NSE: DEEPAKNTR · 30 October 2026
- Deepak Nitrite Ltd. shares are trading higher by 2.95% at ₹1,520.00, moving within a day's range of ₹1,504.70 and ₹1,614.10 after opening at ₹1,580.00.
- Deepak Nitrite reported its highest-ever quarterly performance for Q2 FY2027, with consolidated total income rising 61% year-on-year to ₹3,091 crore and EBITDA increasing 187% year-on-year to ₹643 crore. Profit after tax surged by 235% year-on-year to ₹398 crore, driven primarily by robust margins and strong throughput in the phenolics segment. For the half-year period ended September 30, 2026, cumulative revenue reached ₹5,682 crore alongside an EBITDA of ₹1,197 crore.
- Trading volume was 22.38 times the 20-day average daily volume.
Why is Deepak Nitrite share price rising on 30 October 2026?
Deepak Nitrite Ltd. shares are trading higher by 2.95% at ₹1,520.00, moving within a day's range of ₹1,504.70 and ₹1,614.10 after opening at ₹1,580.00.
While the broader Nifty index advanced 0.51%, sector sentiment diverged as the Nifty Metal benchmark dipped by 0.54%. Deepak Nitrite's upward movement outpaced the wider market index, supported by positive near-term momentum reflected in a 5-day return of 5.06%, despite a minor decline of 0.64% over the preceding 20 trading days.
The ongoing price action coincides with strong recent corporate updates, notably the company's financial results for the quarter and half year ended September 30, 2026, which reported a record consolidated total income of ₹3,091 crore and an EBITDA of ₹643 crore. While these earnings results provide broader fundamental context for the stock, the session's movement also reflects ongoing reactions to its recent commissioning of a chlorination and specialty chemical plant at Dahej.
44.70 lakh shares traded by 30 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 2.00 lakh shares (22.38 times). The five-day average daily volume was 2.22 lakh shares. Separately, the NSE report for 29 October 2026 showed 96,089 shares delivered, representing 51.83% of that day’s traded volume. The same report recorded 16,564 trades.
The stock's 2.95% gain and higher-than-average volume align with positive market sentiment following the company's record-breaking Q2 FY27 financial results and the recent commercial commissioning of its Dahej manufacturing plant.
Latest Company Developments
Deepak Nitrite reported its highest-ever quarterly performance for Q2 FY2027, with consolidated total income rising 61% year-on-year to ₹3,091 crore and EBITDA increasing 187% year-on-year to ₹643 crore. Profit after tax surged by 235% year-on-year to ₹398 crore, driven primarily by robust margins and strong throughput in the phenolics segment. For the half-year period ended September 30, 2026, cumulative revenue reached ₹5,682 crore alongside an EBITDA of ₹1,197 crore.
Demonstrates substantial operational expansion and profitability growth across key business segments amidst challenging global supply chain dynamics.
Deepak Chem Tech Limited, a wholly owned subsidiary of Deepak Nitrite, commenced commercial manufacturing operations at its new chlorination and specialty chemical plant along with utilities and infrastructure at Dahej, Bharuch, in Gujarat. The total capital expenditure incurred for this facility stood at approximately ₹300 crores at the time of commencement.
Expands the company's manufacturing footprint and enhances capacity in specialty chemicals to support long-term revenue growth.
Deepak Chem Tech Limited issued and allotted 80,00,000 9% Optionally Convertible Redeemable Preference Shares at ₹100 each, aggregating to ₹80 crores, to Deepak Phenolics Limited. The fund infusion is intended to strengthen the capital base of the subsidiary and support ongoing project expenditures and general corporate purposes.
Reinforces internal financial structuring and capital allocation for ongoing subsidiary-level expansion projects.
General Updates- Q2 & H1 FY2027 Results Presentation
Deepak Nitrite Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 11.98% on 30 September 2026. This compares with 11.45% on 30 June 2026, a change of +0.53 percentage points.
The filing reported 24 MF/UTI holders.
What to Watch Next
- Execution progress and revenue contribution from the newly commissioned Dahej chlorination and specialty chemical plant
- Management commentary and demand trends discussed during the Q2 FY27 earnings conference call
- Volume and delivery participation trends relative to the 20-day average volume
- Segmental performance and input cost management within Advanced Intermediates and Phenolics divisions
More Deepak Nitrite news and dated analysis →
Frequently Asked Questions
What is the latest Deepak Nitrite company news?
Deepak Nitrite reported its highest-ever quarterly performance for Q2 FY2027, with consolidated total income rising 61% year-on-year to ₹3,091 crore and EBITDA increasing 187% year-on-year to ₹643 crore. Profit after tax surged by 235% year-on-year to ₹398 crore, driven primarily by robust margins and strong throughput in the phenolics segment. For the half-year period ended September 30, 2026, cumulative revenue reached ₹5,682 crore alongside an EBITDA of ₹1,197 crore.
How strong was Deepak Nitrite’s trading volume?
44.70 lakh shares traded, 22.38 times the 20-day average daily volume. The price and volume data are dated 30 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.