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SRF trades higher on the bourses

06 Apr 2016 Evaluate

SRF is currently trading at Rs. 1290.55, up by 59.65 points or 4.85% from its previous closing of Rs. 1230.90 on the BSE.

The scrip opened at Rs. 1236.30 and has touched a high and low of Rs. 1300.00 and Rs. 1231.40 respectively. So far 10083 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. 899.05 on 13-May-2015.

Last one week high and low of the scrip stood at Rs. 1334.50 and Rs. 1227.30 respectively. The current market cap of the company is Rs. 7280.92 crore.

The promoters holding in the company stood at 52.38% while Institutions and Non-Institutions held 28.64% and 18.98% respectively.

SRF, an intermediate chemicals manufacturer and a leader in refrigerant gases, has received its board's approval for setting up of a pilot plant to manufacture next generation refrigerant gas, HFO 1234yf. The breakthrough initiative will make SRF the first technology developer outside US and Europe for manufacture of HFO 1234yf, which is expected to find increasing use in car air-conditioning systems globally in future.

By venturing to develop its own process through strong and proven in-house R&D capabilities in refrigerant gases and high value fluorine based products, SRF Ltd has further reinforced its expertise and demonstrated its leadership in this niche domain. The in-house technology will also allow SRF to manufacture, brand and sell HFO 1234yf in India and in global markets and also develop other HFO refrigerants in future. The capex for setting up a pilot facility for HFO 1234yf is a milestone step in SRF’s journey towards becoming an R&D based chemical manufacturer at the world stage.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

SRF Share Price

2771.90 52.50 (1.93%)
07-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3867.35
Tata Chemicals 804.70
SRF 2771.90
Pidilite Inds. 1451.20
Deepak Nitrite 1854.70
View more..

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