Deepak Nitrite Limited, a leading chemical manufacturer in India, announced a significant agreement with Petronet LNG for a 15-year supply of Propylene & Hydrogen. The supply will be provided to its subsidiary, Deepak Phenolics Limited, enhancing its operations in producing phenolic resins and various industrial applications. The company witnessed positive stock performance, opening higher and delivering a 6% return in one year. Financially, despite a growth in revenue, there was a slight decline in net profit. However, the company's market presence and performance in the phenolics business have helped mitigate global challenges. Deepak Nitrite Limited continues to strengthen its manufacturing capacity and market offerings through the supply of critical raw materials, contributing to its overall profitability.