Stock Report VittNivesh

Equity Report #49

Deepak Nitrite Limited (DNL) is one of India’s rapidly growing chemical intermediates companies with diversified business in Basic Chemicals, Fine and Speciality and Performance Products. Established in 1970, DNL has entered into 50th glorious year as a key player in the industry. DNL occupies the whopping 70% Market share in Sodium Nitrite, Sodium Nitrate and Nitro Toulenes in India and it is among the top 3 global producers of Xylidines, Cumidines and Oximes.

Being an early adopter of ‘Atma Nirbhar Bharat’ vision, Deepak Nitrite did not suffer the harsh repercussions of the pandemic as the company managed to sail smoothly.

The profits in FY 20 has increased by multiple folds & numbers are quite impressive which indeed gave us a happy chemical rush.
And, we hope that the analysis gives you the same Dopamine boost!

Happy Reading!

Credits: Sahil ShahVrushali Jain
Guided by: Naveen Yadav

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6 comments on “Equity Report #49


    Really like the way the complete Analysis have been done. πŸ‘πŸ‘

    Liked by 2 people

  2. Sahil and Vrushali you both have done a great job both in terms of analysis and presentation.

    Liked by 3 people

  3. Great presentation Sahil and Vrushali!

    Liked by 3 people

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