Buy Navin Fluorine, says Rajesh Agarwal

Published on Thu, Oct 20, 2011 at 14:11 |  Source : CNBC-TV18

Updated at Thu, Oct 20, 2011 at 14:36  

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Buy Navin Fluorine, says Rajesh Agarwal

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Buy Navin Fluorine , says Rajesh Agarwal of Eastern Financiers

Agarwal told CNBC-TV18, "Navin Fluorine can be bought with a stop loss of Rs 360 and target of Rs 390. This company belongs to Arvind Mafatlal Group and is one of the largest companies in fluorochemicals."

He further added, "It's one of the largest players in carbon credits also and this company has also reported robust numbers yesterday with around 144% jump in revenue and around 962% jump in PAT. They have also announced Rs 8.50 as interim dividend hence we recommend a buy with a target of Rs 390."

  

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