India's chemicals maker Deepak Nitrite up on Q2 profit rise

Deepak Nitrite

08/11/2023 04:15

** Shares of Deepak Nitrite  DPNT.NS  rise as much as 5.3%
to 2,210 rupees, highest since Sept. 21
    ** The chemicals maker reported on Tuesday its Q2
consolidated net profit surged ~85% aided by fall in total
expenses
    ** More than 518,733 shares change hands by 09:42 a.m. IST,
2x its 30-day avg    
    ** Mean rating of 15 analysts covering the stock is "hold";
median PT is 2,230 rupees - LSEG data
    ** Stock currently up 1.7% bumping YTD gains to 7%


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))