UBS raises Navin Fluorine target to ₹7,800 on strong margins
after close1 source ↓written by the desknot a recommendation
- Fluorine International
- ₹7,800
- to remain
- 30%
UBS has increased its target price for Navin Fluorine International to ₹7,800, citing robust Q3 performance and improved margins. All segments showed strong growth, particularly specialty chemicals. The brokerage anticipates ongoing capacity expansion will sustain growth, with annualized EBITDA margins expected to remain around 30%. Q4 momentum is projected to be strong, supported by seasonal trends.
Not investment advice. For informational purposes only.