Deepak Nitrite Share Price Target 2025, 2030, 2040, 2050
It is one of the Indian chemical factories which makes a variety of chemicals used in different products. It is an Indian company.
It supplies its products to different companies as chemicals are used in different products.
What is Deepak Nitrite Ltd. NSE: DEEPAKNTR?
Deepak Nitrite Limited is an Indian company that makes and sells chemicals. It produces chemicals such as fuel additives, sodium nitrate, and optical brightening agents, while the Phenolics segment makes acetone, cumene, phenol, and isopropyl alcohol.
Their products are used in many industries, that as rubber, pigments, food colours, medicines, farming chemicals, personal care, paper, detergents, textiles etc.
Deepak Nitrite Share Price Target 2025
Deepak Nitrite is the world’s largest producer of sodium nitrite and one of the leading producers of cumene and nitrotoluenes. The company’s strong market position and good reputation come from its high-quality products, long-lasting customer relationships, and efficient supply chain. The company’s stock price has increased frequently. This growth is mainly due to the company’s strong financial health and smart expansion plans. In 2025, its share price target would be ₹2857, as per our prediction.
Its share price would be between ₹1600 to ₹2857 in 2025, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 1600 | 2857 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2177 | 2527 |
| February | 1809 | 2400 |
| March | 1790 | 2113 |
| April | 1721 | 2258 |
| May | 1600 | 2287 |
| June | 1840 | 2468 |
| July | 1957 | 2567 |
| August | 2258 | 2590 |
| September | 2287 | 2630 |
| October | 2325 | 2687 |
| November | 2368 | 2721 |
| December | 2587 | 2857 |
Deepak Nitrite Share Price Target 2026
After the COVID pandemic, the market is again recovering after the drastic downfall. The company has grown again due to its strong base of the company. The stock price increased five times in 18 months. As profits grew, Deepak Nitrite’s market value also increased the market capital after the pandemic. In 2026, its share price target would be ₹3766, as per our prediction.
Its share price would be between ₹2587 to ₹3766 in 2026, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 2587 | 3766 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2587 | 2932 |
| February | 2678 | 3041 |
| March | 2725 | 3065 |
| April | 2758 | 3154 |
| May | 2898 | 3200 |
| June | 2978 | 3241 |
| July | 3125 | 3345 |
| August | 3258 | 3458 |
| September | 3341 | 3541 |
| October | 3287 | 3581 |
| November | 3325 | 3610 |
| December | 3567 | 3766 |
Share Price Target 2027
In 2027, its share price target would be ₹4663, as per our prediction.
Its share price would be between ₹3636 to ₹4663 in 2027, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 3636 | 4663 |
Share Price Target 2028
In 2028, its share price target would be ₹5542, as per our prediction.
Its share price would be between ₹4533 to ₹5542 in 2028, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 4533 | 5542 |
Share Price Target 2029
In 2029, its share price target would be ₹6300, as per our prediction.
Its share price would be between ₹5411 to ₹6300 in 2029, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 5411 | 6300 |
Deepak Nitrite Share Price Target 2030
In the construction department, electronic sectors, and household things, the demand for chemicals will increase in the coming years. In the coming year, the company will be a huge supplier of chemicals. With its wide range of products, strong financial results, increased production capacity, focus on research and development, and positive industry trends, Deepak Nitrite is all set for future success. In 2030, its share price target would be ₹7100, as per our prediction.
Its share price would be between ₹6258 to ₹7100 in 2030, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 6258 | 7100 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 6258 | 6374 |
| February | 6287 | 6465 |
| March | 6321 | 6544 |
| April | 6358 | 6620 |
| May | 6374 | 6656 |
| June | 6400 | 6680 |
| July | 6474 | 6741 |
| August | 6520 | 6771 |
| September | 6580 | 6820 |
| October | 6658 | 6910 |
| November | 6789 | 6980 |
| December | 6841 | 7100 |
Deepak Nitrite Share Price Target 2040
It is a chemical manufacturing company that makes essential ingredients used in products ranging from paints to pharmaceuticals. They earn profit by selling custom chemical mixtures to both local and international customers. This company has strong financial health. Although they have some debt, they are profitable and regularly pay dividends to their shareholders. You can expect at least double your investment in Deepak Nitrite in the coming years. In 2040, its share price target would be ₹11800, as per our prediction.
