Deepak Nitrite Share Price Target 2024, 2025, 2027, 2030, 2040, and 2050

Deepak Nitrite Share Price Target: In this article, you will read about Deepak Nitrite Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, and 2030.

By the end of this article, you may get an idea about Deepak Nitrite, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.

Deepak Nitrite Overview:

Deepak Nitrite Limited is an Indian company and a chemical manufacturer. The company was founded in 1970. Deepak Nitrite Limited’s Market Capitalization is 244.59 billion INR. Its headquarters are located in Gujrat, India. The company revenue is 6,800 crores INR. Deepak Nitrite manufactures products like nitric, sulphuric, and aniline.

Company NameDeepak Nitrite Limited
Share NameDEEPAKNTR
Founded in1970
HeadquartersGujrat
CEODeepak Mehta
Revenue 6,800 crores INR
Market Capitalization244.59 billion INR
Primary ExchangeNSE, BSE
Official WebsiteClick Here

Shareholders of Deepak Nitrite:

These are the shareholders of Deepak Nitrite:

  • Promoter and Promoter Group shareholding: 63.06%
  • Institutional Investors: 23.04%
  • Non-Institutional Investors: 6.63%
  • Others: 7.27%

Fundamentals of Deepak Nitrite:

The Enterprise value is ₹295,843,561,472.00. From the table below, you can get to know about the Price of the earnings Ratio (P/E), Price to sale (P/S), Price to book (P/B), and many more like Dividend yield.

Enterprise value₹295,843,561,472.00
P/E ratio37.60
Price / Book6.90
Price / Sales3.99
Book value₹318.42
Forward annual dividend yield0.34%
Total cash5.39B
Total debt669.00M
Total revenue74.99B
Free cashflow2.72B
EBITDA11.91B
EBITDA margin15.88%
% Held by insiders49.59%
% Held by Institutions25.10%
Earnings per share₹58.41
Earnings growth17.60%
Gross profit20.16B
Gross margin25.70%
Quarterly revenue growth-9.40%
Quarterly earnings growth17.50%
Return on equity19.96%
3 year avg return
5 year avg return
Operating cashflow8.83B
Payout ratio12.82%

Deepak Nitrite Share Price NSE/BSE:

Deepak Nitrite shares are listed on the Bombay Stock Exchange and the National Stock Exchange in India. The shares of Deepak Nitrate were listed on the Bombay Stock Exchange (BSE) in 1995 and National Stock Exchange (NSE) in 2010.

Deepak Nitrite Limited shares on NSE are currently trading at around INR 2,200.00  each as of November 30, 2023. Deepak Nitrite’s shares on BSE are currently trading at 2,196.40.

Deepak Nitrite Share Price History:

The below table shows how the Deepak Nitrite Share Price made profits and losses from 1990 to 2023:

YearDeepak Nitrite↑High – ↓Low
1990₹7.99↑ ₹12.61↓ ₹6.73
1991₹10.93↑ ₹11.56↓ ₹6.81
1992₹8.20↑ ₹21.02↓ ₹7.99
1993₹4.62↑ ₹8.41↓ ₹3.57
1994₹7.36↑ ₹10.51↓ ₹3.05
1995₹3.28↑ ₹7.36↓ ₹3.19
1996₹1.77↑ ₹3.61↓ ₹1.35
1997₹1.18↑ ₹2.25↓ ₹0.92
1998₹3.35↑ ₹4.04↓ ₹1.17
1999₹5.21↑ ₹7.67↓ ₹3.32
2000₹2.77↑ ₹5.38↓ ₹2.44
2001₹2.40↑ ₹2.90↓ ₹1.70
2002₹3.36↑ ₹4.54↓ ₹2.02
2003₹6.34↑ ₹7.31↓ ₹3.16
2004₹7.28↑ ₹8.61↓ ₹4.16
2005₹22.59↑ ₹25.30↓ ₹6.30
2006₹13.62↑ ₹26.50↓ ₹13.00
2007₹14.82↑ ₹16.75↓ ₹8.61
2008₹9.37↑ ₹20.76↓ ₹8.21
2009₹13.52↑ ₹16.00↓ ₹7.30
2010₹19.56↑ ₹21.93↓ ₹12.11
2011₹15.25↑ ₹23.00↓ ₹13.61
2012₹26.50↑ ₹32.48↓ ₹13.90
2013₹30.11↑ ₹30.38↓ ₹21.09
2014₹81.71↑ ₹105↓ ₹28.99
2015₹73.21↑ ₹86.86↓ ₹54.47
2016₹91.75↑ ₹134↓ ₹56.07
2017₹231.78↑ ₹243↓ ₹89.95
2018₹220.79↑ ₹304↓ ₹204
2019₹372.71↑ ₹386↓ ₹205
2020₹941.92↑ ₹954↓ ₹309
2021₹2489.50↑ ₹3020↓ ₹927
2022₹1985.65↑ ₹2690↓ ₹1682
2023₹2196.10↑ ₹2355↓ ₹1730

