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Deepak Nitrite Ltd.
Share Price Target & Analysis

NSE:DEEPAKNTR

2441.40

VWAP

2469.15

Open

2469.15

Close

2485.00

High

2417.00

Low

2619.80

52 Week High

2424.25 ⇩
-44.90 (-1.82%)

DEEPAKNTR

(CHEMICALS)
72.3% Momentum

Sideways to Positive

1900.20

52 Week Low

30.67

EPS

35.82

PE

12.6

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: DEEPAKNTR Share Price Financial Analysis & Valuation

Deepak Nitrite Ltd. (DEEPAKNTR) is broadly categorized in CHEMICALS segment industry which deals in Chemicals vertical. It is one of Mid Cap company with Market Capitalization of Rs 29002.3 (in Cr). Total number of free float shares are 13.6 (in Lacs). Deepak Nitrite Ltd. is listed on NSE with Exchange ID - INE288B01029 and trading code is NSE:DEEPAKNTR with short name Deepak Nitrite.

Deepak Nitrite Ltd. is good enough to Outperformed the market. DEEPAKNTR gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Deepak Nitrite Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Deepak Nitrite Ltd. has declared an equity dividend of Rs 7.5 per share. At the current share price of DEEPAKNTR at Rs 2424.25, this results in a dividend yield of 0.31 %.

As per the Fundamental Analysis of NSE:DEEPAKNTR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine DEEPAKNTR underlying value and future prospects. All of this data is available in DEEPAKNTR financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:DEEPAKNTR, it is clearly understood that DEEPAKNTR is Economical performer in terms of earnings and profit margins with an EPS of 30.67. NSE:DEEPAKNTR book value per share as of today is 192.46. The current price to book ratio for DEEPAKNTR as of May 15, 2024 is 12.6.

Valuation of the Stock: The current valuation of DEEPAKNTR stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of DEEPAKNTR whether to BUY this stock at current valuation. The delivery percentage of DEEPAKNTR is 37.64% is very crucial parameter which shows that 37.64% investors are anticipating that the price of DEEPAKNTR share should go up with VWAP at 2441.40.

Now, the main question is whether to BUY or SELL, NSE:DEEPAKNTR at current valuation.
As per latest Analysis No. #761:-

⇑ STRONG BUY DEEPAKNTR if All Greens

⇗ BUY DEEPAKNTR (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD DEEPAKNTR (With Stop Loss) if only 1 Green

⇘ SELL DEEPAKNTR if NO Green Indicator

NSE: DEEPAKNTR Share Price Today (May 15, 2024)

(Deepak Nitrite Ltd. Daily Analysis on the basis of DEEPAKNTR Intraday Graph & Trend)

Deepak Nitrite Ltd. share price moved Down by -1.82% from its previous close of Rs 2469.15. DEEPAKNTR stock last traded price is 2424.25. DEEPAKNTR share price trend is Down with a total of 119207 stocks traded till now. It has touched an intraday high of Rs 2485.00 and an intraday low of Rs 2417.00. The DEEPAKNTR trading at 2424.25, Down by Rs. -44.90, or -1.82 percent which suggests that most of the Traders are anticipating that the price of DEEPAKNTR share should go Down.

NSE: DEEPAKNTR Share Price Tomorrow Prediction

(Deepak Nitrite Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of DEEPAKNTR)

Deepak Nitrite Ltd. share price moved Down by -1.82%. DEEPAKNTR share price short term trend is Down. It suggests that DEEPAKNTR Share Price for Tomorrow remains the same with VWAP at 2441.40 will be treated as stop loss for intraday traders. Deepak Nitrite Ltd. Long term investors can follow the DEEPAKNTR long term trend as mentiond in future forecast table.

NSE Code

NSE: DEEPAKNTR

DEEPAKNTR Share Price Today

 2424.25

DEEPAKNTR Share Price Target Prediction for 2024 ^

 2170.8 - 2632.8

DEEPAKNTR Share Price Target Prediction for 2025*^

 2632.8 - 2804.8

DEEPAKNTR Share Price Target Prediction for 2026*^

 2804.8 - 3001.1

DEEPAKNTR Share Price Target Prediction for 2027*^

 3151

DEEPAKNTR Share Price Target Prediction for 2028*^

 3241

DEEPAKNTR Share Price Target Prediction for 2030*^

 3533
DEEPAKNTR Current Book Value 2023
191.5

*Deepak Nitrite Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^DEEPAKNTR share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

