India's Navin Fluorine International scales record high on Q4 profit rise

Navin Fluorine International

30/04/2026 05:21

** Shares of Navin Fluorine International NAFL.NS jump as much as 6.5% to a record high of 7,200 rupees

** Stock up for the sixth staright session

** Specialty chemicals maker's March-qtr consol profit more than doubles to 2.13 billion rupees ($22.39 million); rev from ops rises ~34% Y/Y

** Jefferies hikes PT on stock to 8,385 rupees from 7,800 rupees

** Brokerage says multi-year contracts in CDMO and agchem, potential ramp-up of data center cooling product and R32 capacity expansion provide visibility on earnings growth over FY27-28

** IDBI Capital says NAFL delivered a solid performance in Q4FY26 and company should exhibit strong profitability on strong tailwinds in all business verticals going forward

** Stock up 17.3% YTD

($1 = 95.1400 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))