Deepak Nitrite (DEEPAKNTR) Share Price Falls 2.23% Today; What Drove the Move?

Published:   24 September 2026 at 1:49:12 PM IST

Deepak Nitrite Share Price fell today, with the stock closing at Rs 1,599.35 against the previous close of Rs 1,635.75. The move took the company’s market capitalisation to Rs 21,985.88 crore and placed today’s decline at 2.23%. In Deepak Nitrite Share Price Today coverage, the key point is simple: the data confirms a same-day fall, but it does not establish a company-specific catalyst. The stock news therefore needs to be read through the day’s price action, valuation profile and Chemicals sector context. Univest is tracking this move as part of its broader Deepak Nitrite Stock News coverage, where verified numbers matter more than assumptions.

The session opened at Rs 1,635.7, matched the day’s high at Rs 1,635.7, and slipped to a day’s low of Rs 1,599.35. Turnover stood at Rs 1.31 crore. The current Deepak Nitrite Share Price sits within a Large Cap context, which makes the day’s move relevant for stock performance watchers, but the price fall itself should be assessed only from the figures supplied here. Univest focuses on the verified move, the valuation backdrop and the peer set rather than on unsupported explanations.

Deepak Nitrite (DEEPAKNTR) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,599.35
Previous Close	Rs 1,635.75
Today's Move	-Rs 36.40 (-2.23%)
Open	Rs 1,635.7
High	Rs 1,635.7
Low	Rs 1,599.35
Turnover	Rs 1.31 crore
Market Capitalisation	Rs 21,985.88 crore
Market Cap Category	Large Cap

Deepak Nitrite Share Price Today showed a clear downward session. The stock opened at Rs 1,635.7, which was also the day’s high, and then moved to a low of Rs 1,599.35 before ending at that same level. Compared with the previous close of Rs 1,635.75, the stock declined by Rs 36.4 or 2.23%. That makes today’s decline measurable and easy to place against the rest of the session.

The turnover was Rs 1.31 crore, which is a factual traded-value reading for the day. On a market-cap basis, Deepak Nitrite stands at Rs 21,985.88 crore and falls under the Large Cap category supplied in the data. For readers scanning Deepak Nitrite Share News, the important point is that the move was built entirely inside a narrow intraday range, with the opening and high matching exactly. Deepak Nitrite Share Price movement today therefore reflects a full-day drift lower from the opening level to the low. The verified record confirms the price event, while the data itself does not establish a company-specific trigger. That makes the next layer of analysis a review of the stock’s longer-run valuation and sector positioning.

Deepak Nitrite (DEEPAKNTR) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 21,985.88 crore
P/E Ratio	28.48x
P/B Ratio	3.61x
ROE	9.81%
ROCE	11.58%
EPS	Rs 57.43
Book Value Per Share	Rs 453.24
Dividend Yield	0.46%

Deepak Nitrite Fundamental Analysis starts with valuation and earnings power. The stock’s P/E ratio is 28.48 and its P/B ratio is 3.61. The company’s EPS is Rs 57.43, book value is Rs 453.24 per share and dividend yield is 0.46%. These figures help frame the Deepak Nitrite Share Price even when the day’s move is driven by no publicly stated event in the supplied data.

Profitability metrics also matter. ROE stands at 9.81% and ROCE at 11.58%, which provide a return profile that can be compared with the Chemicals sector benchmark later in this article. Deepak Nitrite Share Price Today should be read alongside these numbers because they show the company’s current market valuation and the returns it is generating on equity and capital employed. Univest uses this kind of stock analysis to keep Deepak Nitrite Stock News grounded in measurable fundamentals rather than speculation. The market capitalisation of Rs 21,985.88 crore shows the scale of the business, while the dividend yield of 0.46% offers a factual income reference. Taken together, these numbers give context to the share price fall without turning that movement into a forecast or rating.

Sector and Industry Context

Metric	Value
Sector	Chemicals
Industry	Chemicals
Benchmark Scope	same industry
Company P/E Ratio	28.48x
Benchmark Median P/E	26.35x
Benchmark Average P/E	51.25x
Benchmark P/E Range	5.16x to 754.66x
Company P/B Ratio	3.61x
Benchmark Median P/B	2.09x
Benchmark Average P/B	3.12x
Company ROE	9.81%
Benchmark Median ROE	7.72%
Benchmark Average ROE	-2.95%
Company ROCE	11.58%
Benchmark Median ROCE	9.86%
Benchmark Average ROCE	11.45%
Company Market Capitalisation	Rs 21,985.88 crore
Benchmark Median Market Cap	Rs 433.93 crore
Benchmark Average Market Cap	Rs 5,347.62 crore

Deepak Nitrite operates in the Chemicals sector and Chemicals industry. The benchmark scope for the supplied comparison set is the same industry, with 179 companies in the sector snapshot. Against that backdrop, the company’s P/E of 28.48 is above the benchmark median of 26.35 and below the benchmark average of 51.25. Its P/B of 3.61 is above the benchmark median of 2.09 and above the benchmark average of 3.12. These are direct comparison points for Deepak Nitrite Share Price analysis.

