Page 32 - Deepak Nitrite News Today

Read more about Deepak Nitrite surges 12% on strong operational performance in Q3 on Business Standard. The consolidated Ebitda margin expanded 330 basis points (bps) to 27.4 per cent in Q3FY21

Sensex hits record high at 52,000, Nifty 50 crosses 15,000 mark reporters@khaleejtimes.com Filed on February 15, 2021 The NSE Nifty 50 index was 0.83 higher at 15,289.75 by 0450 GMT, while the S&P BSE Sensex was up 0.95 at 52,031.87. Both indexes hit record highs in early trading. Indian shares hit an all-time high on Monday with financial stocks leading broad-based gains, as upbeat corporate earnings raised hopes of a faster economic recovery while buoyant global markets also aide...

​​​Overall, 30 shares were trading in green in Nifty50 index, while 19 were trading in red in the afternoon trade.

Deepak Nitrite shares rallied 300 per cent from its 52-week low of Rs 310 as on March 19, 2020, on improving demand scenario across several end-user industries such as plywood, pharma, adhesives, sanitisers, chemicals and paints

Read more about Deepak Nitrite consolidated net profit rises 38.19% in the December 2020 quarter on Business Standard. Sales rise 10.25% to Rs 1234.69 crore

Deepak Nitrite (DNL) reported 38.2% rise in consolidated net profit to Rs 216.56 crore on 10.3% rise in revenue from operations to Rs 1234.69 crore in Q3 FY21 over Q3 FY20. Improvement in revenues was led by robust Y-o-Y improvement in the phenolics business aided by incremental contribution from Isopropyl Alcohol (IPA) products. Profit before tax grew by 37.7% to Rs 290.3 crore in Q3 FY21 over Q3 FY20. Current tax expense spiked 25.5% to Rs 63.64 crore in Q3 FY21 over Q3 FY20. EBITDA stood at...

US stocks fall after hitting record highs Wall Streets main indexes turned negative in volatile trading on Wednesday after the S&P 500 and the Dow hit record highs at the open on hopes of faster economic growth. The Dow Jones Industrial Average fell 73.22 points, or 0.23%, to 31,302.73, the S&P 500 lost 9.58 points, or 0.24%, to 3,901.72 and the Nasdaq Composite lost 73.65 points, or 0.53%, to 13,934.05. European shares gain on stimulus hopes European shares rose on Wednesday as upbeat earning...

Sensex closes atop Mt 50K as market rides on Budget euphoria SECTIONS Share Synopsis The Union Budget has fuelled the latest leg of the rally as inventors believe higher spending by the government will eventually lead to growth in corporate earnings. Sensex ends above 50K for first time, gains 458 pts, Nifty tops 14,750; pharma, financial stocks rally NEW DELHI: Banks and financials were in heavy demand on Wednesday as bulls continued to bludgeon their way past bears taking benchmark indices t...

Benchmark indices hit new milestones on Wednesday as economic recovery hopes on the back of a growth-driven Budget, positive global cues, and healthy FII buying continued to please investors. Besides, expansion of Services PMI for the fourth straight month at 52.8 in January, relative to 52.3 in December, also boosted sentiment. Among the headline indices, the S&P BSE Sensex hit a fresh record high of 50,526 in the intra-day trade today, supported by buying in HDFC, HDFC Bank, Infosys, Axis B...

Synopsis Every proposal that Finance Minister Nirmala Sitharaman announced in her Budget will have long-term repercussions and some stocks are better positioned to benefit from them, analysts said. Getty Images Analysts at IIFL Securities picked ICICI Bank, ITC, L&T, Dabur, SBI Life, ICICI Lombard, HPCL, Deepak Nitrite, Quess Corp, JK Lakshmi Cement, Sudarshan Chemical and HG Infra Engg as the biggest beneficiaries of this Budget. NEW DELHI: The Union Budget may have been a non-event from the m...