Deepak nitrite bonus and stock split history
If someone would have invested Rs 1 lakh in Deepak Nitrite in 2010. What would present value?
Deepak Nitrite
Deepak Nitrite is one of the top chemicals manufacturers in india. The Deepak group around 50 years of rich heritage and legacy has been one of the earliest adopters of the ‘Make in India’ philosophy. Over the years it has been significant efforts to diversify group’s offering.
Some important key metrics of Deepak Nitrite
It is mid cap company
- Market cap. – 26,500 crore
- CMP (current market price) – Rs 2000
3.Dividend yield – 0.36%
Shareholding pattern of Deepak Nitrite
01 Promoters – 49.13%
02 MF (Mutual fund) – 7.30%
03 DII – 7.76%
04 FII – 7.72 %
05 Retail and others- 28.09%
Deepak Nitrite Bonus and stock split history
In 2010 value of one share of Deepak Nitrite is Rs 20 . If someone invested Rs 1 lakh in Deepak Nitrite he got 5000 shares. Let’s find out the present value of 5000 shares.
Deepak Nitrite bonus history
Deepak Nitrite one time bonus and one stock split
01 Bonus 1:1 (2014) – 10,000 shares
03 Stock split (face value 10 to 2) 2014 – 50,000 shares
In 2023 Deepak Nitrite convert your 5,000 share to 50,000 shares
Present value of 50,000 shares of Deepak Nitrite is Rs 100,000,000
Means Deepak Nitrite convert your Rs 1 lakh into Rs 10 crore
Time period – 12 years
CAGR of Pidilite industries is 29.97%
Note – Compounding is the 8th wonder of this world
Some interesting fact about DEEPAK Nitrite are
Deepak Nitrite launching new products, diversifying the buisness getting the prefect product mix and growth in exports. Backed by the govt’s support and policy change. Govt. focus on reduce import dependence and becoming ‘Atamnirbhar bharat’ . Deepak Nitrite is midcap company and Chemical export is growing very fast. So Deepak Nitrite has huge growth opportunities in future it will keep growing & keep rewarding it’s shareholders in future also.