The company’s ROE of 9.81% is above the benchmark median of 7.72%, while ROCE of 11.58% is above the benchmark median of 9.86% and slightly above the benchmark average of 11.45%. The sector snapshot also shows market capitalisation data across 179 companies, with a median of Rs 433.93 crore and an average of Rs 5,347.62 crore. Deepak Nitrite’s Rs 21,985.88 crore market cap sits well above both figures. For Deepak Nitrite Share Price Today readers, this comparison matters because it places the company among the larger names in a broad Chemicals universe. Univest views this as a valuation and sector-context story, not a claim about future direction.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Solar Industries India	SOLARINDS	1,80,844.37	89.61	25.73	32.49	38.16
Pidilite Industries	PIDILITIND	1,59,966.35	60.98	13.97	24.29	32.38
SRF	SRF	75,117.01	34.83	5.1	13.8	14.21
Gujarat Fluorochemicals	FLUOROCHEM	49,324.85	79.85	6.12	7.65	9.58
Navin Fluorine International	NAVINFLUOR	43,296.87	54.9	10.32	20.24	21.39

Deepak Nitrite Share Price can be compared with a peer set that includes Solar Industries India, Pidilite Industries, SRF and Navin Fluorine International. Deepak Nitrite’s P/E of 28.48 is below Solar Industries at 89.61, Pidilite at 60.98 and Navin Fluorine at 54.9, but close to SRF at 34.83 and above the Chemicals benchmark median. That gives the stock a middle-to-upper valuation profile within the peer group.

On return metrics, Deepak Nitrite’s ROE of 9.81% is below SRF at 13.8, Navin Fluorine at 20.24, Pidilite at 24.29 and Solar Industries at 32.49. Its ROCE of 11.58% is also below SRF at 14.21, Navin Fluorine at 21.39, Pidilite at 32.38 and Solar Industries at 38.16. In market-cap terms, Deepak Nitrite at Rs 21,985.88 crore is below all four peers shown here but remains a sizable company in the Chemicals space. This peer view gives Deepak Nitrite Stock Analysis a direct comparative frame without adding unsupported commentary.

Why Investors Are Watching Deepak Nitrite

• Deepak Nitrite Share Price fell 2.23% today, with the close at Rs 1,599.35.
• The stock opened at Rs 1,635.7 and touched the same level as its day’s high before moving to Rs 1,599.35.
• Turnover for the session was Rs 1.31 crore.
• The company’s market capitalisation stands at Rs 21,985.88 crore and it is classified as a Large Cap.
• Valuation stands at a P/E of 28.48, P/B of 3.61, ROE of 9.81% and ROCE of 11.58%.

About Deepak Nitrite

Deepak Nitrite operates in the Chemicals sector and Chemicals industry. The supplied company-level data places it within a Large Cap context and gives a market capitalisation of Rs 21,985.88 crore. In this stock news note, the company is discussed through verified market, valuation and peer figures only. Deepak Nitrite Share Price is therefore being tracked here as part of broader Deepak Nitrite Share Price Today coverage on Univest, with a focus on facts that can be checked against the supplied dataset.

Track Deepak Nitrite Share Price on Univest

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Track Deepak Nitrite Share Price on Univest for live share price updates, company news, fundamental ratios, shareholding pattern, 52-week levels and market insights. Univest also keeps Deepak Nitrite Share Price Today coverage aligned with verified market data, so readers can follow the stock news flow, valuation context and peer comparison in one place.

Frequently Asked Questions

Why did Deepak Nitrite Share Price fall today?

Ans.  The supplied data confirms that Deepak Nitrite Share Price fell 2.23% today, but it does not establish a company-specific catalyst. The stock closed at Rs 1,599.35 after opening at Rs 1,635.7.

What is Deepak Nitrite Share Price today?

Ans.  Deepak Nitrite Share Price today is Rs 1,599.35. That compares with the previous close of Rs 1,635.75, reflecting a decline of Rs 36.4 during the session. The previous close was Rs 1,635.75.

What is Deepak Nitrite’s market capitalisation?

Ans.  Deepak Nitrite’s market capitalisation is Rs 21,985.88 crore. The stock is classified as a Large Cap in the supplied data, which provides company-size context for today’s share price fall. The company operates in the Chemicals sector.

How is Deepak Nitrite valued on earnings and book value?

Ans.  Deepak Nitrite has a P/E ratio of 28.48 and a P/B ratio of 3.61. Its EPS is Rs 57.43 and book value is Rs 453.24 per share, which helps frame valuation.

How does Deepak Nitrite compare with Chemicals sector benchmarks?

Ans.  Deepak Nitrite’s P/E of 28.48 is above the sector median of 26.35, while its ROE of 9.81% and ROCE of 11.58% are also above the benchmark medians in the same industry set.

Which peers are useful for Deepak Nitrite Share Price comparison?

Ans.  Useful peers in the supplied set are Solar Industries India, Pidilite Industries, SRF and Navin Fluorine International. Their valuation and return metrics provide a direct comparison for Deepak Nitrite Stock News readers.