Deepak Nitrite Expected Share Price Target:

YEARSMinimum TARGETMaximum TARGET
2023₹2200₹2500
2024₹2600₹2900
2025₹3200₹3500
2026₹3800₹4100
2027₹4500₹4800
2030₹6000₹6500
2040₹10,000₹10,500
2050₹15000₹15,500

Also Consider Reading:

Deepak Nitrite Share Price Target 2023:

The expected range of the Deepak Nitrite Share Price Target for December 2023 is the minimum price of ₹ 2200 and the maximum price of ₹ 2400. Deepak Nitrite Share Price Target For 2023 As Follows:

YearTarget 1Target 2
202322002400

Deepak Nitrite Share Price Target 2024:

Based on the analysis we will get to know the Deepak Nitrite share price target by 2024, the minimum price range of 2500, and the maximum share price of 2800.  This range of amounts is based on the strategies of the company.

Deepak Nitrite Share Price Target For 2024 As Follows:

YearTarget 1Target 2
202425002800

Deepak Nitrite Share Price Target 2025:

The expected minimum range of Deepak Nitrite share price target in 2025 is 2900, and the maximum share price target is 3400. Deepak Nitrite may give good results in the future.

Deepak Nitrite Share Price Target 2025 As Follows:

YearTarget 1Target 2
202529003400

Deepak Nitrite Share Price Target 2027:

By the year 2027, the expected minimum range of Deepak Nitrite share price is 4400, and the maximum price range is 4700.

Deepak Nitrite Share Price Target For 2027 As Follows:

YearTarget 1Target 2
202744004700

Deepak Nitrite Share Price Target 2030:

Looking ahead to 2030 the expected minimum price range for Deepak Nitrite shares is 5900, and the maximum price range is 6400.

Deepak Nitrite Share Price Target For 2030 As Follows:

YearTarget 1Target 2
203059006400

Deepak Nitrite Share Price Target 2040:

By the year 2040, the expected minimum range of Deepak Nitrite share price is 10000 and the maximum price range is 10500.

Deepak Nitrite Share Price Target For 2040 As Follows:

YearTarget 1Target 2
204010,00010,500

Deepak Nitrite Share Price Target 2050:

By the year 2050, the expected minimum range of Deepak Nitrite share price is 15000 and the maximum price range is 15500.

Deepak Nitrite Share Price Target For 2050 As Follows:

YearTarget 1Target 2
205015,00015,500

Conclusion:

I hope you got clarity on the Deepak Nitrite Share Price Target from 2023 to 2050. This is just the prediction, You need to analyze the graph to get an idea.

Disclaimer:

Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Deepak Nitrite is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.

FAQ

1. What is the Deepak Nitrite Share Price Target for 2023?

A: The expected price target for Deepak Nitrite in 2023 is 2300 per share.

2. What is the Deepak Nitrite Share Price Target for 2025?

A: The expected price target for Deepak Nitrite in 2025 is 3200 to 3500 per share.

3. What is the Deepak Nitrite Share Price Target for 2030?

A: The expected price target for Deepak Nitrite in 2030 is 6000 to 6500 per share.

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