As of 1:24 PM (IST) on Wednesday, SRF Ltd.’s shares were priced at Rs 2499.25, showing a drop of 2.91% from the previous day. This is while the BSE Sensex, a major stock market index, fell by 89.34 points to reach 75,927.7. Just yesterday, the SRF shares were worth Rs 2574.35.
Looking back at the past year, SRF’s shares hit a high of Rs 2697.45 and a low of Rs 2088.55. So far, by 1:24 PM, 1945 shares had been traded, totaling Rs 0.50 crore.
When we look at how much people are willing to pay for SRF, it has a price-to-earnings (P/E) ratio of 65.37. This means investors expect good growth in the future. The price-to-book value is 6.63; this number shows what investors consider the company is worth, even if it doesn’t grow much.
SRF’s volatility, measured by its Beta value, is 1.2428, indicating that it moves more than the market.
Who Owns SRF?
As of December 31, 2024, the company has 50.26% of its shares owned by promoters, while foreign investors hold 18.36%, and domestic investors have 9.6%.
What Do the Charts Say?
Looking at technical charts, the relative strength index (RSI) for SRF is 56.23. Generally, if the RSI is above 70, the stock could be considered overbought, and if below 30, oversold. But remember, don’t rely on just this information alone when deciding to buy or sell.
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