Deepak Nitrite Share Price Target 2023, 2024, 2025 and 2030

Deepak Nitrite Share Price : Hello friends, welcome back to our new and fresh article where today we will be discussing Deepak Nitrite’s target share price for 2023, 2024, 2025, and 2030. We will also be discussing how much growth the company is expected to have in the future.

Deepak nitrite share price target
Deepak Nitrite Share Price Target 2023

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Deepak Nitrite was established in 1977. Its founder is Chimanlal Khimchand Mehta. The company’s headquarters is located in Bardoli, Gujarat. Deepak Chimanlal Mehta is the Chairman of the company and Maulik Deepak Mehta is the CEO. The company operates in the chemical sector. It was listed on the market with its IPO in 2010.

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Lets know About Deepak Nitrite

Deepak Nitrite is a chemical company that was established in 1977 in India. It operates in the chemical sector and has its headquarters in Bardoli, Gujarat. Deepak Chimanlal Mehta is the Chairman of the company and Maulik Deepak Mehta is the CEO. It was listed on the market with its IPO in 2010.

CompanyEstablishedFounderHeadquartersChairmanCEOSectorIPO
Deepak Nitrite1977Chimanlal MehtaBardoli, GujaratDeepak Chimanlal MehtaMaulik Deepak MehtaChemical2010

Founded: 1970

Headquarters: India

Number of employees: 1,601 (2022)

Revenue: 4,229 crores INR (US$560 million, 2020)

Subsidiaries: Deepak Phenolics LtdDeepak Nitrite Corporation IncNova Synthetic Ltd

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Deepak Nitrite Share Price Target 2023

  • Deepak Nitrite Ltd. is working at a rapid pace in the chemical sector. It is involved in the production of agrochemicals, fine chemicals, and some other chemicals.
  • Talking about the Deepak Nitrite Share Price Target for 2023, the first target price for this company’s shares for 2023 can be seen up to INR 2800 and the second target price can be seen up to INR 3000.

Deepak Nitrite Share Price Target 2024

  • It should be noted that the company has been able to maintain a good ROE and ROCE in the past 3 years. In the past 3 years, the company has achieved a ROE of 29.22% and a ROCE of 35.29%.
  • Talking about the Deepak Nitrite Share Price Target for 2025, the first target price for this company’s shares for 2025 can be seen up to INR 3550 and the second target price can be seen up to INR 3800.

Deepak Nitrite Share Price Target 2025

  • It can be seen that the company has experienced good growth in its profit. The company has seen a growth of 52.15% in its profit.
  • Talking about the Deepak Nitrite Share Price Target for 2025, the first target price for this company’s shares for 2025 can be seen up to INR 4100 and the second target price can be seen up to INR 4380.

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Deepak Nitrite Share Price Target 2030

  • It should be noted that promoters hold 45.72% in this company and FII holds a good 7.09% in this company. The company has a debt of INR 13.99 crore.
  • Talking about the Deepak Nitrite Share Price Target for 2030, the first target price for this company’s shares for 2030 can be seen up to INR 8750 and the second target price can be seen up to INR 9125.

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Conclusion

  • If we talk about Deepak Nitrite, this company can make a lot of money in the future with good growth in its industry. However, there are also risks involved. If you are planning to invest in this company, we advise you to research thoroughly before making any investment.
  • It is always important to carefully evaluate the potential risks and rewards of any investment before making a decision.

Deepak Nitrite Share Price Target 2023, 2024, 2025 और 2030

Year Share Price Target

YearDeepak Nitrite Share Price Target
First Target Price 2023Rs 2800
Second Target Price 2023Rs 3000
First Target Price 2024Rs 3550
Second Target Price 2024Rs 3800
First Target Price 2025Rs 4100
Second Target Price 2025Rs 4380
First Target Price 2030Rs 8750
Second Target Price 20230Rs 9125

Disclaimer

our website vision is to increase financial literacy in India. The content we post is for educational and entertainment purposes only. We are not registered financial advisers. Therefore, we do not provide any investment or financial advisory services. You will be fully responsible for your money and decisions. Please seek advice from a registered financial advisor before making any financial investments.

Frequently Asked Question

Here are some questions and answers related to Deepak Nitrite shares:

Q1: What is the current share price of Deepak Nitrite?

Ans: Deepak Nitrite share price on January 3, 2023 is Rs.2004

Q2: Is Deepak Nitrite a good investment?

Ans:Yes, But It is difficult to say whether Deepak Nitrite is a good investment without more information. Some factors to consider when determining if a company is a good investment include the company’s financial health, market trends, and industry outlook. It is always a good idea to thoroughly research a company before investing.

Q3: What is the dividend yield for Deepak Nitrite shares?

Ans: Last dividend is 7 rupees.

Q4: What sector does Deepak Nitrite operate in?

A: Deepak Nitrite is a company that operates in the chemical sector. It produces agrochemicals, fine chemicals, and other chemicals.

Q5: Does Deepak Nitrite have a good track record of financial performance?

Ans: Without access to more recent financial information, it is difficult to say whether Deepak Nitrite has a good track record of financial performance. It is always a good idea to review a company’s financial statements and other financial information before making an investment decision.

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