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.
The buying interest on the counter came after the company announced its results for the first quarter of financial year 2025-2026 (Q1FY26).
Navin Fluorine shares rose over 3 per cent after the company announced the launch of its QIP to raise ₹750 crore
Navin Fluorine reported a revenue from operations of ₹700.94 crore in Q4 FY25, up 16.44 per cent year-on-year (Y-o-Y) from ₹601.95 crore in the year-ago period
The decline in chemical stocks followed the announcement of new tariffs by US President Donald Trump, who imposed a 27 per cent tariff on all imports from India
Stocks to Buy Today: Indian Hotels share price has turned up after breaking out from an bullish harami candlestick pattern on the daily chart
Chemical & fertiliser stocks rallied up to 30 per cent in June, thereafter, most of them corrected on account of profit-taking. Will the rally resume in July? Here's what the technical charts suggest.
Owing to the growth potential in the Indian chemical companies UBS has initiated coverage on four firms including PI Industries and Navin Fluorine International with 'Buy' ratings
The shares of Navin Fluorine ended 3.1% lower on the BSE to close the day at Rs 3,500.20 a piece
Valuations are rich and hence, the brokerage firm Motilal Oswal Financial Services said it maintain Neutral rating on the stock owing to limited upside.
In exchange filing, NFIL said Mr. Radhesh R. Welling has tendered his resignation as the Managing Director and a Director on the Board of the Company for personal reasons.
Stocks like Godrej Property can surge 15 per cent, where as Navin Fluoro can easily jump another 10 per cent provided it consecutively closes above Rs 4250
A larger correction is likely once the 16,782 supports are broken
VST Industries Limited, Suzlon Energy Limited, Sudarshan Chemical Industries Limited, Caplin Point Laboratories Limited, are reflecting upside on moving averages
India is emerging as a hub for specialty chemicals, helped by favorable policy measures.
However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety
Since the negative divergence of the Relative Strength Index (RSI) has not been able to dampen the upside bias, the inherit strength is growing stronger in Tata Chemicals, charts show
The company's Ebitda margins improved 323 basis points to 24.9 per cent from 21.7 per cent in previous year quarter
The company said the Covid-19 was unlikely to have any significant impact on its operations
The stock jumped 12% to Rs 1,683 on the BSE today, surpassing its previous high of Rs 1,629 touched on February 26, 2020.