Navin Fluorine International rose 3.92% to Rs 770.30 at 11:17 IST on BSE, with the stock extending recent gains.
Meanwhile, the S&P BSE Sensex was down 17.61 points, or 0.05% at 32,557.56. The S&P BSE Mid-Cap index was down 57.87 points, or 0.37% at 15,400.44.
High volumes were witnessed on the counter. On the BSE, 55,000 shares were traded on the counter so far as against the average daily volumes of 16,483 shares in the past one quarter. The stock had hit a high of Rs 799 so far during the day, which is also its record high. The stock hit a low of Rs 744 so far during the day. The stock had hit a 52-week low of Rs 431 on 8 August 2016.
The stock had outperformed the market over the past one month till 1 August 2017, advancing 22.24% compared with the Sensex's 5.35% rise. The scrip had also outperformed the market over the past one quarter advancing 17.93% as against the Sensex's 8.88% rise. The scrip had also outperformed the market over the past one year advancing 62.3% as against the Sensex's 16.33% rise.
The mid-cap company has equity capital of Rs 9.85 crore. Face value per share is Rs 2.
Shares of Navin Fluorine International rose 22.53% in six trading sessions to its current market price of Rs 770.30, from a close of Rs 628.65 on 25 July 2017.
Navin Fluorine International's net profit rose 12.5% to Rs 49.11 crore on 38.5% increase in net sales to Rs 225.43 crore in Q1 June 2017 over Q1 June 2016.
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Navin Fluorine International is the largest integrated specialty fluorochemical company in India.
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