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.
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According to Kotak Institutional Securities, prolonged unrest in West Asia could not only push up input costs for Indian chemical companies but also have an impact on export revenues
Mazagon Dock, Concor, IRCTC, DLF and SRF can bounce back from oversold levels owing to a positive divergence on the RSI indicator, explains Muthuselvaraj, technical analyst at Mirae Asset ShareKhan.
SRF stock witnessed over 23-fold in trading volume when compared to the two-week average on the BSE in Wednesday's trading session, even as the stock traded on a rather flat note.