Iran-Israel-US war may disrupt chemical supply chains and raise prices, says Emkay Global. Brokerage advises investors to pick chemical stocks with lower Middle East exposure
Analysts remain upbeat on Navin Fluorine's outlook, citing strong growth in the CDMO business, robust demand for R32 and HFC-32, and a solid pipeline in specialty chemicals
Navin Fluorine stock jumped 5.6 per cent to an intra-day high of ₹6,965, before slipping into the negative zone on the NSE in Tuesday's trade even as the company's net profit more-than-doubled in Q3.
Navin Fluorine, Hitachi Energy India and Nykaa shares show strong bullish breakouts. Kunal Kamble of Bonanza recommends 'Buy' as he sees up to 26 per cent upside in stocks in near-term
Over the next three years, analysts expect the company's EPS to grow at a CAGR of 23 per cent, from ₹104 to ₹195
The stock price of Navin Fluorine, a specialty chemicals maker, was quoting higher for the third straight day, surging 9 per cent during the period.
MOFSL expect momentum to sustain in 2HFY26, supported by the stable pricing environment of refrigerant gases, robust order book pipeline, and higher realizations and volumes.