NSE: FLUOROCHEM | BSE: 542812

Mid-range Performer

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3387.10 1.20 (0.04%)

30.61% Fall from 52W High

73,258 NSE+BSE Volume

NSE 04 Sep, 2025 3:31 PM (IST)

37,207.3

Market Cap

High in industry

0.7

Beta 1Year

Very Low volatility

Gujarat Fluorochemicals Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for FLUOROCHEM, BSE:542812 Gujarat Fluorochemicals Ltd.

Gujarat Fluorochemicals Ltd.

08 Feb 2023

3387.10

0.04%

Fluoropolymer opportunity brightening

Buy: Gujarat Fluorochemicals Ltd.

Target

ICICI Securities Limited

Gujarat Fluorochemicals’ (GFL) Q3FY23 EBITDA at Rs5.2bn, up 64% YoY, was broadly in line with our estimates. We particularly like the decline in bulk chemical contribution to 20.1% of total revenues, and we believe this would further decline in tandem with increasing revenues from fluoropolymers and battery chemicals, which have durable high-growth potential over the next few years.

Gujarat Fluorochemicals Ltd. is trading below all available SMAs

Gujarat Fluorochemicals Ltd.

30 Jan 2023

3387.10

0.04%

TFE opportunity puts GFL in a strong position

Buy: Gujarat Fluorochemicals Ltd.

ICICI Securities Limited

Fluoropolymers business is likely to undergo a major shake-up from rising regulatory concerns due to use of PFAS class products. This could potentially lead to a huge opportunity for Gujarat Fluorochemicals (GFL) and address one of the key concerns on the company about durability of growth in fluoropolymers business.

Gujarat Fluorochemicals Ltd. is trading below all available SMAs

Gujarat Fluorochemicals Ltd.

26 Dec 2022

3387.10

0.04%

Fluoropolymers business is in a sweet spot

Buy: Gujarat Fluorochemicals Ltd.

ICICI Securities Limited

Gujarat Fluorochemicals’ (GFL) stock price has corrected 21% in the past one-month,
and 25% in the past three months while fundamentals remain robust with opportunities expanding.

Gujarat Fluorochemicals Ltd. is trading below all available SMAs

Gujarat Fluorochemicals Ltd.

20 Oct 2022

3387.10

0.04%

Strong outlook intact

Buy: Gujarat Fluorochemicals Ltd.

ICICI Securities Limited

Gujarat Fluorochemicals’ (GFL) Q2FY23 EBITDA at Rs5.4bn, up 16.8% QoQ / 81% YoY, was 7% above our estimates.

Promoters unpledged 0.65% of shares in last quarter. Total pledge stands at 0.71% of promoter holdings

Gujarat Fluorochemicals Ltd.

26 Sep 2022

3387.10

0.04%

Significant expansion in fluoropolymers; battery chemicals plant to go on-stream in next 6 months

Buy: Gujarat Fluorochemicals Ltd.

Target

ICICI Securities Limited

We hosted Gujarat Fluorochemicals (GFL) management for an investor meet in Mumbai.

Gujarat Fluorochemicals Ltd. is trading below all available SMAs

Gujarat Fluorochemicals Ltd.

02 Dec 2021

3387.10

0.04%

Fluoropolymer is core; battery chemicals is option value

Buy: Gujarat Fluorochemicals Ltd.

ICICI Securities Limited

We initiate coverage on Gujarat Fluorochemicals (GFL) with a BUY rating and target price of Rs3,086 (upside 50% from CMP). GFL is in a sweet spot with its presence in fluoropolymers, demand for which is increasing driven by the new-age verticals of battery, solar panel and green hydrogen.

Promoters unpledged 0.65% of shares in last quarter. Total pledge stands at 0.71% of promoter holdings

VOTE: Is Gujarat Fluorochemicals Ltd. worth buying?

96 Votes:

Buy 75.0%

Sell 15.62%

Hold 9.38%

RESEARCH REPORTS

Hold SEE REPORTS >

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Sell SEE REPORTS >

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