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Deepak Nitrite Ltd.
Share Price Target & Analysis

NSE:DEEPAKNTR

2662.18

VWAP

2611.8

Open

2619.2

Close

2691.25

High

2605.65

Low

3169

52 Week High

2670.85 ⇧
51.65 (1.97%)

DEEPAKNTR

(CHEMICALS)
56.4% Momentum

Turnaround Potential

2021

52 Week Low

29

EPS

49.42

PE

12.33

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 2670.85, this results in a dividend yield of 0.28 %.

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 29. NSE:DEEPAKNTR book value per share as of today is 216.62. The current price to book ratio for DEEPAKNTR as of Nov 23, 2024 is 12.33.

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 19.17% is very crucial parameter which shows that 19.17% investors are anticipating that the price of DEEPAKNTR share should go up with VWAP at 2662.18.

Now, the main question is whether to BUY or SELL, NSE:DEEPAKNTR at current valuation.
As per latest Analysis No. #958:-

⇑ 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 (Nov 23, 2024)

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

Deepak Nitrite Ltd. share price moved Up by 1.97% from its previous close of Rs 2619.2. DEEPAKNTR stock last traded price is 2670.85. DEEPAKNTR share price trend is Up with a total of 336715 stocks traded till now. It has touched an intraday high of Rs 2691.25 and an intraday low of Rs 2605.65. The DEEPAKNTR trading at 2670.85, Up by Rs. 51.65, or 1.97 percent which suggests that most of the Traders are anticipating that the price of DEEPAKNTR share should go Up.

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 Up by 1.97%. DEEPAKNTR share price short term trend is Up. It suggests that DEEPAKNTR Share Price for Tomorrow remains the same with VWAP at 2662.18 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

 2670.85

DEEPAKNTR Share Price Target Prediction for 2024 ^

 2494.1 - 3184.7

DEEPAKNTR Share Price Target Prediction for 2025*^

 3184.7 - 3392.7

DEEPAKNTR Share Price Target Prediction for 2026*^

 3392.7 - 3630.2

DEEPAKNTR Share Price Target Prediction for 2027*^

 3812

DEEPAKNTR Share Price Target Prediction for 2028*^

 3921

DEEPAKNTR Share Price Target Prediction for 2030*^

 4274
DEEPAKNTR Current Book Value 2023
215.5

*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: @2638.5

DEEPAKNTR Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 2601.05 BUY 2613.55 BUY
MA_12 2670.14 SELL 2663.13 SELL
MA_20 2689.72 SELL 2693.21 SELL
MA_32 2760.5 SELL 2736.13 SELL
MA_50 2804.61 SELL 2760.32 SELL
MA_100 2854.37 SELL 2750.26 SELL
MA_200 2562.96 BUY 2611.38 BUY

DEEPAKNTR Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 2689.72 Downtrend
MACD -9.43 SELL
ADX 22.69 NO or Weak Trend
DMI (+/-) 22.09 / 31.98 Downtrend

DEEPAKNTR Momentum Oscillators

BUY (1) NEUTRAL (8) SELL (3)
Momentum Oscillators Value Action
RSI 45.1 Neutral
STOCHASTIC_K (Fast) 34.42 Neutral
STOCHASTIC_D (Slow) 14.61 Oversold
CCI -89.29 Neutral
PSAR 2842.22 SELL
TRUE RANGE 214 Neutral
ATR 101.56 Neutral
WILLIAMS R -57.07 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 33.33 Neutral
MOMENTUM -361 SELL

DEEPAKNTR Last 1 Year Trend

Duration Value
1 Year 24.69%
3 Months -7.35%
1 Month -12.04%
1 Week -6.3%

DEEPAKNTR Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 30%
SELL 53%

Most popular Questions & Answers about DEEPAKNTR


Deepak Nitrite Ltd. stock last traded price is 2670.85. DEEPAKNTR share price moved Up by 1.97% from its previous close of Rs 2619.2.

Deepak Nitrite Ltd. share price trend is Up with a total of 336715 stocks traded till now. It has touched an intraday high of Rs 3200.69 and an intraday low of Rs 2605.65. The DEEPAKNTR trading at 2670.85, Up by Rs. 51.65, or 1.97 percent which suggests that most of the Traders are anticipating that the price of DEEPAKNTR share should go Up and the Stop Loss will be around 2662.18.

The market cap of Deepak Nitrite Ltd. is ₹29002.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Deepak Nitrite Ltd. as of Nov 22, 2024 is 49.42.

The current price to book ratio for Deepak Nitrite Ltd. as of Nov 22, 2024 is 12.33.

The highest price of Deepak Nitrite Ltd. stock is ₹3169 in the last 52-week.

The lowest price of Deepak Nitrite Ltd. stock is ₹2021 in the last 52-week.

Deepak Nitrite Ltd. share trading at ₹2670.85, Up by Rs. 51.65, or 1.97 percent which suggests that most of the traders are anticipating that the price of DEEPAKNTR share should go Up.

In 2023, Stock price target for Deepak Nitrite Ltd. (DEEPAKNTR) are ₹2494.1 on downside and ₹3184.7 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 ₹3184.7 on downside and ₹3392.7 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 ₹3392.7 on downside and ₹3630.2 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 ₹3921 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.

The price of Deepak Nitrite Ltd. (DEEPAKNTR) shares moved by 1.97%. The short-term trend for DEEPAKNTR share price is Up. It implies that the share price of DEEPAKNTR will stay the same tomorrow and that intraday traders should treat VWAP at 2662.18 as a stop loss. Investors with a long-term outlook can track DEEPAKNTR long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of DEEPAKNTR stock is 347.7. Compared to the current market price of 2670.85 INR, the DEEPAKNTR stock is Overvalued by 87%.

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 29. Deepak Nitrite Ltd. book value per share as of today is 216.62. The current price to book ratio for DEEPAKNTR as of Nov 23, 2024 is 12.33.


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 2967.45 38.75 163.92
MANORG 473.60 7.3 329.53
GANESHBE 130.31 8.67 69.38
UPL 565.50 3.25 100.32
INDOBORAX 186.34 13.17 91.18
AARTIIND 430.85 12.38 145.99
DEEPAKNTR 2670.85 29 216.62
ATUL 7261.60 143.53 1728.63
FLUOROCHEM 3810.05 36.12 539.16
TATACHEM 1069.90 27.56 735.01
Updated at: 22 Nov 2024 15:31

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