SRF shares soar over 8% in 2 days to hit a new 52-week high. Here’s why

January 31, 2025

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.

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