DEEPAKNTR -  India Stock  

INR 2,376  40.75  1.69%

DEEPAK NITRITE is selling for 2375.50 as of the 20th of September 2021. This is a -1.69 percent decrease since the beginning of the trading day. The stock's open price was 2416.25. DEEPAK NITRITE has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for DEEPAK NITRITE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of August 2021 and ending today, the 20th of September 2021. Click here to learn more.
 Market Performance
18 of 100
  Odds Of Distress
Less than 21
Follow Valuation Odds of Bankruptcy
Check how we calculate scores


Deepak Nitrite Limited manufactures and sells basic chemicals, fine and speciality chemicals, performance products, and phenolics in India. Deepak Nitrite Limited was incorporated in 1970 and is headquartered in Vadodara, India. DEEPAK NITRITE operates under Chemicals classification in India and is traded on National Stock Exchange of India. It employs 1532 people. more on DEEPAK NITRITE
About 49.0% of the company shares are held by company insiders
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of DEEPAK NITRITE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
DEEPAK NITRITE (DEEPAKNTR) is traded on National Stock Exchange of India in India and employs 1,532 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 334.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DEEPAK NITRITE's market, we take the total number of its shares issued and multiply it by DEEPAK NITRITE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. DEEPAK NITRITE operates under Basic Materials sector and is part of Chemicals industry. The entity has 136.39 M outstanding shares. DEEPAK NITRITE has accumulated about 2.21 B in cash with 9.99 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.2.
Check DEEPAK NITRITE Probability Of Bankruptcy
DEEPAK NITRITE holds a total of one hundred thirty-six million three hundred ninety thousand outstanding shares. DEEPAK NITRITE retains serious amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check DEEPAK Ownership Details

DEEPAK Stock Price Odds Analysis

What are DEEPAK NITRITE's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of DEEPAK NITRITE jumping above the current price in 90 days from now is about 6.24%. The DEEPAK NITRITE probability density function shows the probability of DEEPAK NITRITE stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon DEEPAK NITRITE has a beta of 0.2762 suggesting as returns on the market go up, DEEPAK NITRITE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DEEPAK NITRITE will be expected to be much smaller as well. Additionally, the company has an alpha of 0.4633, implying that it can generate a 0.46 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 2375.5HorizonTargetOdds Up 2375.5 
93.71%90 days
Based on a normal probability distribution, the odds of DEEPAK NITRITE to move above the current price in 90 days from now is about 6.24 (This DEEPAK NITRITE probability density function shows the probability of DEEPAK Stock to fall within a particular range of prices over 90 days) .


Investors will always prefer to have the highest possible return on investment while minimizing volatility. DEEPAK NITRITE market risk premium is the additional return an investor will receive from holding DEEPAK NITRITE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DEEPAK NITRITE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although DEEPAK NITRITE's alpha and beta are two of the key measurements used to evaluate DEEPAK NITRITE's performance over the market, the standard measures of volatility play an important role as well.

DEEPAK Stock Against Markets

Picking the right benchmark for DEEPAK NITRITE stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DEEPAK NITRITE stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DEEPAK NITRITE is critical whether you are bullish or bearish towards DEEPAK NITRITE at a given time.

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Our tools can tell you how much better you can do entering a position in DEEPAK NITRITE without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Investing Opportunities. Note that the DEEPAK NITRITE information on this page should be used as a complementary analysis to other DEEPAK NITRITE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for activelly traded equities including funds and ETFs from over 30 global markets.

Other Tools for DEEPAK Stock

When running DEEPAK NITRITE price analysis, check to measure DEEPAK NITRITE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DEEPAK NITRITE is operating at the current time. Most of DEEPAK NITRITE's value examination focuses on studying past and present price action to predict the probability of DEEPAK NITRITE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DEEPAK NITRITE's price. Additionally, you may evaluate how the addition of DEEPAK NITRITE to your portfolios can decrease your overall portfolio volatility.
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