Why Deepak Nitrite share price jumped 9% after Q2 results - Profit and other highlights | Check rating, stock returns
NSE moved higher in a quarterly results development with 30 October in focus.
· LiveMint Markets
Deepak Nitrite shares opened at ₹1,580 per share on NSE today, as compared to previous close of ₹1,476 on Thursday and touched an intraday high of ₹1,615 apiece on 30 October.
Key facts
- Dates in focus
- 30 October
The analysis
NSE reported ₹1,580, ₹1,476 and ₹1,615, with movement of 9% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.9% on the day at ₹1,519.40, and has returned -7.6% over three months. It sits 19% below its 52-week high. The chemicals sector has moved -14.2% over the same period, so Deepak Nitrite is running 6.6 points ahead of its peers.
For Deepak Nitrite, the question is how much of this is already reflected in the price and how much re-rates the chemicals peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: Deepak Nitrite (DEEPAKNTR), in Chemicals.
- Over three months: Deepak Nitrite -7.6% against Chemicals -14.2% (6.6 points ahead).
- Trading well above normal today: Deepak Nitrite at 11.3 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Deepak NitriteDEEPAKNTR · Chemicals | ₹1,519.40 | +2.9% | -0.7% | -7.6% | -19.0% | 11.3× | — |
Chemicals
1M -10.6% · 3M -14.2%
Deepak Nitrite
Prices as of 30 Oct 2026, 15:45 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Reliance Industries Q2 results today: Can the old economy rescue the new Reliance?
Pidilite Industries reports 7% YoY growth in net profit to Rs 626 crore
Reliance Industries Q2 results 2026 date and time: Mukesh Ambani company's quarterly earnings schedule - Expectations
RIL Q2 Results Preview: Profit outlook brightens as O2C business set to drive growth
Jio Platforms shares to be available under MTF from Day 1. What should investors know?