Whalesbook
Deepak Nitrite shares have fallen nearly 30% this year, making it a laggard in the Nifty Chemicals index. Analysts remain cautious about its near-term performance, citing persistent oversupply in phenolics and weak demand for agro-linked intermediates. While long-term prospects are viewed positively due to significant capital expenditure plans, a quick turnaround is not expected, with underperformance potentially lingering into 2026. Investors seeking immediate returns may find better opportunities elsewhere, though long-term investors can consider gradual accumulation.