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Add SRF, target price Rs 2,452: HDFC Securities

Add SRF, target price Rs 2,452: HDFC Securities

HDFC Securities has an add call on SRF with a target price of Rs 2452. The current market price of SRF is Rs 2258.6. SRF., incorporated in 1970, is a largecap company with a market cap of Rs 66911.98 crore, operating in diversified sector.

SRF’s key products/revenue segments include chemicals (industrial), other operating revenue, traded goods, export incentives for the year ending 31-Mar-2023.

Financials
For the quarter ended 30-09-2024, the company has reported a consolidated total income of Rs 3457.63 crore, down -.91% from last quarter’s total income of Rs 3489.38 crore and up 7.83% from last year’s same quarter’s total income of Rs 3206.48 crore. The company has reported net profit after tax of Rs 201.42 crore in the latest…

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