SRF Ltd. Achieves 52-Week High Amid Strong Market Performance and Financial Growth

SRF Ltd., a prominent player in the specialty chemicals sector, has made headlines today as its stock price reached a new 52-week high of Rs. 3,136.3. This milestone comes after a robust performance, with the stock gaining 8.53% over the past five days, reflecting a consistent upward trend. Notably, SRF is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong technical momentum.
In the broader market context, the Sensex has shown resilience, climbing 810.63 points to close at 82,244.87, just 4.54% shy of its own 52-week high. This bullish sentiment is echoed in SRF's impressive one-year performance, boasting a return of 36.20%, significantly outpacing the Sensex's 9.55% gain.

Financially, SRF demonstrates high management efficiency with a return on capital employed (ROCE) of 17.30% and a low debt-to-EBITDA ratio of 1.23 times, showcasing its strong ability to service debt. The company recently reported a positive PAT of Rs. 526.06 crore, marking an 83.5% growth compared to previous quarters, further solidifying its position in the market. With a market capitalization of Rs. 92,022 crore, SRF stands as the second-largest company in its sector, commanding an 18.60% share of the industry.