'Buy' Navin Fluorine Shares Says Axis Securities As Valuations Turn Attractive Post Recent Price Correction

Axis Securities believe the stock is attractively valued post the recent price correction and recommend a Buy rating, sees an upside of 10% from the current market price.

A healthy order book provides strong revenue visibility in the near to medium term for Navin Fluorine International.  (Source: Ivan Samkov/Pexels)

These medium-term recommendations are crafted by the fundamental research team of Axis Securities, ensuring a rigorous analysis of developments around the company. Please note that Axis Punch recommendations may differ from its long-term company recommendations. Key investment rationale and risks are clearly highlighted in stock ideas.

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Axis Securities Report

Navin Fluorine International Ltd. is looking to expand its capacity while simultaneously striving to optimise utilisation levels, boost productivity, and improve operational efficiency across all segments.

A healthy order book provides strong revenue visibility in the near to medium term. With ongoing capacity additions, upcoming molecule launches, and expected collaborations in the contract development manufacturing organisation segment, the company is well-positioned for robust growth in FY26 and FY27.

We believe the stock is attractively valued post the recent price correction and recommend a Buy rating on the stock with a target price of Rs 5,140/share, implying an upside of 10% from the current market price.

Click on the attachment to read the full report:

Axis Securities Navin-Fluorine-International Update.pdf
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Also Read: 'Buy' Inox Wind Shares For Potential Upside Of 35% Says Axis Securities

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