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Deepak Nitrite Share Price History & Returns (1990 To 2024)

Deepak Nitrite Share Price History & Returns (1990 To 2024)

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Deepak Nitrite Share Highlights

As of Mon 22 Jul 2024, Deepak Nitrite Share price is ₹2,851.19 which is ₹12.81 below 52-week high of ₹2,864 and ₹929.35 above 52-week low of ₹1,921.84

52-Week High Low

  • Deepak Nitrite 52-Week High is ₹2,864 occured on Mon 22 Jul 2024
  • Deepak Nitrite 52-Week Low is ₹1,921.84 occured on Thu 26 Oct 2023

All Time High

  • The all-time high or the highest price that Deepak Nitrite shares have ever touched was ₹3,020 and this occurred on Tue 19 Oct 2021.
  • The highest closing price at which Deepak Nitrite shares have ever closed was ₹2,925.89 recorded on Tue 19 Oct 2021.

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Short Info About Deepak Nitrite

Deepak Nitrite: A Leader in Responsible Chemistry for Over 50 Years

Many daily-use products are available in the market, like soap, detergent, medicines, etc., which are sold by various companies, but all have one common requirement. Almost every manufactured product needs some chemical in the form of raw materials. Tapping into the opportunity, Deepak Nitrite Ltd. was incorporated.

June 1970: Deepak Nitrite Ltd. was incorporated.

April 1971: It got listed on the Indian stock market

Quality raw material is needed for a quality product, and a company that can provide quality chemicals is in demand all over the world. It makes chemicals used in agrochemicals, pharmaceuticals, dyes & pigments, petrochemicals, etc. Through its 5 multi-division units, it is fulfilling the chemicals demand of India as well as exporting its products to over 29+ countries through its vast distribution network.

It holds a 70% market share in India in important inorganic compounds, such as sodium nitrite, sodium nitrate, nitric acid, etc. Various indices have it as its constituent, such as Nifty Midcap 150, Nifty India Manufacturing, etc.

In 2020, when it was already getting benefits due to the China-plus-one strategy, the coronavirus pandemic forced the world to look for other alternatives for China, due to which the price of the chemicals increased in the global market. It made the stock of Deepak Nitrite lucrative, giving a 5 times return between 2020-21.

Let’s dive into the historical share price of Deepak Nitrite Ltd. and see the value creation done for its investors.

Deepak Nitrite Recent Performance

Over the past 24 trading days, the value of Deepak Nitrite's stock has increased by ₹428.84 (+17.70%). On 18 Jun 2024, its one share was worth ₹2422.35 and by 22 Jul 2024, the value jumped to ₹2851.19. During this period it created a highest high of ₹2864.00 and lowest low of ₹2390.00.

Below Image represents line chart of daily close price of Deepak Nitrite, helping you visualize how the price has changed day by day.

Deepak Nitrite Recent Daily Close Chart
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Deepak Nitrite Share Price Chart From 1990 to 2024

Deepak Nitrite Share Price History Table From 1990 to 2024

Deepak Nitrite Share Price History Table From 1990 to 2024

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YearDeepak NitriteYOY Chg%↑High - ↓Low
1990₹7.99-

