 "SRF")
Shares of SRF hit a four month low of Rs 1,690, down 5% on the BSE, falling 11% thus far in the current week. The stock of textiles Company was trading at its lowest level since February 6, 2018.
Post January-March quarter (Q4FY18) results, SRF has fallen 25% from Rs 2,258 on May 16, as compared to a marginal 0.12% rise in the S&P BSE Sensex.
SRF had reported decrease of 4% in its consolidated net profit from Rs 1.29 billion in Q4FY17 to Rs 1.24 billion in Q4FY18, despite significant increase in depreciation, interest and tax rate
Post January-March quarter (Q4FY18) results, SRF has fallen 25% from Rs 2,258 on May 16, as compared to a marginal 0.12% rise in the S&P BSE Sensex.
SRF had reported decrease of 4% in its consolidated net profit from Rs 1.29 billion in Q4FY17 to Rs 1.24 billion in Q4FY18, despite significant increase in depreciation, interest and tax rate
