SRF Ltd. Shares Update: What You Need to Know!
In New Delhi, SRF Ltd.’s shares went up by 0.16% on Friday morning at 11:26 AM. About 492 shares were traded. The stock opened at Rs 2267.25 and reached a high of Rs 2277.40 and a low of Rs 2263.15 during the day. Right now, the highest price for SRF shares in the last year was Rs 2697.45, while the lowest was Rs 2088.55.
As for the company’s total market value, it stands at Rs 67,205.44 crore. In the last quarter, which ended on September 30, 2024, SRF made about Rs 3,457.63 crore in sales, which is just a little less than the Rs 3,489.38 crore from the previous quarter, but a good bit higher than last year’s Rs 3,206.48 crore. They earned a net profit of Rs 201.42 crore, which is 33.03% more than the same time last year.
Looking at the ownership, by September 30, 2024, domestic investors held a 9.8% stake in the company, while foreign investors owned 18.29%, and the promoters had 50.26%.
In terms of valuation, the stock is trading at a price-to-earnings ratio of 59.51 and a price-to-book ratio of 6.63. A high P/E ratio means people believe the company will grow more in the future, while the price-to-book value shows how much people are willing to pay for the company, even if it doesn’t grow.
SRF Ltd. operates in the Diverse Industry.
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