On Monday, at around 12:15 PM (IST), shares of SRF Ltd. were priced at Rs 2253.40, down by 0.28%. The stock had a tough start today, opening lower than yesterday. So far, 1,362 shares have been traded, amounting to Rs 0.31 crore.
Currently, SRF’s Price-to-Earnings (P/E) ratio is 59.13, and its Price-to-Book (P/B) ratio is 6.63. The company has a Return on Equity (ROE) of 11.63%. During the day, the stock reached a high of Rs 2267.00 and dropped to a low of Rs 2239.15. Over the past year, SRF’s highest price was Rs 2697.45, and the lowest was Rs 2088.55.
The stock has a beta value of 1.2428, which means its price changes a bit more than the overall market.
Looking at technical indicators, SRF’s 200-day Moving Average (DMA) is Rs 2403.63, and the 50-day DMA is Rs 2268.41. When a stock is priced above both these averages, it usually indicates that the price may go up. If it’s below, it’s a sign that the stock may drop in value. But if it’s between the two, the price could go in either direction.
The Relative Strength Index (RSI) sits at 44.2. This indicates that the stock isn’t currently considered overbought or oversold since values above 70 mean it might be overbought, and below 30 suggests it’s oversold.
Finally, as of September 30, 2024, the promoters own 50.26% of the company, Foreign Institutional Investors (FIIs) have 18.3%, and domestic institutional investors hold 17.76%. Keep an eye on SRF’s stock for any updates!
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