Navin Fluorine International has a long-term stock forecast of Rs. 4,823. This is an upside of 1.58% from its current price of Rs. 4,748.00 as of May 12, 2023.
The highest stock price for Navin Fluorine International was Rs. 4,899.95 in April 2023.
While some estimates suggest the stock could go all the way to Rs. 5,500, the average target for Navin Fluorine is Rs. 4,823 – a 1.58% increase from its current price of Rs. 4,748.00 as of May 12, 2023. However, Motilal Oswal maintains its target price of Rs. 4,700 for Navin Fluorine.
Navin Fluorine has managed to reinvest its capital with good returns. The company's latest earnings report showed growth exceeding the industry average while its debt is also well-covered by its earnings. The earnings have grown 16% in the last five years. Long-term investors have received up to 560% returns on their investments, showing consistent growth over a 5-year period.
The Navin Fluorine Board is expected to meet on 13 May 2023 to announce the dividend and audited results. The last dividend payout date was November 3, 2022. However, they declare dividends more than once a year – sometime in November and before that in July or August. They have also declared dividends in March on some occasions.
Navin Fluorine is being recognised as a high-flying stock, having turned Rs. 10,000 to Rs. 9 lakh in 10 years. Furthermore, it recently commenced operations in its new multi-purpose plant in Dahej, Gujarat to enable strong and sustainable growth.