Navin Fluorine International lost 3.3% to Rs 733 at 12:07 IST on BSE, with the stock sliding on profit booking after recent rally.
Meanwhile, the S&P BSE Sensex was down 127.90 points, or 0.39% at 32,348.84. The S&P BSE Mid-Cap index was up 20.76 points, or 0.13% at 15,432.72.
On the BSE, 25,000 shares were traded on the counter so far as against the average daily volumes of 37,000 shares in the past two weeks. The stock had hit a high of Rs 764.75 and a low of Rs 720 so far during the day.
Shares of Navin Fluorine International had rallied 20.58% in the preceding six trading sessions to settle at Rs 758 yesterday, 2 August 2017, from its close of Rs 628.65 on 25 July 2017.
Navin Fluorine International's net profit rose 12.5% to Rs 49.11 crore on 38.5% increase in net sales to Rs 225.43 crore in Q1 June 2017 over Q1 June 2016.
Navin Fluorine International is the largest integrated specialty fluorochemical company in India.
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