SRF share price up 0.4 per cent
A total of 3,035 shares changed hands on the counter till 11:06AM (IST).
Shares of traded 0.4 per cent up at Rs 2631.4 at around 11:06AM (IST) on Wednesday. The stock had closed at Rs 2620.7 in the previous session. Equity benchmark traded 5.99 points higher at 73909.9 around the same time. The scrip has climbed 11.36 per cent in the last one year till date, while the 30-share index has gained 26.94 per cent during the same period.
The stock's 52-week high price stood at Rs 2661.2 and the 52-week low price at Rs 2050.0.
Trading volume on the counter stood at 3,035 shares, while it quoted a price-to-earnings ratio of 52.72, an EPS value of 49.79 and a price-to-book value of 6.93. In the Nifty50 pack, 20 stocks traded in the green, while 30 stocks were in the red.
Promoter/FII Holding
Promoters held 50.53 per cent stake in the company as of 31-Dec-2023, while FII and mutual funds' ownership stood at 19.6 per cent and 7.81 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 3071.79 crore, down 4.2 per cent from the previous quarter's Rs 3206.48 crore and down 11.72 per cent from the year-ago quarter's Rs 3479.67 crore. The company reported net profit of Rs 253.43 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 2661.2 and the 52-week low price at Rs 2050.0.
Trading volume on the counter stood at 3,035 shares, while it quoted a price-to-earnings ratio of 52.72, an EPS value of 49.79 and a price-to-book value of 6.93. In the Nifty50 pack, 20 stocks traded in the green, while 30 stocks were in the red.
Promoter/FII Holding
Promoters held 50.53 per cent stake in the company as of 31-Dec-2023, while FII and mutual funds' ownership stood at 19.6 per cent and 7.81 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 3071.79 crore, down 4.2 per cent from the previous quarter's Rs 3206.48 crore and down 11.72 per cent from the year-ago quarter's Rs 3479.67 crore. The company reported net profit of Rs 253.43 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
