Share price of SRF as Sensex gains 3.35 points
SRF Ltd. 0.86 per cent to Rs 2251.00 at 10:43AM (IST) in Wednesday's trade. The stock hit a high of Rs 2275.00 and low of Rs 2224.70 so far during the session. The stock had closed at Rs 2231.80 in the previous session.
The counter had a total traded volume of 10:43AM shares so far with a turnover of Rs 0.31 crore on BSE. The stock traded at a price-to-earnings multiple of 59.20 and a price-to-book ratio of 6.63.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
SRF Ltd. belongs to the Diversified industry.
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