Neutral SRF; target of Rs 2500: Motilal Oswal
Motilal Oswal recommended Neutral rating on SRF with a target price of Rs 2500 in its research report dated November 05, 2022.09-11-2022
09-11-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Mr. Rahul Jain, President & CFO will be interacting with certain Institutional Investors in Flagship India Conference 2022 hosted by UBS Securities India Private Limited through virtual mode on 11th Nov, 2022.09-11-2022
SRF LTD. - 503806 - Commissioning And Capitalisation Of Capital Expenditure Proposal Approved By The Board
This is in continuation of our letter dated 30th July, 2020 informing Board's approval for a project to set up of a Chloromethanes Plant at Dahej. It is hereby informed that project has been commissioned and capitalized on 7th November, 2022 at an aggregate cost of Rs. 385 Crores (approx.).08-11-2022
Buy SRF; target of Rs 2960: Sharekhan
Sharekhan is bullish on SRF has recommended buy rating on the stock with a target price of Rs 2960 in its research report dated November 04, 2022.08-11-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Audio recording of the Earnings call on 4th November 202204-11-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Clippings of Unaudited financial Results for quarter and half year ended September 30, 2022 - SRF Limited04-11-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Investor Presentation
In continuation of our letter dated 01st November, 2022 informing about hosting of earning call to discuss Un-Audited financial results for quarter and half year ended 30th September, 2022, please find enclosed Investors presentation, of the same for your reference and record. The same is also available on the Company's website i.e. www.srf.com04-11-2022
SRF LTD. - 503806 - Capital Expenditure Proposal Approved By The Board
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held on November 3, 2022 has approved projects for setting up of four new plants and capacity enhancement of an existing plant to produce various speciality chemicals at an estimated cost of Rs. 604 Crores.03-11-2022
SRF Q2 results: Consolidated net profit rises 26% to Rs 481 crore
Revenue from operations in the quarter under review increased 31 percent to Rs 3,728 crore against Rs 2,839 crore in the same quarter last fiscal03-11-2022
Q2FY23 Quarterly Result Announced for SRF Ltd.
Specialty chemicals manufacturer SRF announced Q2FY23 results: Consolidated Q2FY23: The consolidated revenue of the company grew 31% from Rs.2,839 crore to Rs.3,728 crores in Q2FY23 when compared with the Corresponding Period Last Year (CPLY) The company’s Earnings before Interest and Tax (EBIT) increased 21% from Rs.569 crore to Rs.689 crore in Q2FY23 when compared with CPLY. The company’s Profit after Tax (PAT) increased 26% from Rs.382 crore to Rs.481 crore in Q2FY23 when compared with CPLY. Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “Our Chemicals Business has performed exceedingly well once again. The Packaging Films Business is witnessing historically low margins in the polyester film segment and the Technical Textiles Business is suffering from weak demand for tyre cord. Despite a challenging global scenario, we remain cautiously optimistic about the near-term outlook for our Chemicals business.” Result PDF03-11-2022