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    SRF shares rise 1.15% as Sensex climbs

    Synopsis

    A total of 1,782 shares changed hands on the counter till 11:58AM (IST)

    NiftyGetty Images
    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    Shares of the SRF Ltd. traded at Rs 2558.1 on BSE at 11:58AM (IST) on Monday, up 1.15 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 2002.5 and a high of Rs 2864.35.

    Earlier, shares of the company saw a gap down opening in the morning.

    A total of 1,782 lakh shares changed hands on the counter till 11:58AM (IST).

    The stock of SRF Ltd. commands a market value of Rs 75532.01 crore.

    The stock traded at a price-to-earning (P/E) multiple of 34.25, while the price-to-book value ratio stood at 9.3. Return on equity (ROE) was at 22.05 per cent, according to exchange data.

    In the BSE500 pack, 366 stocks traded in the green, while 135 stocks were in the red.

    Promotor Holding
    Promoters held 50.53 per cent in the SRF Ltd. as of 31-Mar-2023 while overseas and domestic institutional investors owned 18.52 per cent and 14.79 per cent, respectively.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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