Business Standard

Navin Fluorine advances after good Q1 result

Image

Capital Market

Navin Fluorine International rose 4.64% to Rs 657.80 at 09:46 IST on BSE after net profit increased 12.51% to Rs 49.11 crore on 38.46% rise in net sales to Rs 225.43 crore in Q1 June 2017 over Q1 June 2016.

The result was announced after market hours yesterday, 25 July 2017.

Meanwhile, the S&P BSE Sensex was up 50.11 points or 0.16% at 32,278.38. The S&P BSE Mid-Cap index rose 63.91 points or 0.42% at 15,376.51.

On the BSE, 14,000 shares were traded on the counter so far as against the average daily volumes of 13,143 shares in the past one quarter. The stock had hit a high of Rs 670 and a low of Rs 635.20 so far during the day. The stock had hit a 52-week high of Rs 686.80 on 13 July 2017 and a 52-week low of Rs 431 on 8 August 2016.

 

The mid-cap company has equity capital of Rs 9.85 crore. Face value per share is Rs 2.

Navin Fluorine International is the largest integrated specialty fluorochemical company in India.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 26 2017 | 9:46 AM IST

Explore News