India's Deepak Nitrite hits over 2-month high after Q1 profit more than triples

Deepak Nitrite

05/08/2026 05:06

** Shares of Deepak Nitrite DPNT.NS rise 7.4% to 1,845 rupees, their highest since May 21
** Chemicals maker's Q1 consol PAT more than triples Y/Y; rev up 35%
** Co says favourable product mix and recent integration initiatives supported earnings
** Co sees improving demand visibility across product segments, backed by new product launches and expanding capacities
** Stock rated "hold" on avg; median PT 1,869 rupees - data compiled by LSEG
** Stock up 6.5% YTD
     
     
     
     
     
     
     
     

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))