Navin Fluorine International Ltd board recommends final dividend of Rs 6
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Navin Fluorine International Ltd reports consolidated PAT of Rs 73 22 crore in Q4FY21
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Basic materials stocks were trading with gains, with the S&P BSE Basic Materials index increasing 70.62 points or 1.44% at 4990.72 at 09:49 IST. Among the components of the S&P BSE Basic Materials index, Hindustan Copper Ltd (up 7.26%), Sunflag Iron & Steel Company Ltd (up 7.18%),Tata Steel BSL Ltd (up 7.17%),Vedanta Ltd (up 5.6%),Grauer & Weil (India) Ltd (up 5.56%), were the top gainers. Among the other gainers were Vikas Wsp Ltd (up 4.87%), National Aluminium Company Ltd (up 4.52%), Insecticides India Ltd (up 4.52%), Gravita India Ltd (up 4.5%), and Tata Steel Ltd (up 3.82%). On the other hand, Polyplex Corporation Ltd (down 2.74%), Navin Fluorine International Limited (down 2.63%), and Deepak Nitrite Ltd (down 2.45%) turned lower.
Future Market Insights: Increasing Application in Fluorochemicals to Push Hydrofluoric Acid Sales: FMI
With strict regulatory policies implemented on usage of hydrofluorocarbons, manufactures are focusing on advanced and alternative technologies for the production of hydrofluoric acid.
DUBAI, UAE / ACCESSWIRE / April 21, 2021 / The global hydrofluoric acid market grew at a moderate paced until 2020. In 2021, the market is forecast to gain from the rising demand for aqueous hydrofluoric acid, evaluates ESOMAR-certified consulting firm, Future Market Insights. According to the report, the global hydrofluoric acid market is expected to exceed the mark of US$ 5.73 Bn by 2031.
According to the study, the market is expected to gain from the increasing use of hydrofluoric acid in the production of fluorocarbons. Applications of fluorochemicals in several end-use industries such as chemicals, pharmaceutical and healthcare is fuelling the demand. Usage of fluorochemicals as solvents, refri