According to the brokerage, Navin Fluorine’s transition from a capital expenditure phase to a cash flow-driven, asset-heavy model is paying off, with key projects entering the ramp-up stage and driving an improvement in RoIC.
According to the brokerage, Navin Fluorine’s transition from a capital expenditure phase to a cash flow-driven, asset-heavy model is paying off, with key projects entering the ramp-up stage and driving an improvement in RoIC.