# Navin Fluorine shares hit record high after profit doubles

2026-08-06T14:08:14+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Navin Fluorine International’s shares rose 14% to Rs 8,648 in intraday trade after the specialty chemicals maker reported a strong June-quarter performance. Consolidated net profit doubled to Rs 243.31 crore from Rs 117.16 crore a year earlier, while operating revenue grew 44.1% to Rs 1,045 crore. EBITDA rose 72% to Rs 357 crore, with the margin reaching 34.2%. LiveMint reports that Axis Securities raised its target to Rs 8,600 and JM Financial to Rs 9,000. NDTV Profit names Jefferies and Citi as the brokerages that lifted targets. Analysts cited capacity additions, CDMO growth and new projects, but their estimates remain conditional on execution and demand.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/double-hikes-jefferies-citi-raise-navin-fluorines-target-price-on-q1-beat-new-capex-initiatives-11872356>
- livemint.com <https://www.livemint.com/market/stock-market-news/navin-fluorine-shares-jump-14-to-record-high-as-analysts-stay-bullish-lift-target-price-after-q1-11786007717400.html>

Tags: broker targets, capital expenditure, Navin Fluorine, quarterly results
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