Share price of SRF falls as Nifty strengthens
A total of 3,486 shares changed hands on the counter till 11:46AM (IST).
Shares of slipped 0.72 per cent to Rs 2618.3 in Monday's trade as of 11:46AM (IST).The stock hit a high price of Rs 2669.4 and low of Rs 2611.65 during the session.
The return on equity (ROE) for the stock stood at 20.93 per cent. Traded volume on the counter stood at 11:46AM shares and turnover at Rs 0.93 crore around that time.
The stock of quoted a 52-week high and 52-week low prices of Rs 2687.35 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 50.3 per cent stake in the company as of 31-Mar-2024, while FIIs held 19.09 per cent and domestic institutional investors had 15.89 per cent.
Key Financials
The company reported consolidated sales of Rs 3071.79 crore for the quarter ended 31-Dec-2023, down 4.2 per cent from previous quarter's Rs 3206.48 crore and down 11.72 per cent from the year-ago quarter's Rs 3479.67 crore.
Net profit after tax for the latest quarter stood at Rs 253.43 crore, down 50.4 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
