India's Navin Fluorine sees worst day in nearly 2 years on MD exit

Navin Fluorine International

29/09/2023 05:19

** Shares of Navin Fluorine  NAFL.NS  fall as much as 13.9%
to 3,752.8 rupees, biggest pct fall since Oct. 20, 2021
    ** Co says Managing Director Radhesh R. Welling resigned
    ** Welling will be relieved from the services of co
effective Dec. 15, 2023
    ** More than 405,543 shares traded by 09:35 a.m. IST, vs
3.1x the 30-day avg
    ** Analysts covering the stock on average have a "buy"
rating; median PT is 5,160 rupees - LSEG data
    ** Including session's fall, NAFL down 5% YTD


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))