INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on SRF Ltd
with a target price of Rs 2175
The current market price of SRF Ltd
is Rs 2094.55 Time period given by the analyst is Intra Day when SRF Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 2050
SRF Ltd., incorporated in 1970, is a midcap company with a market cap of Rs 12039.58 crore.
SRF Ltd
key Products/Revenue Segments include Nylon Tyre Cord Fabric Indus
Yarn Fabric which contributed Rs 1369.34 Crore to Sales Value (32.62 % of Total Sales), Packaging Film which contributed Rs 716.80 Crore to
Sales Value (17.07 % of Total Sales), Speciality Chemicals which contributed Rs 606.14 Crore to Sales Value (14.43 % of Total Sales),
Fluorochemicals which contributed Rs 592.70 Crore to Sales Value (14.11 % of Total Sales), Nylon Compounding Chips which contributed Rs
221.51 Crore to Sales Value (5.27 % of Total Sales), Laminated Fabric which contributed Rs 170.25 Crore to Sales Value (4.05 % of Total
Sales), Chloromethanes which contributed Rs 164.72 Crore to Sales Value (3.92 % of Total Sales), Synthetic Filament Yarn Industrial
Yarn/Tyre Cord which contributed Rs 158.86 Crore to Sales Value (3.78 % of Total Sales), Traded Goods which contributed Rs 73.96 Crore to
Sales Value (1.76 % of Total Sales), Waste (Others) which contributed Rs 44.43 Crore to Sales Value (1.05 % of Total Sales), Export
Incentives which contributed Rs 44.00 Crore to Sales Value (1.04 % of Total Sales), Other Operating Revenue which contributed Rs 25.81 Crore
to Sales Value (0.61 % of Total Sales), Scrap which contributed Rs 9.30 Crore to Sales Value (0.22 % of Total Sales)for the year ending
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1881.57 Crore, up 9.53 % from last quarter Sales of
Rs 1717.79 Crore and up 48.16 % from last year same quarter Sales of Rs 1269.98 Crore Company has reported net profit after tax of Rs 151.20
Lakshminarayan, Mr.Pramod Bhasin, Mr.Pramod G Gujarathi, Mr.Tejpreet S Chopra, Mr.Vellayan Subbiah, Mr.Vinayak Chatterjee
LLP as its auditoRs As on 30-09-2018, the company has a total of 57,480,500 shares outstanding.
