India's Deepak Nitrite sees best day in over 2 weeks

Deepak Nitrite

06/10/2022 10:41

** Speciality chemicals maker Deepak Nitrite's shares
 DPNT.NS  up as much as 3.6% at 2,184 rupees, their biggest
intraday gain since Sept. 20
    ** Stock posts its highest levels since Sept. 23
    ** DPNT up along with Nifty Midcap 100 index  .NIFMDCP100 
which is up 1.3%
    ** DPNT set to gain for a fourth straight session
    ** More than 600,000 shares traded by 0924 GMT, 0.6x their
30-day moving avg of more than 900,000 shares
    ** Seven of 11 brokerages rate the stock "buy" or higher, 2
"hold" and 2 "sell" or lower; their median PT is 2484 rupees-
Refinitiv data
    ** Up to last close this year, stock had fallen 15.4%
compared with a 2.1% rise in the Nifty Midcap 100 index 
 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com;Mobile: +91 6001289066))