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.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.