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Deepak Nitrite moves up 6% as subsidiary commissions key chemical plants with ₹85 Cr investment

News by Aliceblue News Desk

20 Jan 2026

Deepak Nitrite moves up 6% as subsidiary commissions key chemical plants with ₹85 Cr investment

Introduction

Leading specialty chemicals company commissioned a nitration and second hydrogenation plant at Dahej, Gujarat, through its wholly owned subsidiary, with capital expenditure of about ₹85 crore.

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Share price movement of Deepak Nitrite

On January 20, 2026, Deepak Nitrite Ltd opened at ₹1,535.05, down 0.05% from its previous close of ₹1,535.80. The stock reached a high of ₹1,625.40 (5.83%) and a low of ₹1,520.10 (-1.02%). By 3:03 PM, it traded at ₹1,600.90, up 4.24%, with a market cap of ₹21,835.16 crore.

Deepak Nitrite Commissions New Plant

Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite Limited, commissioned its nitration and second hydrogenation plant on January 19, 2026, at Dahej in Gujarat.

The total capital expenditure incurred for the Dahej plant is approximately ₹85 crore as of the commissioning date, as disclosed under Regulation 30 of SEBI Listing Regulations.

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

Deepak Nitrite Ltd delivered a -2.27% return over the past week, -20.1% over the past 6 months, and -34.9% over the past 1 year.

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Shareholding pattern of Deepak Nitrite

ParticularsDec 2025Sep 2025Jun 2025
Promoter49.30%49.30%49.30%
FII6.10%6.20%6.70%
DII23.20%22.70%22.60%
Public21.40%21.80%21.40%

About Deepak Nitrite

Deepak Nitrite Ltd (NSE: DEEPAKNTR) manufactures basic intermediates, fine and specialty chemicals, performance products, and phenolics, offering 32+ products across 56+ applications in India.

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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.

FAQs

Q: Why is Deepak Nitrite Ltd share price rising today?

A: Deepak Nitrite Ltd subsidiary Deepak Chem Tech commissioned a nitration and second hydrogenation plant at Dahej, Gujarat, with ₹85 crore capital expenditure.

Q: What is Deepak Nitrite Ltd’s main business focus?

A: Deepak Nitrite Ltd manufactures basic intermediates, fine and specialty chemicals, performance products, and phenolics across 32+ products and 56+ applications.

Q: What is the 52-week high and low of Deepak Nitrite Ltd stock?

A: Deepak Nitrite Ltd stock reached a 52-week high of ₹2,403.55 and a 52-week low of ₹1,512.80 as of January 20, 2026.

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Aliceblue News Desk

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