SRF rises 0.29% as Sensex slides
SRF Ltd. traded at Rs 2446.1 on BSE at 12:02PM (IST) on Monday, up 0.29 per cent from previous close.
The stock quoted a 52-week low price of Rs 2050.0 and a high of Rs 2636.65.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 3,161 lakh shares changed hands on the counter till 12:02PM (IST).
The stock of SRF Ltd.
commanded a market value of Rs 72419.55 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 41.78, while the price-to-book value ratio stood at 6.93. Return on equity (ROE) was at 20.93 per cent, according to exchange data.
In the BSE500 pack, 333 stocks traded in the green, while 168 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.24.
Promotor/FII Holding Promoters held 50.53 per cent in SRF Ltd.
as of 30-Sep-2023 while foreign portfolio investors and domestic institutional investors owned 19.79 per cent and 7.39 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2346.93 on December 18, while the 50-DMA was at 2315.39. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
