SRF shares gain 1.43% as Sensex rises
SRF Ltd. traded 1.43 per cent up at Rs 2285.0 at 01:14PM (IST) on Tuesday, even as BSE benchmark Sensex gained 362.68 points to 66529.61.
The stock had closed at Rs 2252.75 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 2639.8 and Rs 2050.0, respectively.
As per BSE data, total traded volume on the counter till 01:14PM (IST) stood at 01:14PM shares with turnover at Rs 1.02 crore.
At the current price, the stock trades at 35.48 times its trailing 12-month earnings per share of Rs 64.56 per share and 6.93 times its price-to-book value, BSE 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.24.
Shareholding Details Promoters held 50.53 per cent stake in the company as of 30-Jun-2023, while FIIs owned 20.04 per cent and DIIs 13.58 per cent.
