SRF SHARE PRICE

SRF Ltd., incorporated in 1970, is an Indian chemical-based multi-business conglomerate. It manufactures industrial and speciality intermediates. The company’s headquarters are in New Delhi. For the quarter ended June 2022, SRF Ltd. recorded a total income of Rs 3,904.57 crore, up 9.78% from the total income of Rs 3,556.65 crore for the quarter ended March 2022. On 19 August 2022, the company’s market capitalisation stood at Rs 72,775 crore. 

The company’s Bombay Stock Exchange listing code is 503806 and the National Stock Exchange listing code is SRF. 

SRF Ltd.’s first plant was established in Manali, near Chennai, in 1974. As of 2022, it has grown into a leading, professionally-managed, diversified chemicals conglomerate from a single-unit tyre manufacturer. The company’s business verticals include packaging films, coated fabrics, laminated fabrics, fluorochemicals, technical textiles, and speciality chemicals. The products and solutions are sold globally for varied applications in automotive, food packaging, tyres, air conditioners, cricket grounds, and other industries. During FY 2021-2022, SRF Ltd. generated a total revenue of Rs 12,549.17 crore. The company’s revenue growth of 48.22% outperformed its three-year CAGR of 20.52%.  

On 30 June 2022, the company’s shareholding pattern showed a public stake of 20.69%, foreign institutional investor stake of 19.21%, domestic institutional investor stake of 9.36%, and promoter stake of 50.73%. The entire promoter share belongs to Kama Holdings Ltd. The promoter share remained unchanged since December 2021. In the June 2022 quarter, FII decreased holdings from 19.60% to 19.21%.  

The company’s top management comprises Mr Arun Bharat Ram, Ms Bharti Gupta Ramola, Mr Kartik Bharat Ram, MrVellayan Subbiah, Mr Raj Kumar Jain, Mr Ashish Bharat Ram, Mr Pramod G Gujarathi, Mr Yash Gupta, Mr Rahul Jain, MrTejpreet S Chopra, Mr Lakshman Lakshminarayan, and Mr Puneet Yadu Dalmia. Its auditors are BSR & Co. LLP.  

On 19 August 2022, the company’s share price closed at Rs 2,457.30 on BSE. SRF Ltd.’s share price closed at Rs 2,455.10 on NSE. The 52-week high for SRF Ltd.’s share price was Rs 2,773.35, and the 52-week low for the company’s share price was Rs 1,743.01. SRF Ltd.’s one-year return to the investors was 36.80%.  

The company’s peers in the chemicals sector include ITC Ltd., Grasim Industries Ltd., Reliance Industries Partly Paid Up, and Piramal Enterprises. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose

SRF Ltd., incorporated in 1970, is an Indian chemical-based multi-business conglomerate. It manufactures industrial and speciality intermediates. The company’s headquarters are in New Delhi. For the quarter ended June 2022, SRF Ltd. recorded a total income of Rs 3,904.57 crore, up 9.78% from the total income of Rs 3,556.65 crore for the quarter ended March 2022. On 19 August 2022, the company’s market capitalisation stood at Rs 72,775 crore. 

The company’s Bombay Stock Exchange listing code is 503806 and the National Stock Exchange listing code is SRF. 

SRF Ltd.’s first plant was established in Manali, near Chennai, in 1974. As of 2022, it has grown into a leading, professionally-managed, diversified chemicals conglomerate from a single-unit tyre manufacturer. The company’s business verticals include packaging films, coated fabrics, laminated fabrics, fluorochemicals, technical textiles, and speciality chemicals. The products and solutions are sold globally for varied applications in automotive, food packaging, tyres, air conditioners, cricket grounds, and other industries. During FY 2021-2022, SRF Ltd. generated a total revenue of Rs 12,549.17 crore. The company’s revenue growth of 48.22% outperformed its three-year CAGR of 20.52%.  

On 30 June 2022, the company’s shareholding pattern showed a public stake of 20.69%, foreign institutional investor stake of 19.21%, domestic institutional investor stake of 9.36%, and promoter stake of 50.73%. The entire promoter share belongs to Kama Holdings Ltd. The promoter share remained unchanged since December 2021. In the June 2022 quarter, FII decreased holdings from 19.60% to 19.21%.  

The company’s top management comprises Mr Arun Bharat Ram, Ms Bharti Gupta Ramola, Mr Kartik Bharat Ram, MrVellayan Subbiah, Mr Raj Kumar Jain, Mr Ashish Bharat Ram, Mr Pramod G Gujarathi, Mr Yash Gupta, Mr Rahul Jain, MrTejpreet S Chopra, Mr Lakshman Lakshminarayan, and Mr Puneet Yadu Dalmia. Its auditors are BSR & Co. LLP.  

On 19 August 2022, the company’s share price closed at Rs 2,457.30 on BSE. SRF Ltd.’s share price closed at Rs 2,455.10 on NSE. The 52-week high for SRF Ltd.’s share price was Rs 2,773.35, and the 52-week low for the company’s share price was Rs 1,743.01. SRF Ltd.’s one-year return to the investors was 36.80%.  

The company’s peers in the chemicals sector include ITC Ltd., Grasim Industries Ltd., Reliance Industries Partly Paid Up, and Piramal Enterprises. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose