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Deepak Nitrite Share Price Review Analysis

Deepak Nitrite is a large mid cap company which started its journey from small cap.  Today the Market capitalization of Deepak Nitrite is of Rs 24432 crores.

Deepak Nitrite Sales sale in March Quarter 2021 increased to Rs 1461 as compared to the December 2020 where it stands up to Rs 1235 crores.  Deepak Nitrite Operating Profit in March Quarter 2021 increased to Rs 455 as compared to the December 2020 where it stands up to Rs 335 crores.  Deepak Nitrite Profit Before Tax in March Quarter 2021 increased to Rs 390 as compared to the December 2020 where it stands up to Rs 290 crores.  Deepak Nitrite Net Profit in March Quarter 2021 increased to Rs 290 as compared to the December 2020 where it stands up to Rs 217 crores.  Deepak Nitrite EPS (Earning Per Share) in March Quarter 2021 increased to Rs 2.11 as compared to the December 2020 where it stands up to 2.63.

If we see the performance of Deepak Nitrite is awesome and its Sale, Operating Profit, PBT [Profit Before Tax], Net Profit as well as EPS [Earning Per Share] is increasing every quarter and quarter basis.

Here we have a Strong Buy Call for the Target Price of Rs 2200 in a span of 4 months.

And one more I would like to add one could add Deepak Nitrite in their Investment Portfolio as well and if any one holds Deepak Nitrite for a period of 2 years definitely he/she could  make double money i.e. capital investment would become double.

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