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1 Comment
SRF Limited is currently in a long term uptrend where the price is trading 31.9% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 4.3.
SRF Limited's total revenue rose by 16.0% to $21B since the same quarter in the previous year.
Its net income has dropped by 5.3% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 314.0% to $6B since the same quarter in the previous year.
Based on the above factors, SRF Limited gets an overall score of 4/5.
ISIN | INE647A01010 |
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Industry | Specialty Chemicals |
Sector | Basic Materials |
CurrencyCode | INR |
Exchange | NSE |
Target Price | 2795 |
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PE Ratio | 22.36 |
Market Cap | 723B |
Dividend Yield | 0.3% |
Beta | 0.57 |
SRF Limited manufactures, purchases, and sells technical textiles, chemicals, packaging films, and other polymers. It operates through Technical Textiles Business, Chemicals Business, Packaging Film Business, and Others segments. The company offers nylon tyre cord, belting, coated, and laminated fabrics; and industrial and polyester industrial yarns. It also provides fluorochemicals, such as refrigerants for room air-conditioner, automobile air-conditioner, refrigerator, and chillers under the Floron brand, as well as propellants for the pharmaceutical sector under the Dymel brand; and industrial chemicals used in various applications comprising solvents in pharma, feedstock for pharmaceutical and agrochemicals, metal de-greasing, etching of stainless steel and glass, and dry- foam blowing cleaning. In addition, it provides advanced intermediates for the agrochemical and pharmaceutical industries. Further, the company provides bi-axially oriented polyethylene terephthalate films under PETLAR brand and bi-axially oriented polypropylene films under OPLAR brand. It serves in India, Germany, the United States, Belgium, Switzerland, and internationally. The company was formerly known as Shri Ram Fibres and changed its name to SRF Limited in 1990. The company was incorporated in 1970 and is headquartered in Gurugram, India. SRF Limited is a subsidiary of KAMA Holdings Limited.
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