Should I Buy Deepak Fertilizers share?

Should I Buy Deepak Fertilizers share?

Deepak Fertilizers and Petrochemicals Corporation Limited (NSE: DEEPAKFERT) As on 17th Dec 2021 DEEPAKFERT Share Price closed @ 373.60 and we RECOMMEND Buy for LONG-TERM with Stoploss of 254.56 & Sell for SHORT-TERM with Stoploss of 394.21 we also expect STOCK to react on Following IMPORTANT LEVELS.

What happened to Deepak Fertilizers?

Deepak Fertilisers raises Rs 510 cr via sale of shares to institutional investors. In a regulatory filing, the securities issue committee of the board of directors at its meeting held on Friday approved the closure of the issue on October 22.

What does Deepak Fertilizer do?

Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) is an Indian manufacturer of industrial and agricultural chemicals, crop nutrients, and fertilizers that also owns real estate.

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What is the target of Deepak Fertilizers share?

Tomorrow’s movement Prediction of Deepak Fertilizers And Petrochemicals Corporation Limited DEEPAKFERT as on 15 Dec 2021 is showing signs of weakness….Munafa value: 55 as on 15 Wed Dec 2021.

Upside target 389.32
Upside target 377.12
Downside target 374.63
Downside target 370.28
Downside target 368.82

Why is Deepak Nitrite rising?

Deepak Nitrite Ltd’s stock has grown three folds in the last one year and remains in the spotlight with rising prices of key chemicals. Supply disruption for phenol and acetone in Asia recently has meant a further rise in realisations and thereby better prospects for the company.

Is Deepak Fertilizers and Deepak Nitrite same?

Today, both the Deepak group, led by flagship Deepak Nitrite and its associate companies, and DFPCL are two separate entities. DFPCL is headed by Sailesh Mehta, whereas the Deepak group of companies/SBUs is headed by Deepak Mehta.

What is the future of Deepak Nitrite?

After the upgrade, the six analysts covering Deepak Nitrite are now predicting revenues of ₹58b in 2022. If met, this would reflect a solid 11\% improvement in sales compared to the last 12 months. Per-share earnings are expected to accumulate 2.2\% to ₹73.38.

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What is the product of Deepak Nitrite?

The company produces a spectrum of chemicals, including Agrochemicals, Colourants, Rubber, Pharmaceuticals, Speciality & Fine chemicals….Deepak Nitrite.

Type Public
Products Acetone Agrochemicals detergents Dyes Pigments Pharmaceutical intermediates Rubber Fuel Additives
Revenue ₹4,229 crore (US$560 million) (2020)

Who is owner of Deepak nitrate?

Deepak C Mehta
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Deepak Nitrite Ltd….PREMARKET.

Management
Deepak C Mehta Chairman & Managing Director
Dileep Choksi Independent Director
Maulik D Mehta Executive Director & CEO
Purvi Sheth Independent Director

When will the Deepak Fertilisers rights issue open and close?

The Deepak Fertilisers Rights Issue opens on Sep 28, 2020, and closes on Oct 12, 2020. What is the schedule for Deepak Fertilisers Rights Issue? What is the issue price for Deepak Fertilisers Rights Issue? Deepak Fertilisers Rights Issue price is set at ₹133 per share per equity share. In what ratio is the Deepak Fertilisers Rights Issue offered?

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What does Deepak Fertilisers & petrochemicals do?

Deepak Fertilisers & Petrochemicals Corp. Ltd. engages in the manufacture of industrial chemicals and fertilizers. It operates through the following segments: Chemicals, Fertilizers, Realty, and Others.

How Deepak Fertilizers will strengthen breakout from resistance zone?

Deepak Fertilizers were given breakout from Resistance Zone and finished Restest it seems, factors that strengthen Breakout are good Consolidation at Resistance zone & Took support @ Support Zone, If We observe in Day frame it seems like Upper flag (Bullish). We can enter @ CMP by keeping 450 as 1st TGT & 490 as 2nd TGT.

What are the future growth prospects of Deepak Nitrite?

Deepak Nitrite Future Growth prospects: Deepak Nitrite is all set to encash the growing demand as being one of the biggest player in the Chemical industry and has already invested in manufacturing new plants to cater to the growing demand.