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Gujarat Fluorochemicals Ltd

  • Gujarat Fluorochemicals Limited (GFL) is an Indian Chemicals Company with over 30 years of expertise in Fluorine Chemistry. GFL holds domain expertise in Fluoropolymers, Fluoro Specialities, Refrigerants and Chemicals. Fluoropolymer are used automobiles, telecommunications and healthcare. Only Fluoropolymer producer in India and amongst the top few globally. Major supplier of Fluoropolymers to Europe and USA.
  • Products segment

Other Chemicals – 35.30%, Poly Tetrafluoroethylene – 31.20%, Refrigerant Gases – 13%, Chloromethane               – 11.80%, Caustic Soda – 8.70%

  • Deliveries are nearly constant on monthly basis.
  • MF has increased holding in Nov-21. Promoter decreases stake by 0.7% and FII increase stake by 1%, DII decreased it by 2.70% since last year. Insider sell continue from 15-Nov-21.
  • STAGE 2 started in April-21 and it is continue till date.
  • Daily chart:2546 is major resistance and first support broke 2203 with trendline also.price has been stopped at 2099 which is 50 ema.Next support would be 1823.