India's Deepak Nitrite set for worst week in nearly five years

Deepak Nitrite

14/02/2025 04:44

** Shares of India's Deepak Nitrite  DPNT.NS  fall ~10% to
2025 rupees 
    ** Chemicals maker's Q3 consol net profit more than halved
y/y to 980.9 million rupees ($11.3 million), rev from ops
dropped over 5% 
    ** Stock has lost 17% so far this week, set for its worst
week since mid-March 2020
    ** Trading vols 1.7 mln shares vs 30-day avg of 155,000
shares 
    ** YTD stock has shed 21% 

($1 = 86.8230 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))