India's Deepak Nitrite up as unit starts manufacturing operations at plant

Deepak Nitrite

21/03/2024 09:41

** Shares of chemicals maker Deepak Nitrite  DPNT.NS  up
1.7% to 2136.30 rupees
    ** Unit Deepak Chem Tech starts manufacturing operations of
its fluorination plant at Dahej, Gujarat
    ** Stock trading below its 50-, 100-, and 200-day moving
averages since early March
    ** Fifteen analysts covering the stock on average have a
"hold" rating; median PT is 2,375.50 rupees - LSEG data
    ** Stock down 13.9% so far this year, had gained 25% in 2023
for best yearly gains since 2021


 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))