Navin Fluorine International Limited
SBI Mutual Fund increased its stake in Navin Fluorine International, buying 578,029 shares to raise its holding from 3.80% to 4.93%. The value of the additional shares is approximately ₹473.23 crore based on the current share price of ₹8187.00.
A specialty chemicals manufacturer, Navin Fluorine International produces refrigeration gases, inorganic fluorides, and specialty organofluorines for global markets. The company operates an extensive portfolio of over 50 fluorinated compounds developed through decades of research and technical expertise. It also provides contract research and manufacturing services to pharmaceutical and chemical industries, with integrated operations that distinguish it within the specialty chemicals sector.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.