Jefferies raises Navin Fluorine target to Rs 9,405
In short
Jefferies kept a Buy rating on Navin Fluorine International and lifted its target price to Rs 9,405. It pointed to CDMO, R32 and the Chemours project, and said it expects 23% EPS growth a year through FY29. The company’s Q1FY27 profit more than doubled to Rs 243 crore.
This matters because the broker is signaling more upside for the stock. The reporting does not say how the company or the market reacted.
What the reporting says
Jefferies raised its price target on Navin Fluorine International to Rs 9,405 and kept a Buy rating, citing growth prospects in CDMO, R32 and the Chemours project. The brokerage also said it expects a 23% EPS CAGR through FY29, while the company’s Q1FY27 profit more than doubled year-on-year to Rs 243 crore. The immediate takeaway is a more bullish valuation view; the source does not state any company response.
Why it matters
Jefferies kept a Buy rating on Navin Fluorine International and raised its target to Rs 9,405, citing CDMO, R32 and the Chemours project. The brokerage’s 23% EPS CAGR view through FY29 and the reported Q1FY27 profit of Rs 243 crore frame the optimistic stance. The source does not state the share price move, management response, or whether the target change altered market trading.