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India's SRF beats Q3 profit view on strong demand in chemical business

SRF saw strong demand from overseas markets, higher capacity-utilisation of facilities and significant cost-savings across all product streams

Measuring worth: Front-row seats to high return-on-equity stocks

A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.

Stocks to Watch: Adani Enterprises, Vi, Hero Moto, Amara Raja, Blue Star

Stocks to Watch: Vodafone India's net loss widened 6.4 per cent on a year-on-year (YoY) basis at Rs 7,595 crore in the second quarter of FY23 due to an increase in finance and operating expenses

Robust demand trends in chemicals biz, expansions positive for SRF stock

Company has increased capex for the business to tap into new opportunities

Investors brush aside tariff, margin concerns for SRF; stock rebounds

The stock has been under pressure on concerns related to the demand, its ability to sustain margins, and increased competitive pressures due to policy decisions

Strong chemicals business outlook likely to support the SRF stock

This could aid overall profitability, even though other segments may see margin moderation

Stocks to Watch: Banks, IT, GNFC, SRF, PVR, UPL, CBI, Vedant Fashions

Stocks to Watch Today: Asian Paints, Cipla, Gujarat Gas and Vodafone Idea will be in focus ahead of the Q4 results on Tuesday, May 10, 2022.

SRF stocks shines on import curbs, growth prospects, but valuations pricey

While there are multiple positives across SRF's key segments, investors should await for a better opportunity to enter the stock

Strong outlook to support SRF stock as Dec qtr show beats all estimates

Q3 performance was led by strong demand/realisations in the chemicals business

Sensex snaps 5-day losing run, ends 367 pts up; Nifty holds 17,250

Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close

Stocks to Watch: RIL, Asian Paints, PVR, SBI, Axis Bank, Dixon, Onward Tech

Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)

Favourable outlook across segments to keep earnings growth robust for SRF

Gains from multiple triggers are factored in valuations which limits upsides

SRF gains 5% ahead of board meet for bonus issue; jumps 50% in 3 months

The board of directors of the Company is scheduled to meet on Tuesday, August 31, 2021 to consider and approve issuance of bonus shares subject to approval by the shareholders of the Company.

Slack in chemicals, lower packaging margins to dent SRF's earnings growth

Given the valuation worries, investors should await further correction before considering the stock

Higher chemical prices, ongoing expansion and demand to support SRF stock

While medium term prospects remain strong, the upsides after recent rally are limited

SRF, Jindal Steel: Will the likely inclusion in MSCI index trigger a rally?

Tata Motors DVR, Intellect Design and SKF India are among the stocks that may be added to the MSCI SmallCap index

Investments in chemical biz, recovery in refrigerants to boost SRF earnings

Continued demand momentum in packaging and films segment add to the optimism

Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations

Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22

SRF hits a fresh record high on successful fundraising through QIP issue

ICICI Prudential Mutual Fund, HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, Nippon Life India Asset Management, and SBI Mutual Fund have allotted shares in QIP.

MARKET WRAP: Indices end flat, Sensex settles 32 pts higher; IT stocks gain

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