Kirloskar Industries, Navin Fluorine: SEBI RA Gunjan Kumar’s Top Stock Picks

Kirloskar Industries and Navin Fluorine shares are on the analysts’ radar, following their stellar performance in June. Kirloskar Industries shares have gained 11% and Navin Fluorine has risen 12% in the past month. 

SEBI-registered analyst Gunjan Kumar flagged these two stocks, driven by their strong fundamentals and technical breakouts. 

1. Kirloskar Industries 
Kirloskar Industries appeared to be undervalued, according to Kumar. The company manufactures industrial equipment such as engines, pumps, and compressors, operating in the power generation, agriculture, and fluid management sectors.

Due to India’s infrastructure push, there is a strong demand for these products, particularly for pumps and engines, in the agricultural and infrastructure sectors. This reflected in the company’s projections: Kirloskar Industries aims for steady annual revenue growth of 10-15%. 

Fundamentally, the company has reported its highest revenue in the last 13 quarters. Domestic Institutional Investors (DIIs) have also increased their stake in the most recent quarter. 

On the technical side, Kumar flagged a cup-and-handle breakout for Kirloskar Industries. He recommends watching the stock for sustained movement above ₹4,400, with support identified at ₹3,890,

Kirloskar Industries shares have fallen 7% year-to-date (YTD).

2. Navin Fluorine International

Kumar noted that Navin Fluorine International has seen both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) increase their stakes in the most recent quarter. Additionally, the company announced that it expected to achieve 12–15% annual growth, driven by new projects.

In the specialty chemicals sector, Navin Fluorine specializes in producing fluorochemicals, refrigerants, and inorganic fluorides. The company is also expanding its Contract Research and Manufacturing Services (CRAMS) segment and funding new capital expenditure (capex) projects. 

Fundamentally, Navin Fluorine has reported its highest revenue in the past thirteen quarters, with margins improving both quarter-on-quarter and year-on-year. 

On technical charts, Kumar has flagged a multi-year breakout, including a breakout from an inverted head-and-shoulders pattern, which is typically considered a bullish signal. He advised monitoring the stock for sustained movement above ₹4,900, with support identified at ₹4,650 on a closing basis.

Navin Fluorine shares have rallied 49% year-to-date (YTD).

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