SRF shares gain 2.31% as Sensex rises
A total of 17,830 shares changed hands on the counter till 01:29PM (IST)
Shares of traded 2.31 per cent up at Rs 2653.05 at 01:29PM (IST) on Wednesday, even as benchmark gained 287.7 points to 74971.4. The stock had closed at Rs 2592.9 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 2687.2 and Rs 2050.0, respectively.
As per BSE data, total traded volume on the counter till 01:29PM (IST) stood at 01:29PM shares with turnover at Rs 4.73 crore.
At the prevailing price, shares of the company trades at 52.17 times its trailing 12-month EPS of Rs 49.79 per share and 6.93 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.24.
Shareholding Details
Promoters held 50.53 per cent stake in the company as of 31-Dec-2023, while FIIs owned 19.6 per cent and DIIs 14.37 per cent.
Source: Stocks-Markets-Economic Times
