SRF shares down 0.38% as Nifty gains
A total of 7,953 shares changed hands on the counter till 01:08PM (IST).
NEW DELHI: Shares of traded 0.38 per cent down in Thursday's trade at 01:08PM (IST). Around 7,953 shares changed hands on the counter.The scrip opened at Rs 2294.2 and touched an intraday high and low of Rs 2308.85 and Rs 2274.1, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 2697.45 and a 52-week low of Rs 2050.0.
Total market cap of the . stood at Rs 68005.78 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3593.13 crore for the quarter ended 31-Mar-2024, up 16.97 per cent from previous quarter's Rs 3071.79 crore and up 5.45 per cent from the year-ago quarter's Rs 3800.42 crore.
The net profit for latest quarter stood at Rs 422.21 crore, down 24.93 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 8.38 per cent stake in the company, while foreign institutional investors held 19.09 per cent and the promoters 50.3 per cent.
Valuation ratio
According to data, the stock traded at a price-to-earnings multiple of 50.91 and a price-to-book ratio of 6.63. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
. belongs to the Diversified industry.
Source: Stocks-Markets-Economic Times
