Company Profile

DEEPAK NITRITE LTD.

NSE : DEEPAKNTRBSE : 506401ISIN CODE : INE288B01029Industry : Chemicals House : Mehta CK
BSE1728.25-63.4 (-3.54 % )
PREV CLOSE (Rs.) 1791.65
OPEN PRICE (Rs.) 1809.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 208162
TODAY'S LOW / HIGH (Rs.)1712.50 1810.00
52 WK LOW / HIGH (Rs.)458 1989.2
NSE1728.10 -63.2 (-3.53 % )
PREV CLOSE(Rs.) 1791.30
OPEN PRICE (Rs.) 1806.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1728.10 (3511 )
VOLUME 1047386
TODAY'S LOW / HIGH(Rs.) 1712.00 1809.35
52 WK LOW / HIGH (Rs.)457.7 1988

Company News

Date Heading Details
05-May-2021 Outcome Of Board Meeting- Re-Appointment Of Shri Maulik D Mehta As Executive Director & Chief Executive Officer. <BR> Outcome of Board Meeting- Re-appointment of Shri Maulik D Mehta as Executive Director & Chief Executive Officer.
26-Apr-2021 Deepak Nitrite informs about newspaper publications <DIV align=justify><SPAN>Deepak Nitrite has informed that it submitted notices regarding Meeting of Board of Directors, published in Financial Express - Gujarati and The Indian Express - English, Ahmedabad editions on Saturday, 24th April, 2021. The said notices have also been uploaded on the website of the Company.</DIV><SPAN><DIV align=justify><BR></DIV><DIV align=justify><SPAN>The above information is a part of company's filings submitted to BSE.</DIV><DIV><BR></DIV>
23-Apr-2021 Board Meeting Intimation for Board Meeting For Consideration Of Audited Financial Results For The Quarter And Year Ended 31St March, 2021 DEEPAK NITRITE LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/05/2021 ,inter alia, to consider and approve (i) To consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2021. (ii) To recommend Dividend, if any, on Equity Shares of the Company.
23-Apr-2021 Board to consider FY21 results & Dividend on May 05, 2021 Deepak Nitrite Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 05, 2021, inter alia to transact following business: 1. To consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2021. 2. To recommend Dividend, if any, on Equity Shares of the Company.
23-Apr-2021 Deepak Nitrite informs about board meeting <P align=justify>Further to letter no. DNL/138/BSE/671/2021 dated 26th March,2021 and pursuant to the requirement of Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, Deepak Nitrite has informed that a meeting of the Board of Directors of the Company will be held on Wednesday, 5th May, 2021, to transact following business: To consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2021 and to recommend Dividend, if any, on Equity Shares of the Company.<P align=justify>The above information is a part of company's filings submitted to BSE.<BR>
25-Nov-2020 Deepak Nitrite wins Forbes Asia Best Under Billion Top 200 Award <p align="justify">Deepak Nitrite has received Forbes Asia Best Under Billion Top 200 Award. To celebrate the success of these 200 Best Under A Billion companies, Forbes Asia Best Under A Billion Virtual Forum and Awards Ceremony was held on November 23 from Singapore.<br></p><p align="justify">The annual Forbes Asia Best Under A Billion list spotlights top performing publicly listed companies in the Asia-Pacific region with sales under $1billion. From 18,000 small and mid-sized companies, 200 companies were selected based on a composite score that incorporated their overall track record in measures such as debt, sales and earnings growth over both the most recent fiscal one- and three-year periods, and the strongest one- and five-year average returns on equity. The criteria also ensured a geographic diversity of companies from across the region. By using metrics both quantitative and qualitative, the final list of 200 companies were shortlisted.</p><p align="justify">Deepak Nitrite, a flagship company of Deepak Group, is a leading manufacturer of organic, inorganic, fine and specialty chemicals. The company's product range includes a spectrum of chemicals which caters to a wide range of industries including Colourants, Agrochemicals, Pharmaceuticals, Rubber, Speciality &amp; Fine chemicals.<br></p>
25-Nov-2020 Deepak Nitrite gains on the bourses <p align="justify">Deepak Nitrite is currently trading at Rs. 809.80, up by 2.25 points or 0.28% from its previous closing of Rs. 807.55 on the BSE.<p align="justify">The scrip opened at Rs. 818.95 and has touched a high and low of Rs. 819.25 and Rs. 801.90 respectively. So far 14223 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 888.00 on 18-Sep-2020 and a 52 week low of Rs. 310.00 on 23-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 831.30 and Rs. 795.00 respectively. The current market cap of the company is Rs. 10979.64 crore.<p align="justify">The promoters holding in the company stood at 45.69%, while Institutions and Non-Institutions held 24.74% and 29.56% respectively.<p align="justify">Deepak Nitrite has received Forbes Asia Best Under Billion Top 200 Award. To celebrate the success of these 200 Best Under A Billion companies, Forbes Asia Best Under A Billion Virtual Forum and Awards Ceremony was held on November 23 from Singapore.<p align="justify">The annual Forbes Asia Best Under A Billion list spotlights top performing publicly listed companies in the Asia-Pacific region with sales under $1billion. From 18,000 small and mid-sized companies, 200 companies were selected based on a composite score that incorporated their overall track record in measures such as debt, sales and earnings growth over both the most recent fiscal one- and three-year periods, and the strongest one- and five-year average returns on equity. The criteria also ensured a geographic diversity of companies from across the region. By using metrics both quantitative and qualitative, the final list of 200 companies were shortlisted.<p align="justify">Deepak Nitrite, a flagship company of Deepak Group, is a leading manufacturer of organic, inorganic, fine and specialty chemicals. The company's product range includes a spectrum of chemicals which caters to a wide range of industries including Colourants, Agrochemicals, Pharmaceuticals, Rubber, Speciality &amp; Fine chemicals.</p>
