Navin Fluorine Share Price Today : Stock market sees a daily surge in various shares, and on January 9, 2025, there was news about the price hike of shares of Navin Fluorine and Surf, which saw a significant boom. Investors who traded in these stocks on January 9 benefited greatly, and for long-term investors, there’s more good news as the chances of further price hikes are high.
In this article, we will explain why the price hike occurred and provide details if you own or plan to buy these stocks in the future. This small news could be very important for you. Let’s begin today’s article and learn all the information related to Navin Fluorine Share Price Today.
Navin Fluorine Share Price Today Live
The Navin Fluorine Share Price Today saw a huge surge of 12%, with a boost of ₹335. As of 9:45 AM on January 9, the stock was trading at ₹3887, which is a 52-week high. Similarly, Surf’s stock was at ₹2636 and also saw a significant increase.
Several reasons have been attributed to the surge in stock prices, which we discuss in the article below.
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Navin Fluorine Share Price Today News
The Navin Fluorine Share Price Today hit a high because the company is expecting a boost in refrigerant gases, with an increase of $1 per kg. This will lead to a rise in the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) by ₹260 crore, and the company’s beta is expected to increase by ₹77 crore.
These shares have seen the highest increase in the past 52 weeks, and this 52-week high was captured today. Brokerage firms have noted this increase, and the expected $1 per kilogram increase will boost the domestic players in the refrigerant gases market. The company’s capacity is also quite large, and this is expected to increase further in the future.
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