SRF shares drop 0.5% as Sensex falls

SRF shares drop 0.5% as Sensex falls
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 7,314 shares changed hands on the counter till 10:56AM (IST)

Reuters
Stocks in focus: RIL, Tata Motors, Infosys, IIFL Securities, Apollo Hospitals, Punjab National Bank, NBCC and more..
Shares of . traded 0.5 per cent down at Rs 2442.1 at 10:56AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 214.55 points to 57921.81. The scrip had closed at Rs 2454.3 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2773.0 and Rs 1730.39, respectively.

As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 10:56AM shares with turnover at Rs 1.79 crore.

At the current price, the stock trades at 34.39 times its trailing 12-month EPS of Rs 70.9 per share and 9.3 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 50.73 per cent stake in the company as of 30-Jun-2022, while FIIs owned 19.21 per cent and DIIs 9.36 per cent.
Experience Your Economic Times Newspaper, The Digital Way!

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on SRF Ltd.. Explore Now