SRF Share Price: SRF Share Price Falls as Sensex Falls 867.56 Points

share price of SRF Ltd. fell 0.04 per cent to Rs 2,481.6 at 10:34 am (IST) in Thursday’s trade. The bond hit a high of Rs 2,498.9 and a low of Rs 2,433.0 so far in the session. The stock had closed at Rs 2,482.65 in the previous session.

The counter had a total traded volume of shares from 10:34 am till now with a turnover of Rs 1.22 crore in BSE. The stock was trading at a price-to-earnings multiple of 59.78 and a price-to-book ratio of 6.63.

A higher P/E ratio shows that investors are willing to pay a higher price for the per rupee earnings earned by the stock due to better future growth expectations.

Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are willing to pay even if the business does not grow.

SRF Ltd. belongs to the Diversified industry.


Promoter/Holding FII
The promoters held 50.26 per cent stake in the company as on June 30, 2024, while the ownership of foreign investors and domestic institutional investors stood at 18.76 per cent and 16.47 per cent. cent, respectively.

Key finances
The company reported consolidated sales of Rs 3,489.38 crore for the quarter ended June 30, 2024, down 2.89 per cent from Rs 3,593.13 crore in the previous quarter and down 4.16 per cent than Rs 3,350.14 crore in the year-ago quarter.

Its profits for the latest quarter amounted to Rs 252.22 million, down 29.8 percent from the same quarter a year earlier.

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