Deepak Nitrite Share Price Target 2024, 2025, 2027, 2030, 2035 (Long Term)

Deepak Nitrite Share Price Target, Future Prediction, Prognosis, Forecast 2024, 2025, 2026,2027, 2028, 2029, 2030, 2031, 2035

The company has been a leading producer of sodium nitrite and sodium nitrate since 1972 and is also the largest producer of phenol and acetone in the country since 2018. Furthermore, it is one of the top 3 global players for products like Xylidines, Cumidines, and Oximes.

The company had consolidated revenues of ₹8,019 crore and net income of ₹852 crore in FY23. Apart from this, the total assets of the company are valued at ₹5000 crore.

If we talk about the shareholding pattern, in the last quarter FIIs sold 1.62%, DIIs bought 2.35% and Public sold 0.71%. As per last quarter’s records, promoters’ stake is 49.13%, FIIs 6.47%, DIIs 17.96%, and public stake is 26.45%.

The shares of Deepak Nitrate were listed on the Stock Exchange (BSE) in 1995 and NSE in 2010 and since its inception, Deepak Nitrite has given tremendous returns to its investors. Below, in this post, you can check the stock prediction of Deepak Nitrite from the present time to the coming 10 to 15 years, which will give you some idea of what level the share price of Deepak Nitrite has the potential to reach in the coming years.

A custom algorithm has been used for these price targets or predictions, which is based on deep learning and keeps changing based on price fluctuations, volume shifts, and market cycles.

Share Price Targets Last Updated on May 18, 2024 at 9:06:33 AM

Deepak Nitrite Share Price Target in the Next 1, 3, 5, 7, and 10 Years

If we talk about the future stock price target for Deepak Nitrite, then it can increase to ₹3,062.87 in the coming 1 year. If we forecast the next 5 years according to the current scenario, then its value can increase to ₹4,855.47, and in the next 10 years, it can increase to ₹7,248.98.

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Deepak Nitrite Share Price Target 2024, 2026, 2028, 2031, 2035

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Deepak Nitrite Share Price Target 2024

The current trend of the share market is likely to remain the same in the future. Although some volatility may be seen, the company’s stock price may reach ₹2,974.24 per share by the end of 2024.

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Deepak Nitrite Share Price Target 2025

According to current market analysis, the company’s stock price can reach ₹3,372.85 per share by the end of 2025.

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Deepak Nitrite Share Price Target 2026

If we estimate the share price target of Deepak Nitrite by 2026, then it can reach the price of ₹3,802.76.

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Deepak Nitrite Share Price Target 2027

By 2027, the price of Deepak Nitrite shares may increase up to ₹4,286.68.

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Deepak Nitrite Share Price Target 2028

Deepak Nitrite share price may see a rise to ₹4,814.96 by the end of 2028.

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Deepak Nitrite Share Price Target 2031

By 2031, the price of Deepak Nitrite shares may increase up to ₹6,185.63.

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Deepak Nitrite Share Price Target 2035

If we look at the possibility of an increase in the price of Deepak Nitrite shares by 2035, then it can increase up to ₹8,077.90.

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FAQ: Deepak Nitrite Share Price Target

Disclaimer: This article is written for informational purposes only, do not consider it as any kind of investment advice.