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 Name | Deepak Nitrite Limited |
| Share Name | DEEPAKNTR |
| Founded in | 1970 |
| Headquarters | Gujrat |
| CEO | Deepak Mehta |
| Revenue | 6,800 crores INR |
| Market Capitalization | 244.59 billion INR |
| Primary Exchange | NSE, BSE |
| Official Website | Click 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 ratio | 37.60 |
| Price / Book | 6.90 |
| Price / Sales | 3.99 |
| Book value | ₹318.42 |
| Forward annual dividend yield | 0.34% |
| Total cash | 5.39B |
| Total debt | 669.00M |
| Total revenue | 74.99B |
| Free cashflow | 2.72B |
| EBITDA | 11.91B |
| EBITDA margin | 15.88% |
| % Held by insiders | 49.59% |
| % Held by Institutions | 25.10% |
| Earnings per share | ₹58.41 |
| Earnings growth | 17.60% |
| Gross profit | 20.16B |
| Gross margin | 25.70% |
| Quarterly revenue growth | -9.40% |
| Quarterly earnings growth | 17.50% |
| Return on equity | 19.96% |
| 3 year avg return | – |
| 5 year avg return | – |
| Operating cashflow | 8.83B |
| Payout ratio | 12.82% |
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:
| Year | Deepak 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:
| YEARS | Minimum TARGET | Maximum 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:
- Refex Industries Share Price Target.
- RattanIndia Enterprises Share Price Target
- JIO Financial Services Share Price Target.
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:
| Year | Target 1 | Target 2 |
| 2023 | 2200 | 2400 |
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:
| Year | Target 1 | Target 2 |
| 2024 | 2500 | 2800 |
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:
| Year | Target 1 | Target 2 |
| 2025 | 2900 | 3400 |
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:
| Year | Target 1 | Target 2 |
| 2027 | 4400 | 4700 |
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:
| Year | Target 1 | Target 2 |
| 2030 | 5900 | 6400 |
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:
| Year | Target 1 | Target 2 |
| 2040 | 10,000 | 10,500 |
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:
| Year | Target 1 | Target 2 |
| 2050 | 15,000 | 15,500 |
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.
