SRF Proportion Value: Stocks of SRF upward thrust as Nifty positive factors

Inventory . added 0.54% to Rs 2125.0 in buying and selling on Tuesday as of 10:36 am (IST). Throughout the consultation, it hit a prime of Rs 2139.75 and a low of Rs 2114.05.

The stocks traded at a 52-week prime of Rs 2,864.35 and a low of Rs 2,002.5. Go back on fairness of stocks amounted to 22.05%. About 2,495 stocks modified arms at the counter.

A inventory’s beta value, which measures its volatility relative to the wider marketplace, was once 1.24.

The script fared the worst, down 10.31% during the last yr in comparison to a three.44% acquire for Sensex.

Specs
At the technical charts, the 200-day shifting moderate (DMA) of the inventory was once Rs 2,002.5 on Jan 24, whilst the 50-day DMA was once Rs 2,291.63. If a inventory is buying and selling smartly above the 50-DMA and 200-DMA, it typically implies that the rapid pattern is up. Alternatively, if a inventory trades smartly under the 50-DMA and 200-DMA, it is thought of as bearish, and if it trades between those averages, then it means that the inventory may just transfer in both course.

Promoter / Preserving FII
As of December 31, 2022, the promoters owned 50.73% of the stocks of SRF Ltd. Mutual budget and overseas institutional traders owned 9.18% and 19.21% of the stocks.

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