A total of 249,629 shares changed hands on the counter till 12:02PM (IST)

The stock traded at a P/E multiple of 30.71, while the price-to-book value ratio stood at 2.55.

A total of 265,749 shares changed hands on the counter till 11:52AM (IST).

On the technical charts, the RSI of the stock stood at 46.06.

The company reported a consolidated net profit of Rs 83 crores for April – September 2022, an increase of 37 per cent compared to April – September 2021. Total revenue during the same period rose 34 per cent to Rs 272 crore.

A total of 17,433 shares changed hands on the counter till 11:36AM (IST)

The stock largely moved in a range on the weekly charts where Rs 200-215 acted as a stiff resistance while on the downside Rs 140-150 levels acted as strong support. It made a strong base around the support range.

The stock traded at a P/E multiple of 11.7, while the price-to-book value ratio stood at 1.06.

Deepak Nitrite Ltd., incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 30647.52 Crore) operating in Chemicals sector.