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Should I Buy Deepak Fertilizers share?

Should I Buy Deepak Fertilizers share?

Deepak Fertilizers and Petrochemicals Corporation Limited (NSE: DEEPAKFERT) As on 13th Dec 2021 DEEPAKFERT Share Price closed @ 371.85 and we RECOMMEND Buy for LONG-TERM with Stoploss of 250.71 & Sell for SHORT-TERM with Stoploss of 397.10 we also expect STOCK to react on Following IMPORTANT LEVELS.

What is the target of Deepak Fertilizers share?

Date Stock Target
26 Apr 2021 Deepak Fertilisers &.. 368.00
03 Jun 2019 Deepak Fertilisers &.. 168.00
03 Jul 2017 Deepak Fertilisers &.. 351.00
03 Dec 2015 Deepak Fertilisers &..

What happened to Deepak Fertilizers?

Deepak Fertilisers raises Rs 510 cr via sale of shares to institutional investors. In a regulatory filing, the securities issue committee of the board of directors at its meeting held on Friday approved the closure of the issue on October 22.

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Who are the promoters of Deepak Fertilizers?

The disclosure made by Deepak Fertiliser to the stock exchange reveals that Robust Marketing Services Private Limited, the promoter of the company, acquired 685,872 equity shares worth Rs 13.16 crore through the open market between February 25 and March 13.

Is Deepak Nitrite a good buy?

“Deepak Nitrite has a good ROCE of 39.9\% & an ROE of 39.6\%. It has reduced its debt and has a debt/equity ratio of just 0.25x. The company has delivered superb PAT growth of 64.84\% CAGR over the last 5 years. It has been consistently generating positive increasing operating cash flows over the last 3 years.

Why is Deepak Nitrite rising?

Deepak Nitrite Ltd’s stock has grown three folds in the last one year and remains in the spotlight with rising prices of key chemicals. Supply disruption for phenol and acetone in Asia recently has meant a further rise in realisations and thereby better prospects for the company.

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Is Deepak Nitrate and Deepak Fertilizers are same?

Today, both the Deepak group, led by flagship Deepak Nitrite and its associate companies, and DFPCL are two separate entities.

What is the future of Deepak Nitrite?

After the upgrade, the six analysts covering Deepak Nitrite are now predicting revenues of ₹58b in 2022. If met, this would reflect a solid 11\% improvement in sales compared to the last 12 months. Per-share earnings are expected to accumulate 2.2\% to ₹73.38.

What is the product of Deepak Nitrite?

The company produces a spectrum of chemicals, including Agrochemicals, Colourants, Rubber, Pharmaceuticals, Speciality & Fine chemicals….Deepak Nitrite.

Type Public
Products Acetone Agrochemicals detergents Dyes Pigments Pharmaceutical intermediates Rubber Fuel Additives
Revenue ₹4,229 crore (US$560 million) (2020)

Who is owner of Deepak nitrate?

Deepak C Mehta
PREMARKET

Management
Deepak C Mehta Chairman & Managing Director
Dileep Choksi Independent Director
Maulik D Mehta Executive Director & CEO
Purvi Sheth Independent Director

What is the future of Deepak Nitrite share?

https://www.youtube.com/watch?v=eVbYYYPI9vg

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