SRF and NAVIN FLUORINE There is a strong bullishness today. EQUIRUS SECURITIES It is reported that an increase in refrigerant gas prices has been announced. Giving more details on this entire news, CNBC-Awaaz’s Yatin Mota said that US gas distributors have increased the prices of refrigerant gas. US gas distributors have increased the prices of refrigerant gas by up to 200 percent. IGas USA said supplies of R32 and R125 have been affected. IGas USA has announced a 200 percent price increase.
Equirus Securities Says that with an increase of $ 1 per kg in the price of R32, the EBITDA of SRF can reach Rs 260 crore and the EBITDA of Navin Flourine can reach Rs 77 crore. Due to this news, there is a strong rise in SRF and NAVIN FLOURINE today. Currently SRF is seen at Rs 2665 with an increase of Rs 315.60 i.e. 13.42 percent. Today its daily high is Rs 2,680 and 52 week high is Rs 2,693.95. The stock has a trading volume of 6,105,208 shares and a market cap of Rs 79,095 crore.
SRF has a capacity of 29,000 to 30,000 tonnes of R32, while Navin Flourine has a capacity of 4,500 tonnes of R32 and expects to add another 4,500 tonnes by February 2025. SRF also has a 7,000 tonne capacity of R1255.
SRF in last 1 week 19.88 percent have run. At the same time, it has increased by 15.83 percent in 1 month. This stock has fallen by about 14 percent in the last 3 months. At the same time, this stock has given returns of more than 19 percent so far in January. There has been an increase of 15.62 percent in 1 year. Whereas this stock has lost 7.14 percent in three years.
Budget 2025: Changes in Income Tax Act possible, changes in the budget making team before the budget
NAVIN FLUORINE Talking about its movement, this share is seen on NSE at the level of Rs 3918.75 with an increase of Rs 429.35 i.e. 12.29 percent. Today its daily high is Rs 4,017.10. At the same time, its 52 week high is Rs 4,017.10. The stock has gained 19.09 percent in 1 week and 11.75 percent in 1 month. It has given 11.75 percent return in 1 year.
Disclaimer: The views expressed on Moneycontrol.com are the personal views of the experts. The website or management is not responsible for this. Money Control advises users to seek the advice of a certified expert before taking any investment decision.