Deepak Nitrite Sees Surge in Open Interest, Indicating Shifting Market Dynamics
2025-03-28 15:00:20Deepak Nitrite Ltd. (symbol: DEEPAKNTR), a prominent player in the chemicals industry, has experienced a significant increase in open interest today. The latest open interest stands at 8,159 contracts, reflecting a rise of 1,099 contracts or 15.57% from the previous open interest of 7,060. The trading volume for the day reached 6,932 contracts, indicating robust activity in the derivatives market. In terms of price performance, Deepak Nitrite has shown a slight recovery after three consecutive days of decline, with a minimal 1D return of 0.02%. The stock touched an intraday high of Rs 2,048, marking a 2.86% increase during the trading session. However, it underperformed its sector by 0.61%. The weighted average price suggests that more volume was traded closer to the lower price range, while the stock remains above its 20-day moving averages but below the 5-day, 50-day, 100-day, and 200-day moving averages...
Read MoreDeepak Nitrite Sees Surge in Open Interest Amidst Increased Trading Activity
2025-03-28 14:00:17Deepak Nitrite Ltd. has experienced a notable increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 7,885 contracts, up from the previous 7,060, marking a change of 825 contracts or an increase of 11.69%. The trading volume for the day reached 5,293 contracts, contributing to a futures value of approximately Rs 6,845.74 lakhs and an options value of around Rs 2,589.73 crores, bringing the total value to Rs 7,335.36 lakhs. In terms of price performance, Deepak Nitrite has underperformed its sector by 0.76%, continuing a downward trend with a decline of 5.11% over the past four days. The stock reached an intraday high of Rs 2,048, reflecting a 2.86% increase at one point during the trading session. While the stock is trading above its 20-day moving averages, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Investor partici...
Read MoreSurge in Open Interest for Deepak Nitrite Signals Shift in Market Dynamics
2025-03-28 13:00:14Deepak Nitrite Ltd. has experienced a significant increase in open interest today, with the latest open interest (OI) recorded at 7,870, up from the previous OI of 7,060. This marks a change of 810, reflecting an 11.47% increase. The trading volume for the stock reached 4,753, indicating active market participation. The total futures value stands at Rs 5,644.36 lakhs, while the options value is notably high at Rs 2,379.45 crores, bringing the total value to Rs 6,090.06 lakhs. In terms of price performance, Deepak Nitrite has underperformed its sector by 0.83%, continuing a downward trend with a 5.28% decline over the past four days. The stock reached an intraday high of Rs 2,048, representing a 2.86% increase during the trading session. While the stock is currently above its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, delivery volume has de...
Read MoreDeepak Nitrite Sees Surge in Open Interest Amid Increased Trading Activity
2025-03-28 12:00:18Deepak Nitrite Ltd. has experienced a notable increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 7,778 contracts, marking an increase of 718 contracts or 10.17% from the previous open interest of 7,060. The trading volume for the day reached 4,236 contracts, indicating robust engagement in the stock. In terms of price performance, Deepak Nitrite has shown a slight recovery after three consecutive days of decline, with the stock touching an intraday high of Rs 2,048, representing a gain of 2.86%. The stock's performance today aligns closely with the sector, which recorded a 1D return of 0.62%, while Deepak Nitrite posted a 1D return of 0.55%. Despite this uptick, the stock's delivery volume has seen a decline of 23.97% compared to the five-day average, suggesting a decrease in investor participation. The stock remains liquid, with a trading capacity...
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Deepak Nitrite Shows Mixed Performance Amid Broader Market Gains and Small-Cap Strength
2025-03-05 10:55:15Deepak Nitrite experienced significant trading activity, achieving a notable gain and outperforming its sector. The stock's recent performance reflects a positive trend over two days, although it remains below several key moving averages. In the broader market, small-cap stocks are leading, while the Sensex has also risen.
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Deepak Nitrite Faces Sustained Stock Decline Amid Industry Challenges and Underperformance
2025-03-03 11:15:25Deepak Nitrite's stock has faced significant challenges, hitting a new 52-week low and marking four consecutive days of losses. The stock has underperformed its sector and is trading below key moving averages, with a notable decline over the past month compared to broader market trends.
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Deepak Nitrite Faces Ongoing Market Challenges Amid Significant Stock Volatility
2025-03-03 10:35:59Deepak Nitrite's stock has faced notable volatility, reaching a new 52-week low amid ongoing market challenges. Over four days, it has declined significantly, underperforming its sector. The stock is trading below key moving averages and has dropped 18.04% over the past year, contrasting with the Sensex's modest decline.
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Deepak Nitrite Shows Volatility Amid Broader Market Trends and Sector Performance
2025-02-20 14:05:15Deepak Nitrite has shown significant activity, outperforming the chemicals sector with a notable intraday high. Despite recent gains, the stock is trading below several key moving averages and has faced challenges over the past month, indicating volatility in its performance compared to the broader market.
Read MoreDeepak Nitrite Faces Significant Stock Decline Amidst Industry Challenges and Investor Confidence
2025-02-19 15:12:23Deepak Nitrite Ltd., a prominent player in the chemicals industry, has experienced significant fluctuations in its stock performance. Currently, the stock is down 39.59% from its recent highs, reflecting a challenging year with a 1-year performance decline of 16.15%, contrasting sharply with the Sensex's gain of 4.49%. Over the past month, Deepak Nitrite has seen a notable drop of 19.08%, while its year-to-date performance stands at a decrease of 23.33%. Despite a slight uptick of 0.82% today, the stock has faced consistent underperformance against the benchmark indices, including a 28.29% decline over the last three months. Financial metrics reveal a P/E ratio of 37.48, which is below the industry average of 41.51, indicating a relatively expensive valuation. The company's operating profit growth has been modest, averaging just 1.44% annually over the past five years. Deepak Nitrite's recent quarterly re...
Read MoreAnnouncement under Regulation 30 (LODR)-Change in Management
09-Apr-2025 | Source : BSEIntimation about changes in Directors
Disclosure Under Regulation 30 Of SEBI (Listing Regulations) 2015
09-Apr-2025 | Source : BSEDisclosure under Regulation 30 of SEBI (Listing Regulations) 2015
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
05-Apr-2025 | Source : BSECertificate under Reg. 74(5) of SEBI (DP) Regulations 2018
Corporate Actions
No Upcoming Board Meetings
Deepak Nitrite Ltd. has declared 375% dividend, ex-date: 29 Jul 24
Deepak Nitrite Ltd. has announced 2:10 stock split, ex-date: 20 Jun 14
Deepak Nitrite Ltd. has announced 1:1 bonus issue, ex-date: 20 Jun 14
Deepak Nitrite Ltd. has announced 2:4 rights issue, ex-date: 21 Feb 06