SRF surges on starting trial production of Thin BOPET film line

18 Jun 2013

SRF is currently trading at Rs. 159.20, up by 2.40 points or 1.53% from its previous closing of Rs. 156.80 on the BSE.

The scrip opened at Rs. 158.00 and has touched a high and low of Rs. 160.00 and Rs. 157.20 respectively. So far 1443 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 248.00 on 23-Jul-2012 and a 52 week low of Rs. 155.00 on 03-Jun-2013.

Last one week high and low of the scrip stood at Rs. 160.50 and Rs. 155.05 respectively. The current market cap of the company is Rs. 906.67 crore.

The promoters holding in the company stood at 50.71% while Institutions and Non-Institutions held 20.45% and 28.84% respectively.

SRF has set up a Thin BOPET film line (28,500 TPA) and trial production has been started by the company’s wholly owned step-down subsidiary - SRF Industries (Thailand) in Thailand. The commercial production will begin immediately on receipt of Consent to Operate.

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

6230.00 -631.65 (-9.21%) May 07, 12:11
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Peers
Company Name CMP
Grasim Industries 1453.80
DCM Shriram 691.80
SRF 6230.00
Birla Corporation 935.70
Prism Johnson 131.60
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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