Deepak Nitrite (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Deepak Nitrite Limited |
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Price: ₹2,596.85 | ||
| 52 Week Low: ₹2,021.00 52 Week High: ₹3,169.00 |
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| Market Capital: 36,434.66 Crore (Largecap) | |||
| Basic Materials -> Chemicals | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Deepak Nitrite Share Price Target For 2024
- 1.1.1: Deepak Nitrite Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Deepak Nitrite Share Price Target For 2025
- 1.2.1: Deepak Nitrite Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Deepak Nitrite Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Deepak Nitrite Brief Company Overview
- 4: Deepak Nitrite Financial Performance
- 4.0.1: Is Deepak Nitrite A Good Buy For Long Term?
To predict the Deepak Nitrite's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Deepak Nitrite Share Price Target For 2024
The line chart displays the monthly closing prices of Deepak Nitrite with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Deepak Nitrite shares in 2024, see the table below.
Deepak Nitrite Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 2695.35 (+3.79%) | Price Action: 30 Oct 2024 Low |
| 2024 Target 2 | 2666.15 (+2.66%) | Price Action: 12 Dec 2024 Low |
| 2024 Target 1 | 2639.2 (+1.63%) | Price Action: Jun 2024 High |
| Current Price | 2596.85 | Deepak Nitrite's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2595.05 (-0.07%) | Price Action: 19 Dec 2024 Low |
| Stop Loss 2 | 2566.05 (-1.19%) | Price Action: 11 Nov 2024 Low |
| Stop Loss 3 | 2533.65 (-2.44%) | Fibonacci Retracement Level 28.20% |
Short-Term Technical Outlook
Current Technical Position: Deepak Nitrite is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹2677.98 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.67% | 6-month: +4.06% | 1-year: +4.93%
Deepak Nitrite Share Price Target For 2025
The line chart displays the monthly closing prices of Deepak Nitrite with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Deepak Nitrite shares in 2025, see the table below.
Deepak Nitrite Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 3506.54 (+35.03%) | Price Action: Chart |
| 2025 Target 2 | 3441.16 (+32.51%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 3358.43 (+29.32%) | Fibonacci Extension Level 64.90% |
| Current Price | 2596.85 | Deepak Nitrite's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2380.64 (-8.33%) | Price Action: Nov 2021 High |
| Stop Loss 2 | 2345.0 (-9.70%) | Price Action: May 2022 High |
| Stop Loss 3 | 2311.74 (-10.98%) | Price Action: Oct 2022 High |
Long-Term Technical Outlook
52-Week Range Analysis: Deepak Nitrite is currently trading at 50.2% of its 52-week range (₹2021 - ₹3169).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +4.93% | 3-year: +5.35% | 5-year: +610.34%
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Approach 2: Machine Learning By Studying Historical Prices
Deepak Nitrite Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹2,596.85 | ||
| 2024 | ₹2,948.03 | +13.52% | ₹2,992.25 |
| 2025 | ₹3,474.20 | +17.85% | ₹3,526.31 |
| 2026 | ₹4,189.36 | +20.58% | ₹4,252.20 |
| 2027 | ₹5,021.61 | +19.87% | ₹5,096.93 |
| 2028 | ₹5,567.17 | +10.86% | ₹5,650.68 |
| 2029 | ₹5,995.15 | +7.69% | ₹6,085.08 |
| 2030 | ₹6,450.01 | +7.59% | ₹6,623.42 |
| 2031 | ₹7,252.93 | +12.45% | ₹7,424.33 |
| 2032 | ₹8,225.23 | +13.41% | ₹8,348.61 |
| 2033 | ₹8,716.94 | +5.98% | ₹8,847.69 |
| 2034 | ₹9,042.28 | +3.73% | ₹9,177.91 |
| 2035 | ₹9,425.81 | +4.24% | ₹9,827.04 |
| 2036 | ₹10,316.49 | +9.45% | ₹10,471.24 |
| 2037 | ₹11,428.85 | +10.78% | ₹11,600.28 |
| 2038 | ₹11,866.72 | +3.83% | ₹12,044.72 |
| 2039 | ₹12,175.69 | +2.60% | ₹12,358.33 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Deepak Nitrite Brief Company Overview
Company Overview Deepak Nitrite Limited is a leading manufacturer and supplier of chemical intermediates in India and globally. Established in 1970, the company has a strong reputation in the industry. Headquarters: Vadodara, India Key Products and Services: Sodium nitrite,...
sodium nitrate, nitro toluidines Fuel additives, nitrosyl sulphuric acid Xylidines, oximes, cumidines Speciality agrochemicals Cumene, phenol, acetone, isopropyl alcohol Market Presence: Deepek Nitrite Limited has a diverse product range catering to various industries: Colourants Rubber chemicals Explosives Dyes & pigments Food colours Pharmaceuticals Diesel blending Agrochemicals Glass Personal care Paper Detergents Textiles Laminates, ply, adhesive, paints Auto Pharmaceuticals Plastics Deepak Nitrite Limited is committed to providing innovative solutions and sustainable practices.Deepak Nitrite Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 36,434.66 Crore | Market valuation of Deepak Nitrite's shares. |
| Revenue (TTM) | 8,325.45 Crore | Total revenue generated by Deepak Nitrite over the past twelve months. |
| Net Income (TTM) | +8,526,499,840.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +13.16% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +10.24% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+15.50% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-5.30% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
16.72 | Company's total debt divided by total shareholder equity. |
| Total Debt | 857.05 Crore | Sum of Deepak Nitrite's current & long-term financial obligations. |
| Total Cash | 866.11 Crore | Total amount of liquid funds available to Deepak Nitrite. |
Is Deepak Nitrite A Good Buy For Long Term?
Deepak Nitrite, a large-cap stock with a market capitalization of ₹36,434.66 crore, shows mixed signals. While its 5-year return of 1109.67% is impressive, Q2 2024-25 saw a 5.3% drop in earnings year-on-year. Although revenue increased 15.5% quarter-on-quarter, a profit margin of 10.24% and a relatively low cash balance (₹866.11 crore) against debt (₹857.05 crore) raises concerns. Considering the recent 13.63% decline in the past three months, a long-term investment requires careful consideration. It's currently an average buy, warranting further analysis before a strong recommendation.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
