New Delhi, Nov. 21 -- Navin Fluorine International Ltd has quietly staged one of the strongest rallies in the chemicals space this year, powered by a sharp turnaround in visibility across its core businesses-especially CDMO, which is emerging as the company's key growth engine.

The stock of of the specialty chemicals manufacturer hit a new 52-week high of Rs.6,168.50 earlier this week and is up nearly 80% in CY25 so far. The rally is fuelled by a stronger demand outlook and firm traction across all three business segments.

At a recent analyst meet, the management reiterated its target of reaching $100 million (around Rs.900 crore) in contract development and manufacturing organization (CDMO) revenue by FY28. In Q2FY26, the segment almos...