shares surged to a record high buoyed by strong quarterly earnings and fresh capital expenditure announcements.
Investor sentiment turned positive after the company reported a sharp rise in standalone net profit for the quarter ended September 2025 to ₹134.01 crore from ₹50.05 crore in the same quarter last year, reflecting strong operational performance and improved margins.
Revenue from operations soared nearly 46 per cent to ₹562.37 crore in the quarter under review compared to ₹385.82 crore in the year-ago period.
In a move to reward shareholders, the board declared an interim dividend of ₹6.50 per share. The record date has been fixed as November 7, 2025.
The company also announced major expansion initiatives. The board approved a capital expenditure of ₹236.50 crore to set up an additional hydrofluorocarbon (HFC) capacity of up to 15,000 MTPA (R32 equivalent) at its Surat unit.
In addition, approved funding of ₹75 Crore for debottlenecking of multi purpose olant facility at Dahej by its wholly owned subsidiary, Navin Fluorine Advanced Sciences Ltd.
At 11.25 am, the stock zoomed 16.36 per cent to ₹5,790, hitting a 52-week high of ₹5,814.30 on the BSE.