Shares of SRF and Navin Fluorine surged 14% on Thursday after a report highlighted a sharp rise in global refrigerant gas prices. Supply constraints for key gases like R32 and R125 are creating challenges for the HVAC industry.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization