SRF shares surged 8.5% in two days, hitting a 52-week high after strong Q3 FY25 results. PAT rose 7% YoY to Rs 271 crore, while revenue grew 14% to Rs 3,491 crore. The chemicals and packaging films businesses saw solid growth. Jefferies maintained an ‘underperform’ rating, citing stretched valuations and muted specialty chemicals demand.
Global Markets | European shares fall again as Mideast war drags on
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A