Shares of Deepak Nitrite Ltd (DNL) crashed as much as 10 percent to hit a lower circuit of Rs 2,014 on February 14 after the company’s third-quarter results revealed a sharp decline in net profit and revenue, raising investor concerns over growth prospects.The chemical manufacturing company reported a 51.5 percent year-on-year drop in net profit for the third quarter of FY25, with earnings falli...

The benchmark indices nosedived on February 3, with the Nifty 50 declining 0.5 percent. The market breadth was also in favor of the bears, as a total of 1,931 shares were under pressure against 649 shares that advanced on the NSE. As long as the market defends the midline of Bollinger Bands, the trend may remain in favor of bulls despite Monday's profit booking. Below are some trading ideas for th...

Action replaySmart money has burnt its fingers in Zee more than once, but that can’t stop them from fishing for bargains in the stock from time to time. Renowned value investor Howard Marks of Oaktree Capital believes that at a price every asset has some value to offer. Some of the big boys of Dalal Street agree. It is not clear if they are betting on Zee finding a new suitor. The stock has quie...

Recognizing industry-leading metrics and top-quartile returns, Morgan Stanley anticipates Deepak Nitrite to outperform further as new investments yield results and earnings improve.Shares of Deepak Nitrite surged nearly 7 percent to hit a record high of Rs 2,619.80 on NSE after Morgan Stanley double-upgraded the stock to "overweight" from its earlier rating of "underweight."The international broke...

Promoters and company insiders wanting to buy or sell shares before a qualified institutional placement, or QIP, may have to be a tad more watchful given a recent guidance by the Securities and Exchange Board of India (Sebi) in this regard.Deepak Nitrite, which manufactures chemical intermediates, had sought guidance from Sebi on whether the promoter and promoter entities could buy shares of the c...