India's SRF at two-year high on Q3 profit beat

SRF

30/01/2025 10:08

** SRF Ltd's  SRFL.NS  shares rise 6% to 2,827 rupees,
hitting their highest level since Sept. 2022
    ** The chemicals and polymers maker posted a Q3 net profit
of 2.71 billion rupees, higher than the avg analyst expectation
of 2.34 billion rupees, according to data compiled by LSEG 
    ** The chemicals segment's revenue rose 7%, driven by strong
refrigeration gas demand - Jefferies     
    ** Stock sees most active session in three weeks, trading
vols at 4x their 30-day avg      
    ** SRFL up 26% so far in January

 (Reporting by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))