Highlights

• Deepak Nitrite shares declined more than 1 percent during Monday’s trading session.
• The stock remained volatile despite gains of nearly 27 percent over one month.
• Investors tracked chemical sector sentiment and recent price movement in the counter.

Shares of Deepak Nitrite Limited (NSE:DEEPAKNTR) traded lower during Monday’s trading session on the NSE. The stock was trading at INR 1,854.30 on May 11, 2026, down 1.12 percent from the previous close of INR 1,854.80. The stock opened at INR 1,865.00 and touched an intraday high of INR 1,895.00 before falling to a low of INR 1,814.30.

The counter witnessed active trading volumes of around 1.52 lakh shares, with traded value standing at nearly INR 28.24 crore. The company’s market capitalisation stood at approximately INR 25,291.36 crore during the session.

Source: TradingView

Business Overview

Incorporated in 1970, Deepak Nitrite Limited operates in the chemicals sector and manufactures basic intermediates, fine and speciality chemicals, performance products, and phenolics. The company caters to multiple industrial segments through its diversified product portfolio.

The stock is currently listed in the EQ series on the NSE and carries a face value of INR 2 per share. The applicable margin rate stood at 16.06 percent, while annualised volatility was recorded at 37.64 percent.

Monthly Gains Remain Elevated

Despite the decline in Monday’s trade, the stock has recorded gains of 26.86 percent over the past one month, outperforming the NIFTY 500 index return of 2.06 percent during the same period. However, the stock remained under pressure on a longer-term basis, with one-year returns showing a decline of 2.82 percent.

Deepak Nitrite shares have traded within a 52-week range of INR 1,280.00 to INR 2,174.00. The stock hit its 52-week low on March 30, 2026, while the 52-week high was recorded on May 19, 2025.

Source: NSE

Market Participants Monitor Sector Trends

Chemical sector stocks have remained in focus amid changing raw material costs, export demand conditions, and broader industrial activity trends. Investors also tracked recent momentum in speciality chemical counters following sharp movements in select stocks over the past month.

Risks For Investors

• Volatility in raw material prices may affect operating margins.
• Global demand slowdown could impact chemical sector growth.
• Higher market volatility may lead to sharp price fluctuations.
• Export-related challenges can affect revenue visibility.

Summary

Deepak Nitrite (NSE:DEEPAKNTR) shares declined more than 1 percent on May 11, 2026, despite recording strong gains over the past month. The chemical manufacturer remained in focus amid sector-wide volatility and investor tracking of speciality chemical stocks.

The company operates across intermediates, speciality chemicals, performance products, and phenolics segments while the stock continued to trade within a broad 52-week range.

FAQs

Q: What does Deepak Nitrite manufacture?

A: Deepak Nitrite manufactures intermediates, speciality chemicals, performance products, and phenolics for industrial applications.

Q: How much did Deepak Nitrite shares fall on May 11, 2026?

A: Deepak Nitrite shares declined 1.15 percent during Monday’s trading session on the NSE.

Q: What is the 52-week range of Deepak Nitrite shares?

A: The stock traded between INR 1,280.00 and INR 2,174.00 during the last 52 weeks.