Share price of SRF rises as Nifty strengthens

economictimes.indiatimes.com:

SRF Ltd. gained 0.95 per cent to Rs 2194.3 in Friday's trade as of 11:17AM (IST).

The stock hit a high price of Rs 2206.4 and low of Rs 2178.7 during the session. The return on equity (ROE) for the stock stood at 20.93 per cent.

Traded volume on the counter stood at 11:17AM shares and turnover at Rs 233.0 crore around that time. The stock of SRF Ltd.

quoted a 52-week high and 52-week low prices of Rs 2864.35 and Rs 2082.15, respectively. The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.24.Promotor/FII Holding Promoters held 50.53 per cent stake in the company as of 31-Mar-2023, while overseas investors held 18.52 per cent and domestic institutional investors had 14.79 per cent.Key Financials The company reported consolidated sales of Rs 3800.42 crore for the quarter ended 31-Mar-2023, up 9.22 per cent from previous quarter's Rs 3479.67 crore and up 6.85 per cent from the year-ago quarter's Rs 3556.65 crore.