Navin Fluorine International jumps after reporting robust Q1 results

Navin Fluorine International jumped 6.55% to Rs 1,240 at 12:20 IST on BSE after net profit jumped 113.48% to Rs 18.14 crore on 15.59% rise in total income to Rs 150.36 crore in Q1 June 2015 over Q1 June 2014.

The company announced results after market hours yesterday, 29 July 2015.

Meanwhile, the S&P BSE Sensex was up 220.29 points or 0.8% at 27,781.

On BSE, so far 16,259 shares were traded in the counter as against average daily volume of 5,121 shares in the past one quarter.

The stock hit a high of Rs 1,265, which is also a record high for the stock. The stock hit a low of Rs 1,205 so far during the day. The stock had hit a 52-week low of Rs 501 on 1 December 2014.

The stock had outperformed the market over the past one month till 29 July 2015, rising 22.05% compared with Sensex's 0.3% decline. The scrip had also outperformed the market in past one quarter, gaining 37.72% as against Sensex's 1.24% gain.

The mid-cap company has equity capital of Rs 9.77 crore. Face value per share is Rs 10.

Navin Fluorine International operates solely in chemicals business segment.

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