Fri, Dec 18, 2020
Navin Fluorine announced Rs 1.95 bn capex in agro and pharma, expected to be funded through internal accruals and debt. The multi-purpose plant at its wholly-owned subsidiary, Navin Fluorine Advanced Sciences, at Dahej, Gujarat, is expected to be commissioned in H1 FY23, with 1.4x asset turnover. Navin Fluorine expansion would help launch products of complex fluorinated chemistry and strengthen customer relations. Anand Rathi upgrades rating to Buy with a higher target of Rs 3000, valuing the stock at 34x FY23e EPS, earlier Rs 2500.
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Wed, Sep 28, 2016
Apurva Parekh, Director of Pidilite Industries said, “ We look at WD-40 Multi-Use Product as synergistic with our overall strategy to introduce larger ranges of products for this segment to better serve the need of customers and consumers. We aim to significantly expand distribution and awareness of this product”
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