Deepak Nitrite shines on repaying Rs 40 crore raised against CP

31 Mar 2015

Deepak Nitrite is currently trading at Rs. 69.20, up by 2.50 points or 3.75% from its previous closing of Rs. 66.70 on the BSE.

The scrip opened at Rs. 68.75 and has touched a high and low of Rs. 69.80 and Rs. 68.75 respectively. So far 512 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 106.00 on 23-Jun-2014 and a 52 week low of Rs. 42.03 on 31-Mar-2014.

Last one week high and low of the scrip stood at Rs. 71.00 and Rs. 64.00 respectively. The current market cap of the company is Rs. 698.32 crore.

The promoters holding in the company stood at 56.56% while Institutions and Non-Institutions held 5.91% and 37.52% respectively.

Deepak Nitrite has repaid an amount of Rs 40 crore on March 30, 2015 against Commercial Paper (CP) issued on January 30, 2015.

Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals and a world leader in 2,4 and 2,6 Xylidine.

Related Deepak Nitrite Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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