SRF shares down 0.17% as Sensex falls
SRF Ltd. fell 0.17 per cent to Rs 2251.0 in Friday's session as of 12:12PM (IST) even as the equity benchmark Sensex traded 206.79 points lower at 65422.45.
Earlier in the day, the stock witnessed a gap down start to the session.
The stock quoted a 52-week high price of Rs 2639.8 and a 52-week low of Rs 2050.0 on NSE. Around 6315 shares changed hands on the counter till 12:12PM (IST).
The stock opened at Rs 2254.45 and has touched an intraday high and low of Rs 2254.45 and Rs 2230.0 during the session so far.
The stock quoted a price-to-earnings (PE) ratio of 34.58, earnings per share (EPS) of Rs 64.56 and price to book value (PB) of 6.93, while the return on equity (ROE) stood at Rs 20.93.
Promoter/ FII Holding
The promoters held 50.53 per cent stake in the company as of October 20, while FII and MF ownerships stood at 19.8 per cent and 7.39 per cent, respectively.
Key Financials With a market capitalisation of Rs 66178.32 crore, the company operates in the Diversified industry.
For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 3350.14 crore, down 11.85 per cent from the previous quarter?s Rs 3800.42 crore and down 14.2 per cent from the same quarter a year ago. The company reported net profit of Rs 359.29 crore for the latest quarter, down 40.91 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 45.16.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a
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