Navin Fluorine Jumps Most In 16 Months After Q1 Results

The stock has moved above the 200-day simple moving average, indicating potential upward price momentum.

Navin Fluorine International Ltd.'s R&D facility. (Source: Company website)

Shares of Navin Fluorine International Ltd. jumped the most in 16 months after the company's revenue rose and margin expanded in the first quarter.

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The stock has moved above the 200-day simple moving average, indicating potential upward price momentum. Of the 24 analysts tracking the firm, 15 maintain a 'buy', seven suggest a 'hold' and two recommend a 'sell', according to Bloomberg data. The 12-month consensus price target implies an upside of -0.8%.

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WRITTEN BY
Bharath Rajeswaran
Bharath R is a senior website producer at BQ Prime. He tracks equity, curre... more
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