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Deepak Nitrite share price: Shares of Deepak Nitrite fell 15% to a 52-week low after the company reported a 51.5% year-on-year decline in Q3 net profit to Rs 98 crore. Revenue dropped 5.3% YoY due to weak demand, causing EBITDA to decline 44.7%, impacting operating margins significantly.
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We think that the FIIs selling is happening in India only. Actually, if you see figures across the board, you will see that it is happening across emerging markets.
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Trump and Modi, who share warm personal ties, met in the shadow of trade tensions complicating US-India relations.
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