Share price of SRF falls as Sensex drops 867.56 points
SRF Ltd. dropped 0.04 per cent to Rs 2481.6 at 10:34AM (IST) in Thursday's trade. The scrip hit a high of Rs 2498.9 and low of Rs 2433.0 so far during the session. The stock had closed at Rs 2482.65 in the previous session.
The counter had a total traded volume of 10:34AM shares so far with a turnover of Rs 1.22 crore on BSE. The stock traded at a price-to-earnings multiple of 59.78 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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