SRF stock price up 0.19 per cent as Sensex climbs
SRF Ltd. rose 0.19 per cent to Rs 2416.1 at 12:22PM hours (IST) on Tuesday.
Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 12,707 shares with a turnover of Rs 307.0 crore till 12:22PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 37.43, while the price-to-book value ratio stood at 6.93.
Return on equity (ROE) was at 20.93 per cent, according to exchange data.
The stock hit an intraday high of Rs 2431.0 and a low of Rs 2407.4 during the session and quoted a 52-week high price of Rs 2864.35 and a 52-week low of Rs 2050.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.24.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 2329.01 on September 05, while the 50-DMA was at Rs 2267.73. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 72.76.
The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2023, promoters held 50.53 per cent stake in the company, while foreign institutional investors held 20.04 per cent and domestic institutional investors had 13.58 per cent.
