Stock Market Today: SRF Ltd and Navin Fluorine share price skyrocketed up to 13% in the morning trades on Thursday. These two stocks have been gaining with rise in Global refrigerant Merchandise prices that is likely to boost their earnings.for these specialty chemical manufacturers
The rise comes after a major U.S. distributor with sizable quotas issued concerns about serious supply shortages for R32 and R125, two essential refrigerant gases. Global refrigerant Merchandise prices thereby are risng sharply .The HVAC (heating, ventilation, and air conditioning) sector, which depends largely on these gases for its operations, is facing difficulties as a result of these limitations.
