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Srfanalysis

SRF can Surf upwards after consolidation. SRF Ltd. engages in the manufacturing of chemical-based industrial intermediates. It operates through the following segments: Technical Textiles Business, Chemicals Business, Packaging Film Business etc. The Chemicals Business segment comprises of refrigerant gases, industrial chemicals, specialty chemicals, fluoro chemicals & allied products and its research and development. SRF Ltd. CMP is 2529.15. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter and Book Value per share Improving for last 2 years. The Negative aspects of the company are High Valuation (P.E. = 61), De-growth in Revenue and Profit, Inefficient use of capital to generate profits and Inefficient use of shareholder funds. Entry can be taken after closing above 2529 Targets in the stock will be 2579, 2656 and 2693. The long-term target in the stock will be 2756 and 2855. Stop loss in the stock should be maintained at Closing below 2427 or 2285 depending on your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:SRFLong
by Happy_Candles_Investment