India's Deepak Nitrite rises on commissioning plant in Gujarat

Deepak Nitrite

20/01/2026 07:44

** Shares of Deepak Nitrite DPNT.NS up 4% to 1596 rupees
** Chemicals maker commissioned its nitration and second hydrogenation plant at Dahej, Gujarat, with total capex of 850 mln rupees ($9.3 mln)
** Stock set to snap seven straight sessions of losses
** More than 1.2 mln shares traded, 8x their 30-day moving avg
** Shares changed hands most in a session since May 29, 2025
** Avg rating of the stock is "hold" and median PT is 1,826.5 rupees, ~15% higher than current price - data compiled by LSEG
** DPNT fell 30.6% in 2025

($1 = 91.0080 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))