↑ ₹12.61

↓ ₹6.73

1991₹10.9336.7%

↑ ₹11.56

↓ ₹6.81

1992₹8.20-25%

↑ ₹21.02

↓ ₹7.99

1993₹4.62-43.7%

↑ ₹8.41

↓ ₹3.57

1994₹7.3659.3%

↑ ₹10.51

↓ ₹3.05

1995₹3.28-55.5%

↑ ₹7.36

↓ ₹3.19

1996₹1.77-46.1%

↑ ₹3.61

↓ ₹1.35

1997₹1.18-33.4%

↑ ₹2.25

↓ ₹0.92

1998₹3.35183.8%

↑ ₹4.04

↓ ₹1.17

1999₹5.2155.5%

↑ ₹7.67

↓ ₹3.32

2000₹2.77-46.9%

↑ ₹5.38

↓ ₹2.44

2001₹2.40-13.4%

↑ ₹2.90

↓ ₹1.70

2002₹3.3640%

↑ ₹4.54

↓ ₹2.02

2003₹6.3488.6%

↑ ₹7.31

↓ ₹3.16

2004₹7.2814.8%

↑ ₹8.61

↓ ₹4.16

2005₹22.59210.3%

↑ ₹25.30

↓ ₹6.30

2006₹13.62-39.8%

↑ ₹26.50

↓ ₹13.00

2007₹14.828.8%

↑ ₹16.75

↓ ₹8.61

2008₹9.37-36.8%

↑ ₹20.76

↓ ₹8.21

2009₹13.5244.2%

↑ ₹16.00

↓ ₹7.30

2010₹19.5644.6%

↑ ₹21.93

↓ ₹12.11

2011₹15.25-22.1%

↑ ₹23.00

↓ ₹13.61

2012₹26.5073.7%

↑ ₹32.48

↓ ₹13.90

2013₹30.1113.6%

↑ ₹30.38

↓ ₹21.09

2014₹81.71171.3%

↑ ₹105

↓ ₹28.99

2015₹73.21-10.5%

↑ ₹86.86

↓ ₹54.47

2016₹91.7525.3%

↑ ₹134

↓ ₹56.07

2017₹231.78152.6%

↑ ₹243

↓ ₹89.95

2018₹220.79-4.8%

↑ ₹304

↓ ₹204

2019₹372.7168.8%

↑ ₹386

↓ ₹205

2020₹941.92152.7%

↑ ₹954

↓ ₹309

2021₹2489.50164.3%

↑ ₹3020

↓ ₹927

2022₹1985.65-20.3%

↑ ₹2690

↓ ₹1682

2023₹2481.2024.9%

↑ ₹2502

↓ ₹1730

2024₹2851.1914.9%

↑ ₹2864

↓ ₹2721

Analyzing the Impact of Investing in Deepak Nitrite

Deepak Nitrite Shares price in the year 1990 was ₹7.99. If you had invested ₹10,000 in Deepak Nitrite Shares in 1990, in 34 years, your investment would have grown to ₹35.68 Lakh by the end of 2024. This represents a positive return of 35584.4% from 1990 to 2024, with a compound annual growth rate (CAGR) of 18.8%.

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Also Read: HDFC Life Year Wise Share Price History From IPO to 2024

Deepak Nitrite Share Returns In Last 5 Years

Deepak Nitrite Share Returns In Last 5 Years
  • Its highest share price in the last 5 years was: ₹3,020 and lowest was: ₹205.94
  • Deepak Nitrite Shares price in 2019 was ₹372.71
  • By 2024, its share price rose to ₹2,851.19
  • It gave a positive return of over 664% with a CAGR of 50.2% over the last 5 years
  • If you had invested ₹10,000 in Deepak Nitrite in 2019 then in 5 years, your investment would have grown to ₹76,498 by 2024, which is 7.64 times of your initial investment.

Deepak Nitrite Share Returns In Last 10 Years

Deepak Nitrite Share Returns In Last 10 Years
  • Its highest share price in the last 10 years was: ₹3,020 and lowest was: ₹28.99
  • Deepak Nitrite Shares price in 2014 was ₹81.7
  • By 2024, its share price rose to ₹2,851.19
  • It gave a positive return of over 3389% with a CAGR of 42.6% over the last 10 years
  • If you had invested ₹10,000 in Deepak Nitrite in 2014 then in 10 years, your investment would have grown to ₹3.48 Lakh by 2024, which is 34.89 times of your initial investment.

Deepak Nitrite Share Returns In Last 15 Years

DEEPAKNTR last15
  • Its highest share price in the last 15 years was: ₹3,020 and lowest was: ₹7.3
  • Deepak Nitrite Shares price in 2009 was ₹13.52
  • By 2024, its share price rose to ₹2,851.19
  • It gave a positive return of over 20988% with a CAGR of 42.8% over the last 15 years
  • If you had invested ₹10,000 in Deepak Nitrite in 2009 then in 15 years, your investment would have grown to ₹21.08 Lakh by 2024, which is 210.88 times of your initial investment.

Deepak Nitrite Share Returns In Last 20 Years

Deepak Nitrite Share Returns In Last 20 Years
  • Its highest share price in the last 20 years was: ₹3,020 and lowest was: ₹4.16
  • Deepak Nitrite Shares price in 2004 was ₹7.28
  • By 2024, its share price rose to ₹2,851.19
  • It gave a positive return of over 39064% with a CAGR of 34.7% over the last 20 years
  • If you had invested ₹10,000 in Deepak Nitrite in 2004 then in 20 years, your investment would have grown to ₹39.16 Lakh by 2024, which is 391.64 times of your initial investment.

Deepak Nitrite Share VS FD (Normal) VS FD (Compounding)

You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.

  • Shares: Units of ownership in a company can benefit from its profits or losses.
  • FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
  • Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
To help you make a well-informed decision, we have prepared a handy table that compares the returns of Deepak Nitrite Share with both FD choices over time.


If you invested ₹10,000 rupees each in these 3 options in :

YearDeepak Nitrite InvestmentFD Normal InvestmentFD Compond Investment
1990₹10,000₹10,000₹10,000

Then today, your investment would have become this much in each option:

2024₹35,09,352.51₹30,400₹72,510.25



[Click/Touch on line to show data]


For more insights into Deepak Nitrite, explore these additional resources:-

Reference:


About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter