The share price of . gained 1.74 per cent to Rs 2521.75 at 01:14PM (IST) in Tuesday’s trade. The scrip has hit a high of Rs 2544.0 and low of Rs 2484.3 so far during the session. The stock had closed at Rs 2478.65 in the previous session.
The counter has had a total traded volume of 7224 shares so far with a value of Rs 1.81 crore on the NSE. It traded at a price-to-earnings multiple of 35.5 and a price-to-book ratio of 9.3.
A higher P/E ratio shows 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 9.1 per cent during the past one year, while the 30-share index slipped -1.37 per cent during the same period.
SRF Ltd. belongs to the Diversified industry.
Promotor/FII Holding
Promoters held 50.73 per cent stake in the company as of 30-Jun-2022, while FIIs and domestic institutional investors ownership stood at 19.21 per cent and 9.18 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 3904.57 crore for the quarter ended 30-Jun-2022, up 9.78 per cent from the previous quarter’s Rs 3556.65 crore and up 43.91 per cent from the year-ago quarter’s Rs 2713.18 crore.
Profit for the latest quarter stood at Rs 608.0 crore, up 53.82 per cent from the same quarter a year ago.
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