SRF shares gain 1.25% as Sensex rises

Shares of SRF Ltd. traded 1.25 per cent up at Rs 2488.15 at 12:04PM (IST) on Tuesday, even as BSE benchmark Sensex gained 253.39 points to 62217.07. The scrip had settled at Rs 2457.35 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2864.35 and Rs 2002.5, respectively.

As per BSE data, total traded volume on the counter till 12:04PM (IST) stood at 12:04PM shares with turnover at Rs 0.98 crore.

At the current price, shares of the company trades at 34.07 times its trailing 12-month earnings per share of Rs 72.95 per share and 9.3 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.24.

Shareholding Details
Promoters held 50.53 per cent stake in the company as of 31-Mar-2023, while FIIs owned 18.52 per cent and DIIs 14.79 per cent.