Its share price would be between ₹10677 to ₹11800 in 2040, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 10677 | 11800 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 10677 | 10874 |
| February | 10741 | 10987 |
| March | 10830 | 11000 |
| April | 10890 | 11158 |
| May | 10950 | 11274 |
| June | 11080 | 11300 |
| July | 11139 | 11380 |
| August | 11190 | 11490 |
| September | 11250 | 11687 |
| October | 11374 | 11700 |
| November | 11474 | 11721 |
| December | 11611 | 11800 |
Deepak Nitrite Share Price Target 2050
Its future looks bright, with a track record of strong growth and a focus on expanding the company’s product range. It announced plans to expand its manufacturing capacity and set up new plants in Gujarat. The company develop new applications and products, which will contribute towards its future growth. In 2050, its share price target would be ₹16628, as per our prediction.
Its share price would be between ₹15410 to ₹16628 in 2050, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 15410 | 16628 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 15410 | 15687 |
| February | 15568 | 15870 |
| March | 15758 | 15924 |
| April | 15841 | 16130 |
| May | 15958 | 16254 |
| June | 16074 | 16321 |
| July | 16158 | 16380 |
| August | 16245 | 16487 |
| September | 16358 | 16501 |
| October | 16425 | 16584 |
| November | 16478 | 16651 |
| December | 16557 | 16740 |
Should I Buy Deepak Nitrite Stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 1600 | 2857 |
| 2026 | 2587 | 3766 |
| 2027 | 3636 | 4663 |
| 2028 | 4533 | 5542 |
| 2029 | 5411 | 6300 |
| 2030 | 6258 | 7100 |
| 2040 | 10677 | 11800 |
| 2050 | 15410 | 16628 |
It seems likely that the company could experience strong growth In the long term. However, since this analysis doesn’t provide a definite answer, investors should stay flexible and protect against unexpected events. It’s important to keep an eye on the company’s quarterly reports, industry progress, and economic signals to predict how its stock will perform.
Deepak Nitrite Ltd Earning Results
Quarterly
*All figures in crores except per share values
| Fiscal Period | Mar 24 | Dec 22 | QoQ Comp | Mar 23 | YoY Comp |
| Total Revenue | 2,126.21 | 1,991.06 | 5.82% | 1,961.36 | 8.40% |
| Selling/ General/ Admin Expenses Total | 92.87 | 81.06 | 4.18% | 77.45 | 19.91% |
| Depreciation/ Amortization | 46.46 | 41.10 | 11.44% | 40.92 | 13.54% |
| Other Operating Expenses Total | 145.32 | 122.87 | 8.46% | 128.36 | 13.21% |
| Total Operating Expense | 1,791.75 | 1,717.57 | 2.60% | 1,654.32 | 8.31% |
| Operating Income | 334.46 | 273.49 | 27.19% | 307.04 | 8.93% |
| Net Income Before Taxes | 349.19 | 281.02 | 27.63% | 315.15 | 10.80% |
| Net Income | 253.85 | 209.05 | 25.64% | 233.86 | 8.55% |
| Diluted Normalized EPS | 14.36 | 15.33 | -3.06% | 17.14 | -16.25% |
Is Deepak Nitrite Stock Good to Buy? (Bull Case & Bear Case)
Bull Case:
- it has consistently shown its growth with profit.
- The company makes different kinds of chemicals, not just one type, which reduces its risk if one market slows down.
- it is building more factories and production, which could mean more money in the future.
- More industries are using speciality chemicals like Deepak Nitrite, which could mean more business for them.
- The people in charge of this company know what they’re doing, and the company follows good rules for how it runs.
Bear Case:
- If the prices of the materials it needs to make chemicals go up and down a lot, it could impact this company.
- Governments have strict rules for how chemicals can be made and used. If this company doesn’t follow these rules, it could get fined or have to stop making things.
- There are a lot of other companies that make chemicals too. it has to compete with them, which might mean they can’t charge as much for their products.
Conclusion
So we have shared with you the main details that an investor should know before making any decision. However, the stock market is always risky. What will happen in future, can’t be calculated exactly but by analyzing and doing research for the maximum time we can predict the upcoming move of the market so pre-decide your risk and invest in the stock market.
FAQs
Till now, the company has shown a steady uptrend in the stock market, also the fundamentals of this company are very good. There is very little debt for the company. Also, you can read this article to make your decision.
The market capitalization of Deepak Nitrite is 34706.30 Cr as of 21st June 2024.
Yes, It reported a net profit of 811 Cr in 2024.
