SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Deepak Nitrite rises on selling parcel of land in Pune for Rs 69.60 crore

03 May 2016 Evaluate

Deepak Nitrite is currently trading at Rs. 71.00, up by 0.50 points or 0.71% from its previous closing of Rs. 70.50 on the BSE.

The scrip opened at Rs. 70.70 and has touched a high and low of Rs. 71.80 and Rs. 70.70 respectively. So far 2711 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 79.90 on 23-Dec-2015 and a 52 week low of Rs. 54.50 on 08-Sep-2015.

Last one week high and low of the scrip stood at Rs. 73.00 and Rs. 69.30 respectively. The current market cap of the company is Rs. 819.83 crore.

The promoters holding in the company stood at 51.79% while Institutions and Non-Institutions held 13.16% and 35.05% respectively.

Deepak Nitrite has sold a parcel of land in Pune for a total consideration of Rs 69.60 crore. The company has concluded the sale of 12,141 sq mtr of land situated at Sinhagadh Road, Pune in Maharashtra.

The company has also surrendered/assigned its lease hold right in respect of adjoining land admeasuring 8,093 sq mtr, situated at Sinhagad Road, Pune for a total consideration of Rs 9.66 crore.

Gujarat-headquartered Deepak Nitrite has manufacturing facilities at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and at Hyderabad in Andhra Pradesh. It manufactures Bulk Chemicals & Commodities, Fine & Speciality Chemicals and Fluorescent Whitening Agents.

Deepak Nitrite Share Price

1875.25 20.55 (1.11%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 4035.90
Tata Chemicals 782.10
SRF 2780.75
Pidilite Inds. 1476.15
Deepak Nitrite 1875.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×