Navin Fluorine Shares Soar to Record High on Stellar Q3 Results, Analysts Positive

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CNBC TV18•10-02-2026, 09:19
Navin Fluorine Shares Soar to Record High on Stellar Q3 Results, Analysts Positive
- •Navin Fluorine International Ltd. shares hit a fresh record high after Q3 earnings, with analysts raising target prices and seeing up to 18% upside.
- •Q3 profit after tax (PAT) surged 122% to ₹185 crore, and revenue increased 47% to ₹892 crore.
- •EBITDA rose 109% to ₹308 crore, with operating margin expanding to 34.5%.
- •All segments showed strong growth: specialty chemicals up 60%, HPP up 35%, and CDMO up 61%.
- •Jefferies, Nuvama, and UBS maintain 'buy' ratings with raised targets, while Citi has a 'sell' rating.
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