Hold Navin Fluorine International, target price Rs 4650: Anand Rathi

Anand Rathi has hold call on Navin Fluorine International with a target price of Rs 4650. The current market price of Navin Fluorine International is Rs 4438.2.

Navin Fluorine International Ltd., incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 21977.18 Crore) operating in Chemicals sector.

Navin Fluorine International Ltd. key Products/Revenue Segments include Chemicals, Sale of services, Scrap and Export Incentives for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 408.43 Crore, down -3.06 % from last quarter Total Income of Rs 421.34 Crore and up 21.78 % from last year same quarter Total Income of Rs 335.39 Crore. Company reported net profit after tax of Rs 74.45 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 29.7 per cent stake in the company as of 30-Jun-2022, while FIIs owned 23.35 per cent, DIIs 18.86 per cent.