SRF is a chemical based company which is producing different types of chemicals. SRF is a large cap company with the market capitalization of Rs 37206 Crores.
As SRF has published its Quarterly Report as well as Annual Financial Report.
Its sale in March Quarter 2021 rises to Rs 2608 as compared to the December 2020 where it stands up to Rs 2146 crores. Its Operating Profit in March Quarter 2021 rises to Rs 643 as compared to the December 2020 where it stands up to Rs 566 crores. Its Profit Before Tax in March Quarter 2021 rises to Rs 511 as compared to the December 2020 where it stands up to Rs 443 crores. Its Net Profit in March Quarter 2021 rises to Rs 381 as compared to the December 2020 where it stands up to Rs 325 crores. Its EPS (Earning Per Share) in March Quarter 2021 rises to Rs 64.30 as compared to the December 2020 where it stands up to 54.81.
It has a very good track record of performance. It is one of the best stock in chemical. Here one could go with long Term Investment as well as short term investment as well.
The New Target Price of SRF would be Rs 8500 which could be achieved in a span of 3 to 4 months.