SRF strengthens on reporting 26% rise in Q3 consolidated net earnings by admin- Tuesday, February 5th, 2019 04:34:49 PM
SRF is currently trading at Rs. 1987.25, up by means of 20.90 points or 1.06% from its preceding final of Rs. 1966.35 on the BSE.
The scrip opened at Rs. 2031.00 and has touched a excessive and low of Rs. 2037.00 and Rs. 1961.50 respectively. So a ways 21886 shares were traded on the counter.
The BSE institution ‘A’ inventory of face price Rs. 10 has touched a fifty two week excessive of Rs. 2443.00 on 30-Apr-2018 and a fifty two week low of Rs. 1531.00 on 20-Jul-2018.
Last one week high and low of the scrip stood at Rs. 2042.90 and Rs. 1951.00 respectively. The contemporary market cap of the business enterprise is Rs. 11398.Seventy seven crore.
The promoters retaining within the organization stood at fifty two.32%, while Institutions and Non-Institutions held 28.49% and 19.19% respectively.
SRF has said a upward push of eight.Ninety six% in its net income at Rs 132.Forty six crore for the region ended December 31, 2018 beneath evaluation as compared to Rs 121.57 crore for the same quarter in the preceding 12 months. Total profits of the company multiplied via 41.39% at Rs 1647.60 crore for Q3FY19 compared Rs 1165.26 crore for the corresponding area previous year.
On the consolidated basis, the enterprise has suggested a rise of 26.28% in its internet earnings at Rs a hundred sixty five.71 crore for the quarter beneath evaluation as compared to Rs 131.22 crore for the identical quarter in the preceding 12 months. Total profits of the business enterprise elevated with the aid of 38.88% at Rs 1969.26 crore for Q3FY19 compared Rs 1417.99 crore for the corresponding quarter preceding yr.