Deepak Nitrite
1,959.20
-27.90(-1.40%)
Market Cap₹27,102.70 Cr
PE Ratio38.84
IndustryChemicals
Company Performance:
1D-1.40%
1M-1.78%
6M-21.57%
1Y-25.11%
5Y+309.23%
View Company Insightsright
Latest news about Deepak Nitrite
Deepak Nitrite Subsidiary Issues ₹176 Crore Preference Shares to Deepak Phenolics Jun 06, 2025
A subsidiary of Deepak Nitrite Limited has issued Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹176.00 crore to Deepak Phenolics Limited. This internal funding arrangement within the Deepak Nitrite group involves a unique financial instrument combining features of debt and equity, potentially aimed at optimizing the group's capital structure or supporting growth initiatives.
Deepak Nitrite Reports Mixed Q4 FY2025 Results: Revenue Up, Profit Down May 29, 2025
Deepak Nitrite Reports 20% Drop in Q4 Profit, Announces Dividend May 28, 2025
Deepak Nitrite Poised to Benefit from Extended Ammonium Nitrate Manufacturing Licenses Apr 21, 2025
Deepak Nitrite's Subsidiary Strengthens Capital Base with ₹163 Crore OCRPS Issuance Apr 17, 2025
More news about Deepak Nitrite
16Apr 25
Deepak Nitrite's Subsidiary Raises ₹163 Crore Through Preference Share Issue
Deepak Nitrite Limited's wholly-owned subsidiary, Deepak Chem Tech Limited (DCTL), has issued Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹163 crore to another subsidiary, Deepak Phenolics Limited. The transaction, completed on April 16, 2025, involved 1,63,00,000 9% OCRPS at ₹100 each. This move aims to strengthen DCTL's capital base for ongoing projects. Deepak Nitrite maintains 100% ownership of DCTL's equity, while indirectly holding 100% of its preference shares. DCTL, incorporated in 2020, operates a fluorination plant and is pursuing various projects in Gujarat.
Deepak Nitrite
1,959.20
-27.90
(-1.40%)
1 Year Returns:-25.11%
Industry Peers
Pidilite Industries
3,045.80
(-0.28%)
SRF
3,200.00
(-1.30%)
Gujarat Fluorochemicals
3,562.60
(-1.88%)
Deepak Nitrite
1,959.20
(-1.40%)
BASF
5,206.00
(+0.84%)
ATUL
7,408.00
(-0.89%)
Vinati Organics
1,955.50
(-1.04%)
Aarti Industries
484.45
(+1.04%)