 "Navin Fluorine International zooms as Q3 profit doubles")
Navin Fluorine International has surged 16% to Rs 760 on BSE in early morning trade after its net profit more than doubled to Rs 14.20 crore in the third quarter ended December 31, 2014 (Q3), on back of strong operational income.
The company engaged in commodity chemicals business had registered a profit of Rs 6.85 crore in the year ago quarter.
Net sales during the quarter under review grew 33% at Rs 146 crore against Rs 110 crore in the corresponding quarter of previous fiscal.
The stock opened at Rs 722 and touched a 52-week high of Rs 780 on BSE. A combined 48,460 shares changed hands on the counter till 0918 hours on BSE and NSE.
The company engaged in commodity chemicals business had registered a profit of Rs 6.85 crore in the year ago quarter.
Net sales during the quarter under review grew 33% at Rs 146 crore against Rs 110 crore in the corresponding quarter of previous fiscal.
The stock opened at Rs 722 and touched a 52-week high of Rs 780 on BSE. A combined 48,460 shares changed hands on the counter till 0918 hours on BSE and NSE.