Business & Investment

SRF shares: SRF shares rose 0.07% in Thursday trading session

In the transaction at 11:37 am (IST) on Thursday, even as a benchmark, Ltd. The stock price rose 0.07% to 2392.3 rupees. Nifty Dominance was 17221.10, up 7.5 points.

The scrip was closed at Rs2390.6 in the previous session. The stock quoted a 52-week low of 1026.63 rupees and a high of 2544.0 rupees. The company estimates a market capitalization of Rs 14144.2. BSE..

So far, 5,812 shares have been traded at the counter at BSE. At its prevailing price, the stock traded at Rs. 250.38 per share at 9.54 times its EPS for the last 12 months and 4.75 times its book value. Return on equity (ROE) was Rs 17.47.



Major finances

SRF Ltd. reported consolidated sales of 2850.09 chlores for the quarter ended September 30, 2021, an increase of 35.04% over the same period last year. The company reported that its most recent quarterly net profit increased by 21.34% year-on-year to Rs 382.45.

Technical indicators

The Relative Strength Index (RSI) of stock prices stood on Thursday. The RSI varies between 0 and 100. Traditionally, an RSI value above 70 is considered overbought and below 30 is considered oversold.

Analysts say the RSI index should not be viewed alone, just as fundamental analysts cannot give “buy” or “sell” recommendations using a single rating ratio.

SRF shares: SRF shares rose 0.07% in Thursday trading session

https://economictimes.indiatimes.com/markets/stocks/stock-watch/srf-shares-rise-0-07-per-cent-in-thursdays-trading-session/articleshow/88583195.cms SRF shares: SRF shares rose 0.07% in Thursday trading session

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