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Deepak Nitrite Q4 Results: On May 20, 2024, Deepak Nitrite released its Q4 results. YoY, the earnings grew by 8.55% and the topline by 8.4%. The profit climbed by 25.64% and the sales increased by 5.82% from the previous quarter.
Selling, general, and administrative costs climbed 19.91% year over year and by 4.18% on a quarterly basis. Operating income climbed 8.93% year over year and by 27.19% on a quarterly basis.
For Q4, the EPS was ₹14.36, a 16.25% year-over-year decline. In the past week, Deepak Nitrite has produced a return of 1.79%, over the last six months, a return of 17.66%, and a return of 1.85% year-to-date.
Cumulative finances of Deepak Nitrite
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Deepak Nitrite’s market capitalization is at ₹34468.57 Cr, with a 52-week high and low of ₹2619.8 & ₹1900.2, respectively. One analyst has issued a Strong Sell rating, two have issued a Sell rating, three have issued a Hold rating, seven have issued a Buy recommendation, and two have issued a Strong Buy rating as of May 21, 2024, out of the fifteen analysts that have covered the firm.
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