Share price of SRF falls as Nifty weakens

Share price of SRF falls as Nifty weakens
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Synopsis

A total of 20,236 shares changed hands on the counter till 01:46PM (IST).

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Shares of . slipped 2.55 per cent to Rs 2394.75 in Monday's trade as of 01:46PM (IST).

The stock hit a high price of Rs 2457.3 and low of Rs 2364.1 during the session.

The return on equity (ROE) for the stock stood at 22.05 per cent. Traded volume on the counter stood at 01:46PM shares and turnover at Rs 4.85 crore around that time.

The stock of SRF Ltd. quoted a 52-week high and 52-week low prices of Rs 2773.0 and Rs 1750.81, 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 50.73 per cent stake in the company as of 30-Jun-2022, while foreign investors held 19.21 per cent and domestic institutional investors had 9.36 per cent.

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.

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