SRF stock price: SRF stocks gain 2.01% as Sensex falls

The shares of Ltd. traded up 2.01 percent in Monday’s 10:00 am (IST) session. The action opened at Rs 2313.65 and hit an intraday high and low of Rs 2366.0 and Rs 2294.75, respectively, during the session so far.

The stock traded a 52-week high of Rs 2,544.0 and a 52-week low of 1,026.63. About 27,219 stocks have changed hands on the counter so far.

The benchmark Nifty50 was down 48.4 points to 16,955.35, while the BSE Sensex was trading down 144.83 points to 56,979.48 at the time of writing.



In the Nifty pack, 11 shares traded during the day in the green, while 39 were in the red.

Key financial data

For the quarter ended Sep 30, 2021, the company reported consolidated sales of Rs 2,850.09 crore, up 5.05% from Rs 2,713.18 crore in the previous quarter and 35.04% from the previous quarter. in the quarter of the previous year. The company reported net profit of Rs 382.45 crore for the last quarter.


Promoter’s holdings

The promoters held 50.77% of the company’s capital as of September 30, 2021, while the FIIs held 19.18% and the MF 10.23%.

Techniques

On technical charts, the stock’s 200-day moving average (DMA) stood at Rs 1,715.05 on December 27, while the 50-DMA was at Rs 2,162.57. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading well below 50-DMA and 200-DMA, it is considered a downtrend and if it is trading between these averages, it suggests that the stock may go into the both directions.

Eleanor C. William