Deepak Nitrite arm begins operations at its new facility in VadodaraDeepak Nitrite arm begins operations at its new facility in Vadodara

Introduction

Leading chemical manufacturer’s subsidiary commenced operations at a new Nitric Acid Plant in Nandesari, Vadodara, with ₹515 crore investment, strengthening supply security, backward-forward integration, and capacity for high-value chemical applications.

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Share price movement of Deepak Nitrite

On December 5, 2025, Deepak Nitrite Ltd opened at ₹1,540.00, up 0.34% from its previous close of ₹1,534.60. The stock reached a high of ₹1,580.80 (2.99%) and a low of ₹1,540.00 (0.34%). By 11:12 AM, it traded at ₹1,560.00, a 1.66% increase, with a market cap of ₹21,277.31 crore.

Deepak Nitrite Subsidiary Starts Nitric Acid Plant

Deepak Chem Tech Limited, a wholly-owned subsidiary of Deepak Nitrite, commenced manufacturing operations at its Nitric Acid Plant on December 4, 2025, in Nandesari, Vadodara, Gujarat. The project cost totals ₹515 crore.

The new plant strengthens the Group’s backward and forward integration, ensures supply security for key intermediates, and supports high-value chemical applications. It marks a major step toward a fully integrated chemical platform.

Stock performance of Deepak Nitrite for Period of 1 week, 6 months, and 1 year

Deepak Nitrite Ltd delivered a -1.59% return over the past week, declined by -21.0% in the past six months, and posted a -43.4% return over the past year.

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Shareholding pattern of Deepak Nitrite

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	49.30%	49.30%	49.30%
FII	6.20%	6.70%	7%
DII	23%	23%	23%
Public	21.80%	21.40%	20.80%

About Deepak Nitrite

Deepak Nitrite Ltd (NSE: DEEPAKNTR), incorporated in 1970, manufactures basic intermediates, fine and specialty chemicals, performance products, and phenolics, offering over 32 products across 56 applications, making it a leading chemical intermediates company.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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