Deepak Nitrite Stock Plummets to New 52-Week Low at Rs. 1722.45

Deepak Nitrite has reached a new 52-week low, hitting Rs. 1722.45 on November 3, 2025. This marks a significant decline for the small-cap specialty chemicals company, which has seen its stock price drop by 34.54% over the past year, contrasting sharply with the Sensex's positive performance of 5.33% during the same period.
The stock's recent performance has been characterized by a trend reversal, gaining after three consecutive days of decline. However, it continues to trade below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

Deepak Nitrite's operating profit has shown a negative growth rate of -1.05% annually over the last five years, and recent financial results have reflected a decline in profitability, with a 40.1% drop in profit before tax compared to the previous quarter's average. The company's return on capital employed (ROCE) stands at a low 14.73%, and its return on equity (ROE) is at 12.9%, suggesting a relatively expensive valuation with a price-to-book ratio of 4.4.

Despite these challenges, Deepak Nitrite maintains a low debt-to-equity ratio of 0.04 and high institutional holdings at 28.91%, indicating a level of confidence from larger investors in the company's fundamentals.