Buy Navin Fluorine International, target price Rs 4640: HDFC Securities

HDFC Securities has buy call on Navin Fluorine International Ltd. with a target price of Rs 4640. The current market price of Navin Fluorine International is Rs 3632. 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 17933.28 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 31-03-2022, the company reported a Consolidated Total Income of Rs 421.34 Crore, up 9.03 % from last quarter Total Income of Rs 386.43 Crore and up 17.13 % from last year same quarter Total Income of Rs 359.73 Crore. Company reported net profit after tax of Rs 75.16 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 29.7 per cent stake in the company as of 31-Mar-2022, while FIIs owned 25.41 per cent, DIIs 16.37 per cent.