Navin Fluorine is trading higher by nore than 6% in trade today. The company had announced its earnings for the quarter ended December 31, 2019 on Monday. The Q3FY20 results of the company witnessed a rise on all fronts.
The comapny's revenue for the quarter under review rose 11.4% yoy to Rs260.5cr. Net profit came in higher by 17.6% yoy to Rs45.4cr. The company's EBITDA increased 26.2% yoy to Rs65.5cr. Margins for the quarter under review stood at 25.1% vs. 22.2% reported in the corresponding quarter previous year.
Stock view:
Navin Fluorine International Limited is currently trading at Rs1,169 up by Rs64.95 or 5.88% from its previous closing of Rs1,104.05 on the BSE.
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