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Deepak Nitrite Share Price Target 2024, 2025, 2026 to 2039 With Charts

Deepak Nitrite Limited

Company LogoSymbol: DEEPAKNTR
Price: ₹2,619.19
Exchange: NSE
Basic Materials -> Chemicals
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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

MetricValueDescription
Market Capital38,403.42 CroreMarket valuation of Deepak Nitrite's shares.
Revenue (TTM)8,080.32 CroreTotal revenue generated by Deepak Nitrite over the past twelve months.
Net Income (TTM)+863.54 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin12.07%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin10.68%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+22.5%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+35.09%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
5.93Company's total debt divided by total shareholder equity.
Total Debt286.08 CroreSum of Deepak Nitrite's current & long-term financial obligations.
Total Cash582.75 CroreTotal amount of liquid funds available to Deepak Nitrite.
Beta0.53Beta is less than 1 indicating that the Deepak Nitrite's price is less volatile than the market.

Is Deepak Nitrite A Good Buy For Long Term?

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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

Deepak Nitrite Targets For 2024 Chart

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

Deepak Nitrite's LevelsValueReason/Importance
2024 Target 32690.05 (+2.7%)Price Action: Jan 2022 High
2024 Target 22658.94 (+1.51%)Price Action: 04 Nov 2024 High
2024 Target 12632.11 (+0.49%)Custom Fibonacci Extension Lvl 23.6%
Current Price2619.19Deepak Nitrite's 1 share price as of Thu 21 Nov 2024
Stop Loss 12611.10 (-0.31%)Price Action: Oct 2024 Low
Stop Loss 22580.34 (-1.49%)Fibonacci Retracement Extended 40%
Stop Loss 32551.27 (-2.6%)Fibonacci Retracement Extended 82.6%

Summary: Deepak Nitrite Share Price Prediction For 2024

In summary, Deepak Nitrite has surged by ₹137.99, achieving a notable +5.56% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Deepak Nitrite for 2024 predicts an additional rise of 0.49% to 2.7% by the end of 2024 with three potential targets T1: 2632.11, T2: 2658.94, T3: 2690.05. Stop Loss at SL1: 2611.10, SL2: 2580.34, SL3: 2551.27.

Deepak Nitrite has a 52-week high of ₹3169.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2021.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Deepak Nitrite.

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Deepak Nitrite Share Price Target For 2025

Deepak Nitrite Targets For 2025 Chart

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

Deepak Nitrite's LevelsValueReason/Importance
2025 Target 33467.81 (+32.4%)Price Action: Chart
2025 Target 23403.15 (+29.93%)Price Action: Chart
2025 Target 13369.46 (+28.64%)Custom Fibonacci Extension Lvl 64.9%
Current Price2619.19Deepak Nitrite's 1 share price as of Thu 21 Nov 2024
Stop Loss 12422.35 (-7.52%)Price Action: Apr 2024 Low
Stop Loss 22389.95 (-8.76%)Price Action: Apr 2022 High
Stop Loss 32355.55 (-10.07%)Price Action: Nov 2022 High

Summary: Deepak Nitrite Share Price Prediction For 2025

In summary, Deepak Nitrite has surged by ₹137.99, achieving a notable +5.56% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Deepak Nitrite for 2025 predicts an additional rise of 28.64% to 32.4% by the end of 2025 with three potential targets T1: 3369.46, T2: 3403.15, T3: 3467.81. Stop Loss at SL1: 2422.35, SL2: 2389.95, SL3: 2355.55.

Deepak Nitrite has a All-Time high of ₹3169.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2021.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Deepak Nitrite, we have created a specific page for that check here: Deepak Nitrite Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Deepak Nitrite Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Deepak Nitrite Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Deepak Nitrite share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 10.41% over the next 15 years.

For complete year by year Deepak Nitrite long term share price target from 2024, 2025 to 2039 check the below table.

Deepak Nitrite Share Price Target Table From 2024, 2025, 2026 to 2039

YearDeepak Nitrite TargetYoY Change %
2024₹2,619.19[Current Price]
2024₹2,93111.9%
2025₹3,429.1516.99%
2026₹4,113.7419.96%
2027₹4,911.9319.4%
2028₹5,429.2710.53%
2029₹5,832.667.42%
2030₹6,262.97.37%
2031₹7,031.0612.26%
2032₹7,962.6313.24%
2033₹8,428.695.85%
2034₹8,734.323.62%
2035₹9,096.654.14%
2036₹9,948.379.36%
2037₹11,013.3210.7%
2038₹11,428.13.76%
2039₹11,719.562.55%

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Deepak Nitrite Past Performance

DEEPAKNTR main
Deepak Nitrite has been listed on NSE for more than 34 years.
  • In 1990, Deepak Nitrite opening price was ₹7.31
  • As of Thu 21 Nov 2024 the price stands at ₹2,619.19.
  • This represents a Compound Annual Growth Rate (CAGR) of 18.3%.
  • In 34 years, an investment of 10,000 would have become ₹35.83 Lakh.

As we wrap up, we hope you like our study on Deepak Nitrite share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

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

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

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