SRF Ltd. Share Price Update:
In today’s trading, the share price of SRF Ltd. went down by 2.18% to Rs 2,323.15 at 10:15 AM IST. During the trading session, the stock reached a high of Rs 2,349.45 and dropped to a low of Rs 2,264.35. It closed at Rs 2,273.55 in the last session.
So far, about 10:15 AM shares have been traded, totaling Rs 1.26 crore on NiftyStat. The price-to-earnings (P/E) ratio for SRF Ltd. is 60.82, which means investors are expecting good future growth that’s why they are willing to pay more for each rupee of profit the company makes.
The price-to-book (P/B) ratio is 6.63. This ratio helps show how much value people see in the company even if it doesn’t grow much.
SRF Ltd. is part of the Diversified industry. As of September 30, 2024, promoters own 50.26% of the company. Foreign institutions (FIIs) own 18.3%, and domestic institutional investors hold 17.76%.
Key Financials:
For the quarter ending September 30, 2024, the company reported total sales of Rs 3,457.63 crore. This is slightly down by 0.91% compared to the last quarter’s sales of Rs 3,489.38 crore but up by 7.83% compared to Rs 3,206.48 crore from the same quarter last year. The company’s profit for this latest quarter is Rs 201.42 crore, which is a 33.03% increase from the same time last year.
from Business & Economy – TheLLV News – Truth, Trends & Insights https://ift.tt/0qvrcJD
via IFTTT
Comments
Post a Comment
If you liked this post please leave a comment otherwise provide your honest feedback so that we can improve our news blog magazine for you. 💞Thank You🥰🫰🙏