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SRF inches up on reporting 22% rise in Q1 consolidated net profit

10 Aug 2015 Evaluate

SRF is currently trading at Rs. 1421.50, up by 1.10 points or 0.08% from its previous closing of Rs. 1420.40 on the BSE.

The scrip opened at Rs. 1430.85 and has touched a high and low of Rs. 1445.00 and Rs. 1407.80 respectively. So far 9,225 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1495.55 on 05-Aug-2015 and a 52 week low of Rs. 598.00 on 08-Aug-2014.

Last one week high and low of the scrip stood at Rs. 1495.55 and Rs. 1373.10 respectively. The current market cap of the company is Rs. 8,162.00 crore.

The promoters holding in the company stood at 52.38% while Institutions and Non-Institutions held 28.07% and 19.55% respectively.

SRF has reported 6.10% rise in its net profit at Rs 105.54 crore for the quarter ended June 30, 2015 as compared to Rs 99.47 crore for the same quarter in the previous year. However, the company’s total income has decreased marginally by 0.06% to Rs 971.95 crore for the quarter under review from Rs 972.53 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 22.39% rise in its net profit after taxes, Minority Interest and Share of Profit/(Loss) of Associates of Rs 113.21 crore for the quarter ended June 30, 2015 as compared to Rs 92.50 crore for the same quarter in the previous year. Total income of the company has increased by 3.50% at Rs 1226.68 crore for quarter under review as compared to Rs 1185.21 crore for the quarter ended June 30, 2014.



Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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