Shares of SRF Ltd. rose by 0.88% to Rs 2309.0 in Monday’s trading as of 10:50 AM (IST). The stock reached a high of Rs 2311.75 and a low of Rs 2288.85 during the session.
The 52-week high for the stock is Rs 2697.45, and the 52-week low is Rs 2050.0. The return on equity for SRF Ltd. stands at 11.63%. So far, 2,281 shares have been traded.
The stock’s beta value, which measures its volatility compared to the broader market, is 1.24.
Despite today’s gains, the stock has underperformed, decreasing by 8.22% over the past year, while the Sensex has increased by 22.81%.
Technical
On May 27, the 200-day moving average (DMA) for SRF Ltd. was Rs 2050.0, while the 50-DMA was Rs 2480.2. If a stock trades well above both the 50-DMA and 200-DMA, it usually indicates an upward trend. Conversely, trading well below both averages suggests a bearish trend. Trading between these averages indicates the stock could go either way.
Promoter/FII Holding
As of March 31, 2024, promoters held a 50.3% stake in SRF Ltd. Mutual funds held an 8.38% stake, and foreign institutional investors held a 19.08% stake.
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