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Prabhudas Lilladher recommended reduce rating on Deepak Nitrite with a target price of Rs 1985 in its research report dated February 15, 2024.

Reduce Deepak Nitrite; target of Rs 1985: Prabhudas Lilladher

Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.

MFs raise stakes in 70% Nifty smallcap, midcap stocks in Q3, despite caution

Net Sales are expected to decrease by 12.7 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs. 1,738.4 crore, according to Prabhudas Lilladher.

Deepak Nitrite Q3 PAT may dip 12.8% YoY to Rs. 182.3 cr: Prabhudas Lilladher

Experts expect the Nifty 50 to focus on 21,800-22,000 levels in coming weeks after ongoing consolidation, while taking support at 21,700-21,500 levels and advising buy on dips strategy

Experts list 10 stock ideas for Jan series as bulls take a breather before fresh rally

Deepak Nitrite Ltd. operates as a chemical intermediates and other chemicals manufacturer. It operates through two segments: Advanced Intermediates and Phenolics. The Advanced Intermediates segment manufactures sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, speciality agrochemicals and optical brightening agent. The Phenolics segment manufactures cumene, phenol, acetone and isopropyl alcohol. The company was founded by Chimanlal Khimchand Mehta on May 2, 1970 and is headquartered in Vadodara, India.

Deepak Nitrite Ltd.

Volume	646,643.00
52-Wk High	2,521.15
52-Wk Low	1,850.55

DEEPAKNTR.NSE Deepak Nitrite Ltd.

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