External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Navin Fluorine International / Equity Bottom-Up

<ul><li>We retain our BUY rating on Navin Fluorine International Ltd (NFIL) with a target price of INR 5,471 on the back of (1) earnings visibility, given long-term contracts (2) tilt in sales mix towards better margin products (3) capacity expansion-led growth and (4) strong R&amp;D infrastructure</li><li>The stock is currently trading at 29x FY25E EPS.</li><li>We recently visited Navin Fluorine Advanced Sciences Ltd’s (NFASL, a wholly-owned subsidiary of NFIL) plant which is spread over ~75 acres of land in Dahej, Gujarat.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We retain our BUY rating on Navin Fluorine International Ltd (NFIL) with a target price of INR 5,471 on the back of (1) earnings visibility, given long-term contracts (2) tilt in sales mix towards better margin products (3) capacity expansion-led growth and (4) strong R&amp;D infrastructureThe stock is currently trading at 29x FY25E EPS.We recently visited Navin Fluorine Advanced Sciences Ltd’s (NFASL, a wholly-owned subsidiary of NFIL) plant which is spread over ~75 acres of land in Dahej, Gujarat.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Navin Fluorine International: Well-oiled machine. Maintain BUY