Share price of SRF jumps as Sensex gains 361.31 points

economictimes.indiatimes.com:

SRF Ltd. gained 0.79 per cent to Rs 2528.1 at 11:47AM (IST) in Tuesday's trade. The counter has hit a high of Rs 2532.75 and low of Rs 2502.15 so far during the session. The stock had closed at Rs 2508.1 in the previous session.
The counter has had a total traded volume of 3351 shares so far with a value of Rs 0.85 crore on the NSE. It traded at a price-to-earnings multiple of 61.09 and a price-to-book ratio of 6.63.

A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 16.52 per cent during the past one year, while the 30-share index advanced 22.5 per cent during the same period.
SRF Ltd. belongs to the Diversified industry.
Promotor/FII Holding Promoters held 50.26 per cent stake in the company as of 30-Jun-2024, while overseas investors and domestic institutional investors ownership stood at 18.75 per cent and 8.44 per cent, respectively.
Key Financials The company reported consolidated net sales of Rs 3489.38 crore for the quarter ended 30-Jun-2024, down 2.89 per cent from the previous quarter's Rs 3593.13 crore and down 4.16 per cent from the year-ago quarter's Rs 3350.14 crore.
Profit for the latest quarter stood at Rs 252.22 crore, down 29.8 per cent from the same quarter a year ago.