Favourable outlook across segments to keep earnings growth robust for SRF

Gains from multiple triggers are factored in valuations which limits upsides


The stock of the country’s largest specialty chemicals maker, SRF was up 4.6 per cent in trade on Tuesday after the management indicated a strong second half in the current financial year for each of its key segments of chemicals, packaging films and technical textiles. The outlook comes amid strong September quarter results; the company reported a consolidated revenue growth of 35.1 per cent with growth broad based across segments. While the stock gave up some of the gains in Wednesday’s session, most brokerages remain positive about its earnings trajectory over the next ...