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SRF SRF News Story

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Basic MaterialsBalancedLarge CapFalling Star

India's SRF gains on Q1 profit rise

** Shares SRF SRFL.NS of rise 2% to 3,200 rupees

** Chemicals and polymers maker posts a 71.4% Y/Y rise in June-qtr profit; rev from ops rises 4.9% Y/Y

** More than 911,195 shares change hands, 1.7x of 30-day avg

** SRFL rated "hold" by 25 analysts on average; median target price is 2,975 rupees – data compiled by LSEG

** Stock up 43% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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