NEW DELHI: Shares of . traded 0.73 per cent up in Wednesday’s trade at 01:30PM (IST). Around 12,135 shares changed hands on the counter.

The stock opened at Rs 2566.05 and touched an intraday high and low of Rs 2592.95 and Rs 2535.6, respectively, in the session so far. Shares of the company of SRF Ltd. quoted a 52-week high of Rs 2864.35 and a 52-week low of Rs 1975.0.

Total market cap of the SRF Ltd. stood at Rs 76605.57 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 3904.57 crore for the quarter ended 30-Jun-2022, up 9.78 per cent from previous quarter’s Rs 3556.65 crore and up 43.91 per cent from the year-ago quarter’s Rs 2713.18 crore.

The net profit for latest quarter stood at Rs 608.0 crore, up 53.82 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2022, DIIs held 9.18 per cent stake in the company, while foreign institutional investors held 19.21 per cent and the promoters 50.73 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 36.45 and a price-to-book ratio of 9.3. 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.

SRF Ltd. belongs to the Diversified industry.


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By Dipak

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