SRF shares down 0.19% as Nifty gains
SRF Ltd. rose 0.19 per cent to Rs 2475.2 in Monday's trade. It hit an intraday high of Rs 2499.35 and low of Rs 2452.45, respectively, during the day.
The stock quoted a 52-week high price of Rs 2697.45 and low of Rs 2081.25.
As of 01:49PM (IST), the counter saw total traded volume of 2,467 shares with a traded value of Rs 0.61 crore, according to NSE.
The stock had closed at Rs 2480.0 in the previous session.
The scrip has advanced 5.74 per cent in the past one month till date, while the benchmark BSE Sensex has gained 0.51 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 60.3 while price-to-book ratio stood at 6.63. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Diversified industry.
Promoter/FII Holding Promoters held 50.26 per cent stake in the company as of 30-Jun-2024, while FII and MF ownership in the firm stood at 18.75 per cent and 8.44 per cent, respectively.
Key Financials The company reported consolidated 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. Its net profit for the latest quarter stood