13-Oct-2020 Deepak Nitrite incorporates WOS company <p align="justify">Deepak Nitrite has incorporated a wholly owned subsidiary (WOS) company named Deepak Clean Tech (DCTL) with effect from October 9, 2020. DCTL shall carry out business in the field of manufacture of chemical intermediate products.</p><p align="justify">Deepak Nitrite, a flagship company of Deepak Group, is a leading manufacturer of organic, inorganic, fine and specialty chemicals. The company's product range includes a spectrum of chemicals which caters to a wide range of industries including Colourants, Agrochemicals, Pharmaceuticals, Rubber, Speciality &amp; Fine chemicals.<br></p>
13-Oct-2020 Deepak Nitrite shines on incorporating WOS company <p align="justify">Deepak Nitrite is currently trading at Rs. 750.85, up by 16.45 points or 2.24% from its previous closing of Rs. 734.40 on the BSE.</p><p align="justify">The scrip opened at Rs. 739.95 and has touched a high and low of Rs. 757.00 and Rs. 737.90 respectively. So far 19983 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 888.00 on 18-Sep-2020 and a 52 week low of Rs. 295.95 on 15-Oct-2019.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 806.00 and Rs. 806.00 respectively. The current market cap of the company is Rs. 10016.70 crore.</p><p align="justify">The promoters holding in the company stood at 45.69%, while Institutions and Non-Institutions held 25.02% and 29.28% respectively.</p><p align="justify">Deepak Nitrite has incorporated a wholly owned subsidiary (WOS) company named Deepak Clean Tech (DCTL) with effect from October 9, 2020. DCTL shall carry out business in the field of manufacture of chemical intermediate products.</p><p align="justify">Deepak Nitrite, a flagship company of Deepak Group, is a leading manufacturer of organic, inorganic, fine and specialty chemicals. The company's product range includes a spectrum of chemicals which caters to a wide range of industries including Colourants, Agrochemicals, Pharmaceuticals, Rubber, Speciality &amp; Fine chemicals.<br></p>
13-Oct-2020 Infosys, BPCL and M&M to see some action today <p align="justify"><strong>Infosys</strong> has completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. This follows the announcement the company made on September 03, 2020. This acquisition demonstrates Infosys' commitment to innovate for its clients, and make meaningful impact on human lives through a combination of cutting-edge technologies.</p><p align="justify"><strong>Bharat Petroleum Corporation</strong> (BPCL), which controls 11-12 percent of the around Rs 35,000-crore engine oil market, has set a target of raising its market share to 13-14 percent by March, given the rising rural demand as the farm sector is set for yet another bumper harvest. The second-largest national oil marketer is also expecting to increase its rural volumes to 60 percent and above by the end of this fiscal, from 45-50 percent now. Tractor oils are the largest selling product for the divestment-bound company that sells its lubes under the umbrella brand of Mak.</p><p align="justify"><strong>Mahindra &amp; Mahindra</strong> (M&amp;M) has launched BS-VI compliant variants of its three-wheeler brand Alfa, priced up to Rs 2.67 lakh (ex-showroom Mumbai). The three-wheeler brand comes with four trims to cater to both passenger and cargo segments. The price of cargo variants starts from Rs 2.59 lakh while that of the passenger trims begin from Rs 2.67 lakh. There has been some delay in launching&nbsp; BS-VI range of three-wheelers, given the supply chain disruptions due to COVID-19.</p><p align="justify"><strong>Godrej Properties</strong> (GPL) has entered into an outright transaction to purchase a well located land parcel in Sarjapur, Bangalore. Spread across approximately 15 acres, this project will offer approximately 0.15 million square meters (1.6 million square feet) of potential saleable area comprising of residential apartments of various configurations. Sarjapur has established itself as one of the most preferred residential locations in Bangalore with good connectivity to Outer Ring Road and several other key hubs of Bangalore.</p><p align="justify"><strong>Deepak Nitrite</strong> has incorporated a wholly owned subsidiary (WOS) company named Deepak Clean Tech (DCTL) with effect from October 9, 2020. DCTL shall carry out business in the field of manufacture of chemical intermediate products.</p><p align="justify"><strong>Hero MotoCorp</strong> has introduced a new special edition of the popular Glamour motorcycle – the Glamour Blaze. In-line with the DNA of Glamour brand – the new motorcycle provides performance, comfort and style, now in a new Matt Vernier Grey Color. It also brings a new feature in the 125cc motorcycle category – a USB charger to the handlebar. Glamour Blaze will be available at Hero MotoCorp showrooms across the country at an attractive price of Rs 72,200.</p><p align="justify"><strong>Jubilant Life Sciences</strong> has raised Rs 90 crore through Commercial Papers (CPs) on October 12, 2020. Date of maturity of the said commercial papers is November 26, 2020. The aggregate amount of commercial papers (including this issue) outstanding as on date is Rs 220 crore. <br></p>