Deepak Nitrite surges as its arm commissions nitration, hydrogenation plant in Gujarat
Deepak Nitrite is currently trading at Rs 1591.10, up by 55.30 points or 3.60% from its previous closing of Rs 1535.80 on the BSE.
The scrip opened at Rs 1535.05 and has touched a high and low of Rs 1625.40 and Rs 1520.10 respectively. So far 61590 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52-week high of Rs 2403.55 on 21-Jan-2025 and a 52-week low of Rs 1512.80 on 04-Dec-2025.
Last one week high and low of the scrip stood at Rs 1625.40 and Rs 1520.10 respectively. The current market cap of the company is Rs 21918.36 crore.
The promoters holding in the company stood at 49.33%, while Institutions and Non-Institutions held 29.25% and 21.42% respectively.
Deepak Nitrite’s material wholly owned subsidiary -- Deepak Chem Tech has commissioned its nitration and second hydrogenation plant on January 19, 2026 at Dahej in Gujarat. The total capital expenditure incurred for the same is around Rs 85 crore as of the date of commissioning.
Earlier, the company’s material wholly owned subsidiary -- Deepak Chem Tech had commenced the manufacturing operations at its Nitric Acid Plant on December 04, 2025 at Nandesari, Dist. Vadodara in Gujarat.
Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.
