Archive · 17 Jun 2025
Navin Fluorine Shares Surge as Brokerages Back the Stock
Jefferies, a financial company, believes shares of Navin Fluorine, a chemical company, will continue to rise.
They expect this because of the company's investments in new projects.
Jefferies predicts a rise in the company's profits.
Another company, Morgan Stanley, is also optimistic about Navin Fluorine, increasing its rating and target price.
The stock price has recently hit a high, reflecting positive investor sentiment due to these positive assessments.
Jefferies maintains a 'Buy' rating on Navin Fluorine, setting a target price of ₹5,280.
The brokerage anticipates a 35% CAGR in EPS for Navin Fluorine from FY25-FY27 due to efficient asset turnover.
New contracts in Specialty Chemicals, CDMO, and High-Performance Products are expected to boost growth from FY28.
Morgan Stanley upgraded Navin Fluorine to 'Equal-weight' with a revised target of ₹4,160.
Navin Fluorine shares surged over 6% to hit a 52-week high.
- Who
- Jefferies and Morgan Stanley (brokerage houses) and Navin Fluorine International Ltd.
- What
- Jefferies and Morgan Stanley are bullish on Navin Fluorine International Ltd.
- When
- Jefferies expects earnings growth from FY25-FY27.
- Where
- India
- Why
- Due to strategic investments, contract pipeline, and improved sector outlook.
- Brokerage (Jefferies)
- Buy
- Target Price (Jefferies)
- ₹5,280
- Upside Potential
- 17%
- Morgan Stanley Rating
- Equal-weight
- Morgan Stanley Target
- ₹4,160
- Share Price Increase
- 6.2%
- 52-week High
- ₹4,792.30
