Navin Fluorine gains for third straight day; stock hits fresh all-time high

The stock has rallied 32% in past two months, as compared to 6% rise in the benchmark S&P BSE Sensex

Shares of Navin Fluorine International were trading higher for the third straight day, up 2 per cent at Rs 960 in intra-day trade on Monday after the company announced a capex plan of Rs 450 crore at Dahej through a wholly-owned subsidiary, which is to be incorporated.

The stock has rallied 8 per cent in the past three trading days, as compared to 1.5 per cent rise in the benchmark S&P BSE Sensex. In the past two months, it rallied 32 per cent against 6 per cent gain in the benchmark index.

On December 12, Navin Fluorine said