SRF shares drop 2.34% as Sensex falls
SRF Ltd. traded 2.34 per cent down at Rs 2249.2 at 01:34PM (IST) on Thursday, even as BSE benchmark Sensex dropped 481.03 points to 81020.33. The stock had settled at Rs 2303.3 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 2697.45 and Rs 2081.25, respectively.
As per BSE data, total traded volume on the counter till 01:34PM (IST) stood at 01:34PM shares with turnover at Rs 4.54 crore.
At the prevailing price, the stock trades at 54.33 times its trailing 12-month EPS of Rs 41.45 per share and 6.63 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
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