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Deepak Nitrite’s arm to invest Rs 9,000 crore to establish projects in Dahej

01 Feb 2024 Evaluate

Deepak Nitrite’s wholly owned subsidiary -- Deepak Chem Tech has signed a Memorandum of Understanding (MoU) with Government of Gujarat on January 31, 2024, with an intent to invest around Rs 9,000 crore to establish projects at Dahej, in the State of Gujarat, to manufacture Polycarbonate Resins and compounds, Methyl methacrylate (MMA) and Poly Methyl methacrylate (PMMA) Resins and compounds and Aniline. The proposed investment will also help reduce India's import bill.

Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.


Deepak Nitrite Share Price

1538.00 2.95 (0.19%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
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