SRF shares soar over 8% in 2 days to hit a new 52-week high. Here’s why

SRF shares surged 8.5% in two days, hitting a 52-week high after strong Q3 FY25 results. PAT rose 7% YoY to Rs 271 crore, while revenue grew 14% to Rs 3,491 crore. The chemicals and packaging films businesses saw solid growth. Jefferies maintained an ‘underperform’ rating, citing stretched valuations and muted specialty chemicals demand. SRF shares surged 8.5% in two days, hitting a 52-week high after strong Q3 FY25 results. PAT rose 7% YoY to Rs 271 crore, while revenue grew 14% to Rs 3,491 crore. The chemicals and packaging films businesses saw solid growth. Jefferies maintained an ‘underperform’ rating, citing stretched valuations and muted specialty chemicals demand.  Economic Times

Leave a Reply

Your email address will not be published. Required fields are marked *