Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Motilal Oswal recommended Neutral rating on Deepak Nitrite with a target price of Rs 2320 in its research report date May 05, 2022.

Neutral Deepak Nitrite; target of Rs 2320-: Motilal Oswal

Here’s what brokerages have to say about Deepak Nitrite’s Q4 results and growth prospects.

Deepak Nitrite Drops 10% In Two Days After Q4 On Rising Costs, Supply-Chain Woes

Deepak Nitrite Q4 Review - The Darker Side Of Supply Chain Disruption: Dolat Capital

JM Financial says Deepak Nitrite is its top bet in the chemicals sector as despite its inherent cost advantages for its upcoming phenol derivative products and strong entry barriers, it is currently trading at a significant discount to its peers.

After delivering many multibagger stocks, will this sector continue to impress?

Stocks in news: Wipro, Deepak Nitrite, Sun Pharma, Zomato, REC, NHPC and more

Stocks in news: Wipro, Sun Pharma, Zomato, NHPC and more

Wipro will be in focus as the company’s board will meet on March 25 to consider an interim dividend.

Stocks to Watch: Wipro, L&T, Sun Pharma, Zomato, Deepak Nitrite, PNB, NHPC

The credit rating agency has also reaffirmed the long-term rating at ‘AA’ and Short Term rating at ‘A1+’ of the company.

ICRA upgrades credit rating of Deepak Nitrite subsidiary - Deepak Phenolics

Results Review for United Spirits, Colgate Palmolive, Deepak Nitrite, Nippon Life

Indiamart Intermesh Ltd, APL Apollo Tubes Ltd, Deepak Nitrite Ltd and Route Mobile Ltd are among the other losers in the BSE’s ‘A’ group today, 25 January 2022.

Lux Industries Ltd leads losers in ‘A’ group

In Q3FY22, its PAT was up 12 per cent at Rs 242 crore, on stable operational performance, partly bolstered by sharp reduction in finance costs owing to repayment of high-cost debt.

Deepak Nitrite dips 9% on margins disappointment in December quarter

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).

Deepak Nitrite Ltd

Deepak Nitrite Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Neutral Deepak Nitrite; target of Rs 2320-: Motilal Oswal

Deepak Nitrite Drops 10% In Two Days After Q4 On Rising Costs, Supply-Chain Woes

Deepak Nitrite Q4 Review - The Darker Side Of Supply Chain Disruption: Dolat Capital

After delivering many multibagger stocks, will this sector continue to impress?

Stocks in news: Wipro, Sun Pharma, Zomato, NHPC and more

Stocks to Watch: Wipro, L&T, Sun Pharma, Zomato, Deepak Nitrite, PNB, NHPC

ICRA upgrades credit rating of Deepak Nitrite subsidiary - Deepak Phenolics

Deepak Nitrite Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Neutral Deepak Nitrite; target of Rs 2320-: Motilal Oswal

Deepak Nitrite Drops 10% In Two Days After Q4 On Rising Costs, Supply-Chain Woes

Deepak Nitrite Q4 Review - The Darker Side Of Supply Chain Disruption: Dolat Capital

After delivering many multibagger stocks, will this sector continue to impress?

Stocks in news: Wipro, Sun Pharma, Zomato, NHPC and more

Stocks to Watch: Wipro, L&T, Sun Pharma, Zomato, Deepak Nitrite, PNB, NHPC

ICRA upgrades credit rating of Deepak Nitrite subsidiary - Deepak Phenolics

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock