepak Phenolics Ltd, Nova Synthetic Ltd, Deepak Nitrite Corporation Inc |
| Category | Share Price |
Overview of Deepak Nitrite Share Price
- Open: ₹2,902.95
- High: ₹2,902.95
- Low: ₹2,850.45
- Market Capitalization: ₹39.44K Crore
- P/E Ratio: 45.68
- Dividend Yield:Â 0.26%
- 52-Week High: ₹3,169.00
- 52-Week Low: ₹1,921.85
Deepak Nitrite Share Price Recent Graph
Deepak Nitrite Share Price Target Tomorrow
Here are the estimated share prices of Deepak Nitrite for the upcoming years, based solely on market valuation, enterprise trends and professional predictions.
| S. No. | Deepak Nitrite Share Price Target Years | Target Price |
| 1 | Deepak Nitrite Share Price Target 2024 | ₹3,350 |
| 2 | Deepak Nitrite Share Price Target 2025 | ₹4,326 |
| 3 | Deepak Nitrite Share Price Target 2026 | ₹5,289 |
| 4 | Deepak Nitrite Share Price Target 2027 | ₹6,580 |
| 5 | Deepak Nitrite Share Price Target 2028 | ₹7,450 |
| 6 | Deepak Nitrite Share Price Target 2029 | ₹7,890 |
| 7 | Deepak Nitrite Share Price Target 2030 | ₹8,990 |
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Shareholding Pattern for Deepak Nitrite Share Price
- Promoters:Â 49.24%
- Retail and Others:Â 22.69%
- Other Domestic Institutions:Â 10.77%
- Mutual Funds:Â 10.44%
- Foreign Institutions:Â 6.86%
Factors Affecting Deepak Nitrite Share Price
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Demand for Chemicals: Deepak Nitrite’s share price is closely linked to the demand for its chemical products across industries like pharmaceuticals, agrochemicals, and dyes. A rise in demand can lead to higher sales and profits, positively impacting the share price.
- Raw Material Costs: The cost and availability of raw materials, such as petrochemicals, significantly affect the company’s profitability. Lower raw material costs can improve margins, driving share price growth, while higher costs may have the opposite effect.
- Environmental Regulations: Compliance with environmental laws and regulations can influence the company’s operational costs. Stricter regulations might increase costs, affecting profitability, while efficient management of these regulations can support growth.
- Global Market Conditions: As a major exporter, Deepak Nitrite’s share price is influenced by global market trends, currency fluctuations, and trade policies. Strong international demand and favorable trade conditions can boost the company’s revenue and stock price.
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Innovation and Expansion: Deepak Nitrite’s investments in research, development, and capacity expansion play a crucial role in its growth. New product developments, technological advancements, and entry into new markets can enhance the company’s competitive edge and drive share price growth.
Deepak Nitrite Ltd Financials:-
| Market Capitalization Value | 314422.01 crores |
| Total Share Capital | 27.28 crores |
| Total Investments | 1055.96 crores |
| Total Inventories | 447.63 crores |
| Trade Receivables | 597.02 crores |
| Trade Payables | 288.14 crores |
| Total Assets | 3049.60 crores |
| Total Revenue | 3135.13 crores |
| ROE | 17.88 percent |
| ROCE | 22.49 percent |
| PE ratio | 42.79 percent |
| PB ratio | 7.69 percent |
| DE ratio | 0.12 percent |
| Earnings Yield ratio | 0.02 percent |
| Net operating revenue | 8.28 percent |
| Inventory Turnover ratio | 5.01 percent |
| Dividend Payout ratio | 20.34 percent |
| Asset Turnover ratio | 1.07 percent |
| Return on Assets | 15.39 percent |
| Liquid ratio | 5.61 percent |
| Dividend Yield ratio | 0.33 percent |
| Book value | 192.45 crores |
| Revenue from Operations | 222.40 crores |
| Enterprise value | 25111.71 crores |
| EPS | 34.41 |
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