Navin Fluorine Hits Record High on Stellar Q3 Results, Then Dips: What's Next?

• Navin Fluorine shares surged to a record high intraday after strong Q3 results, but closed down 4.12% at ₹6330.60.
• Net profit jumped 122% to ₹185 crore and revenue rose 47% to ₹892 crore in Q3 FY26.
• Operating profit increased 109% to ₹308 crore, with operating margin expanding from 24.3% to 34.5%.
• Jefferies issued a 'buy' rating, raising its target price to ₹7,800, citing strong CDMO contracts and growth prospects.
• Citi gave a 'sell' rating with a target price of ₹5,500, suggesting positive aspects are already priced into the stock.