Midcap company SRF gained 5.28% or Rs 17.80 on Thursday to close at Rs 354.70. It touched an intraday high of Rs 370 and an intraday low of Rs 330. There were pending sell orders of 365 shares, with no buyers available. Meanwhile, the total traded volumes were of 1,049,250 shares.
However, the interesting bit is that the share has risen 81.02% in last nine months. Why the run up? SRF Limited, a multi-business entity engaged in the manufacture of chemical based industrial intermediates, posted a net profit after tax (PAT) of Rs 171 crore during Q3 of 2010-11 recording a 350% increase over the corresponding period last year (CPLY). The companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
