SRF shares rise 2.06 per cent in Tuesday's trading session

economictimes.indiatimes.com:

SRF Ltd. rose 2.06 per cent to Rs 2617.6 in Tuesday's trade as of 12:48PM (IST) even as the benchmark Nifty ruled at 22396.95, up 60.55 points.
The scrip had closed at Rs 2564.65 in the previous session. The stock quoted a 52-week low of Rs 2050.0 and a high of Rs 2687.35. The company quoted a market-cap of Rs 77707.77 crore on the BSE.

On BSE, 6,858 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 52.65 times its trailing 12-month EPS of Rs 49.79 per share and 6.93 times its book value. The return on equity (ROE) stood at Rs 20.93.
Key Financials For the quarter ended 31-Dec-2023, SRF Ltd. reported consolidated sales of Rs 3071.79 crore, down 11.72 per cent from the same quarter a year ago. The company reported 50.4 per cent YoY de-growth in net profit at Rs 253.43 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold 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 fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.