DEEPAKNTR Technical Analysis

Candlestick Pattern: @2424.25

DEEPAKNTR Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 2461.29 SELL 2460.2 SELL
MA_12 2474.45 SELL 2449.91 SELL
MA_20 2428.1 SELL 2420.89 BUY
MA_32 2335.85 BUY 2372.29 BUY
MA_50 2277.78 BUY 2339.4 BUY
MA_100 2291.28 BUY 2297.33 BUY
MA_200 2214.42 BUY 2223.41 BUY

DEEPAKNTR Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 2428.1 Downtrend
MACD -8.7 SELL
ADX 34.97 Strong Trend
DMI (+/-) 23.07 / 14.94 Uptrend

DEEPAKNTR Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 53.15 Neutral
STOCHASTIC_K (Fast) 21.69 Neutral
STOCHASTIC_D (Slow) 37.1 Neutral
CCI -81.24 Neutral
PSAR 2607.5 SELL
TRUE RANGE 68 Neutral
ATR 75.09 Neutral
WILLIAMS R -84.43 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 17.81 Oversold
MOMENTUM 107.55 BUY

DEEPAKNTR Last 1 Year Trend

Duration Value
1 Year 25.82%
3 Months 8.7%
1 Month 4.64%
1 Week -3.18%

DEEPAKNTR Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 23%
SELL 37%

Most popular Questions & Answers about DEEPAKNTR


Deepak Nitrite Ltd. stock last traded price is 2424.25. DEEPAKNTR share price moved Down by -1.82% from its previous close of Rs 2469.15.

Deepak Nitrite Ltd. share price trend is Down with a total of 119207 stocks traded till now. It has touched an intraday high of Rs 2645.998 and an intraday low of Rs 2417.00. The DEEPAKNTR trading at 2424.25, Down by Rs. -44.90, or -1.82 percent which suggests that most of the Traders are anticipating that the price of DEEPAKNTR share should go Down and the Stop Loss will be around 2441.40.

The market cap of Deepak Nitrite Ltd. is ₹29002.3 (in Cr) as of May 14, 2024.

The current price to earning ratio for Deepak Nitrite Ltd. as of May 14, 2024 is 35.82.

The current price to book ratio for Deepak Nitrite Ltd. as of May 14, 2024 is 12.6.

The highest price of Deepak Nitrite Ltd. stock is ₹2619.80 in the last 52-week.

The lowest price of Deepak Nitrite Ltd. stock is ₹1900.20 in the last 52-week.

Deepak Nitrite Ltd. share trading at ₹2424.25, Down by Rs. -44.90, or -1.82 percent which suggests that most of the traders are anticipating that the price of DEEPAKNTR share should go Down.

In 2023, Stock price target for Deepak Nitrite Ltd. (DEEPAKNTR) are ₹2170.8 on downside and ₹2632.8 on upside. Deepak Nitrite Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Deepak Nitrite Ltd. (DEEPAKNTR) are ₹2632.8 on downside and ₹2804.8 on upside. Deepak Nitrite Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Deepak Nitrite Ltd. (DEEPAKNTR) are ₹2804.8 on downside and ₹3001.1 on upside. Deepak Nitrite Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Deepak Nitrite Ltd. (DEEPAKNTR) will be around ₹3241 Deepak Nitrite Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of DEEPAKNTR.

As per the fundamental analysis of Deepak Nitrite Ltd. (DEEPAKNTR), it is of Economical quality in terms of earnings and profit margins with an EPS of 30.67. Deepak Nitrite Ltd. book value per share as of today is 192.46. The current price to book ratio for DEEPAKNTR as of May 15, 2024 is 12.6.


NSE:DEEPAKNTR News & Other Useful Information about DEEPAKNTR Share Price


Peer Comparison of NSE: DEEPAKNTR

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Chemicals

Company Price EPS BV
PIDILITIND 2986.00 35.38 139.76
MANORG 367.80 4.16 324.78
GANESHBE 154.80 7.88 49.38
UPL 514.80 16.11 110.26
INDOBORAX 172.90 12.35 79.4
AARTIIND 621.90 11.53 146
DEEPAKNTR 2424.25 30.67 192.46
ATUL 5876.60 130.62 1728.63
FLUOROCHEM 3213.00 38.12 539.16
TATACHEM 1072.45 35.17 735.01
Updated at: 15 May 2024 15:29

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