Deepak Nitrite Share Price Target 2025, 2030, 2040, 2050

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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.

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