Share price of SRF falls as Nifty strengthens

Shares of SRF Ltd. slipped 0.12 per cent to Rs 2308.2 in Monday's trade as of 01:03PM (IST).

The stock hit a high price of Rs 2319.2 and low of Rs 2301.0 during the session.

The return on equity (ROE) for the stock stood at 20.93 per cent. Traded volume on the counter stood at 01:03PM shares and turnover at Rs 208.0 crore around that time.


The stock of SRF Ltd. quoted a 52-week high and 52-week low prices of Rs 2864.35 and Rs 2050.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.24.

Promotor/FII Holding
Promoters held 50.53 per cent stake in the company as of 30-Jun-2023, while FIIs held 20.04 per cent and domestic institutional investors had 13.58 per cent.

Key Financials
The company reported consolidated sales of Rs 3350.14 crore for the quarter ended 30-Jun-2023, down 11.85 per cent from previous quarter's Rs 3800.42 crore and down 14.2 per cent from the year-ago quarter's Rs 3904.57 crore.

Net profit after tax for the latest quarter stood at Rs 359.29 crore, down 40.91 per cent from the same quarter a year ago.