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SRF trades higher on the bourses

10 Aug 2017 Evaluate

SRF is currently trading at Rs. 1475.00, up by 38.45 points or 2.68% from its previous closing of Rs. 1436.55 on the BSE.

The scrip opened at Rs. 1436.55 and has touched a high and low of Rs. 1482.75 and Rs. 1425.90 respectively. So far 4,527 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1969.50 on 05-Oct-2016 and a 52 week low of Rs. 1352.15 on 18-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1587.00 and Rs. 1420.00 respectively. The current market cap of the company is Rs. 8,469.00 crore.

The promoters holding in the company stood at 52.38%, while Institutions and Non-Institutions held 29.05% and 18.58% respectively.

SRF has received an approval for setting-up a facility to produce specialty chemicals (P-33) for agro industry at SRF's Chemical Complex in Dahej, Gujarat at an estimated cost of Rs 85 crore. The Board of Directors at its meeting held on August 8, 2017 has approved for the same.

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.

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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