Navin Fluorine shares up 3% as Q3 net profit soars 122% to Rs 185 crore

Following an exceptional December quarter, Navin Fluorine International witnessed a significant leap in its stock prices. The firm announced a noteworthy surge in both net profit and revenue, highlighting enhanced operational performance marked by elevated EBITDA and improved margins. Growth was particularly notable across High-Performance Products, Specialty Chemicals, and CDMO markets.

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Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation

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