The share price of SRF Ltd.

dropped 0.58 per cent to Rs 2482.8 at 02:08PM (IST) in Tuesday's trade. The scrip has hit a high of Rs 2497.35 and low of Rs 2428.0 so far during the session. The stock had closed at Rs 2497.3 in the previous session.

The counter has had a total traded volume of 7712 shares so far with a value of Rs 1.89 crore on the NSE

. It traded at a price-to-earnings multiple of 59.93 and a price-to-book ratio of 6.63.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 10.42 per cent during the past one year, while the 30-share index advanced 24.22 per cent during the same period.

SRF Ltd.

belongs to the Diversified industry.

Promotor/FII Holding

Promoters held 50.26 per cent stake in the company as of 30-Jun-2024, while foreign investors and domestic institutional investors ownership stood at 18.75 per cent and 8.44 per cent, respectively.

Key Financials

The firm reported consolidated sales of Rs 3489.38 crore for the quarter ended 30-Jun-2024, down 2.89 per cent from the previous quarter's Rs 3593.13 crore and down 4.16 per cent from the year-ago quarter's Rs 3350.14 crore.

Profit for the latest quarter stood at Rs 252.22 crore, down 29.8 per cent from the same quarter a year ago.