Multibagger Stock: 5560% Return In 10 years! Do You Own It?

Multibagger return

Shares of SRF limited have delivered over 5560% return to its long-term investors in the last 10 years

About SRF Limited

SRF's business portfolio covers Fluorochemicals, Specialty Chemicals, Packaging Films, Technical Textiles and Coated and Laminated Fabrics

Nirmal Bang on SRF

Nirmal Bang believes that 75% of the SRF’s fair value is derived from the Chemicals business, which is exceeding expectations every quarter. It has a 'Buy' rating with a target price of Rs 3,100

CITI on SRF

CITI believes the packaging films will likely remain a drag on overall performance. It has a 'Buy' rating with a TP of Rs 3,125

B&K Securities

B&K Securities said there were certain pockets in the chemical industry that may benefit from relative cost advantage in the near to medium-term

Down over 19% from
52-week high

Shares of SRF are down over 19% from its 52-week high of Rs 2,864.35, hit on September 14, 2022

SRF Limited: Current
share price

Shares of SRF Limited ended 0.14% lower at Rs 2319.60 on BSE on December 20, 2022. Market cap of the firm fell to Rs 68,758.70

Disclaimer

Stock mentioned in the story is for information purpose only. Investors or market participants should consult their financial advisors before taking any position

Next Visual Story 

Auto Expo 2023: Maruti Suzuki, Hyundai, Tata SUVs To Be Showcased

Story by: Tanya Aneja
Designed by: Pragati

Click Here

Next: Nykaa shares at all-time low; down 20% in 1 month