Buy Navin Fluorine International, target price Rs 4440: JM Financial

JM Financial has buy call on Navin Fluorine International with a target price of Rs 4440. The current market price of Navin Fluorine International Ltd. is Rs 3919.1.

Time period given by analyst is one year when Navin Fluorine International Ltd. price can reach defined target. .
Navin Fluorine International Ltd., incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 19416.29 Crore) operating in Chemicals sector.


Navin Fluorine International Ltd. key Products/Revenue Segments include Chemicals, Sale of services, Export Incentives and Scrap for the year ending 31-Mar-2021.

Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 349.43 Crore, up 4.19 % from last quarter Total Income of Rs 335.39 Crore and up 6.35 % from last year same quarter Total Income of Rs 328.58 Crore. Company reported net profit after tax of Rs 63.22 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 30.2 per cent stake in the company as of 30-Sep-2021, while FIIs owned 28.5 per cent, DIIs 13.1 per cent.