On Monday, Deepak Nitrite shares closed 4.54% lower at Rs 2954.70 against Rs 3095.35 on BSE. Market cap of the firm slipped to Rs 40,300 crore.

Deepak Nitrite shares in focus on 35% rise in Q1 profit

Stock in News | Today's Focus Stocks: Bharti Airtel, ONGC, Deepak Nitrite & Tata Chemicals!

Upcoming results: Oil and Natural Gas Corporation(ONGC), Bharti Airtel, Marico, BEML, Bharti Hexacom, Avanti Feeds, BLS International, Motherson Sumi Wiring India, Brigade Enterprises, Century Plyboards, Deepak Nitrite, Devani International, Gujarat State Fertilizers and Chemicals (GSFC), H.G. Infra Engineering, Honeywell Automation, Orient Cement, Sandhur Maganese and Iron Ores, Schneider Electric Infrastructure, Syrma SGS Technology, Tata Chemicals, Triveni Turbine, V-Mart Retail, VRL Logistics.

Stock Alert: Britannia Inds, Titan Company, Divis Lab, State Bank of India, Delhivery, Sheela Foam

Info Edge declared a Rs 12/share dividend for eligible shareholders in May, to be credited by September 5. In the past year, total dividends amount to Rs 19, including Rs 9 in July and Rs 10 in November 2023.

Last date to buy today! Naukri, Deepak Nitrite among 11 stocks to trade ex-dividend on Monday

Short covering refers to the buying of shares to close an existing short position, signaling a shift from extreme bearishness to bullishness. In Wednesday’s trading session, four stocks saw short covering. Here’s the list: ​What is short-covering?

Tata Chemicals, Deepak Nitrite among 4 stocks with short covering - ​What is short-covering?

Indian benchmark equity indices dropped on Monday, weighed down by Reliance Industries and Wipro after both companies posted weaker-than-expected quarterly results, while volatility spiked a day ahead of the union budget. However, in today’s trading session, five large and midcap stocks from the Nifty200 index hit a new 52-week high. Here’s the list: On A High

Deepak Nitrite, Godrej Consumer Products among 5 large and midcap stocks that hit new 52-week highs on Monday - On A High

Government initiatives like ‘Aatmanirbhar Bharat’ and ‘Make in India’ aim to reduce import dependence and bolster domestic manufacturing, further strengthening the sector’s growth trajectory

Deepak Nitrite inches towards record high; zooms 42% from June low

Vishal Malkan, malkansview.com discusses Nifty and Bank Nifty, noting strong resistance levels and sector-specific opportunities. He highlights Nifty Realty's potential due to ongoing consolidation and positive patterns. Malkan prefers private banks, especially ICICI Bank, and recommends Canfin Home and Deepak Nitrite as top picks. He also expects further upside in oil marketing companies, particularly ONGC.

#etnow #unionbudget2024 #budget2024 #budgetstocks #businessnews #livebusinessnews #sharemarket #stockmarket #englishnews #trending #topnews
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

How to Trade in a Consolidating Market Ahead of the Budget 2024? | Market Expert Explains | ET Now

Deepak Nitrite: Breakout from 'Cup & Handle' Pattern.
HDFC Bank: Breakout Form 5-Session Consolidation.
Torrent Pharma: Breakout From 'Downward Sloping' Channel.
L&T: Breakout From 'Downward Sloping Resistance'

#hdfcbankstock #l&tstock #deepaknitratestock #torrentpharmastock #breakoutstock #etnow #unionbudget2024 #budget2024 #topnews #stockmarket #businessnews 

Subscribe To ET Now For Latest Updates On Stocks, share market, business News, Trading, Crypto Updates | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

HDFC Bank Stock, L&T: Price Volume Buzzers | Breakout Stocks In Focus | Top Stocks | ET Now

Major chemical producers such as Deepak Nitrite, Aarti Industries, and Atul have been impacted, analysts say.

Chemical price fluctuations force strategic shifts, say analysts

Deepak Nitrite’s subsidiary to acquire Narmada Thermal Power for Rs 61.65 crore.

Deepak Nitrite’s Arm To Acquire Narmada Thermal Power For Rs 61.65 Crore

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Deepak Nitrite Limited is a chemical manufacturing company. The Company's segments include Bulk Chemicals and Commodities (BCC), Fine and Speciality Chemicals (FSC), and Fluorescent Whitening Agent (FWA).