Today's selling in SRF was seen despite the company reporting a 31 per cent Y-o-Y increase in consolidated net profit to ₹509.12 crore for the quarter ended September.
Benchmark indices traded lower for the third consecutive session on Thursday, as selling across sectors amid elevated crude oil prices and concerns over corporate earnings weighed on sentiment.
Stocks to watch today: BEL, Swiggy, Eternal, IHCL, PC Jeweller, RBL Bank, SRF, Nestle India, Zydus Wellness, Persistent Systems, Adani Green Energy, Aye Finance, among others, will be in focus today
Brokerages believe select firms will continue to benefit but upside for others may reverse in Sept quarter
SRF reported 76% YoY growth in Q1FY27 PAT. It is undertaking a series of smaller capital expenditure projects within the Specialty Chemicals business to enhance capacity and operational efficiencies.
The Nifty Midcap Select index hit a new high of 14,223.90, soaring 2% and surpassing its previous high of 14,118 touched on December 1, 2025.
SRF share price: Today's buying in SRF was buoyed after the company reported an 11 per cent Y-o-Y increase in its consolidated net profit to ₹582.02 crore for the March quarter.