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    SRF shares drop 0.1% as Sensex rises

    Synopsis

    A total of 3,000 shares changed hands on the counter till 01:46PM (IST)

    Tech View
    Analysts see 15,900 to continue to pose as the immediate resistance.
    Shares of the SRF Ltd. traded at Rs 2298.8 on BSE at 01:46PM (IST) on Tuesday, down 0.1 per cent. The stock quoted a 52-week low price of Rs 2050.0 and a high of Rs 2864.35.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at 35.63 times its trailing 12-month EPS of Rs 64.56 per share and 6.93 times its book value, as per BSE data.

    A total of 3,000 shares changed hands on the counter till 01:46PM (IST). The stock commands a market value of Rs 68180.67 crore and is part of the Diversified industry.

    The scrip has been an underperformer , down 3.94 per cent in the past one year in comparison with a 9.46 per cent gain in Sensex.

    During the day, the stock moved between Rs 2317.45 and Rs 2293.0.

    Promoter/FII Holding
    Promoters held 50.53 per cent in the company as of 30-Jun-2023. FII and MF ownership in SRF Ltd. stood at 20.03 per cent and 7.29 per cent, respectively.
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